Movement Mortgage - Real Estate Investor Pulse

loanDepot, Movement Mortgage file motion to dismiss poaching lawsuit

July 30, 2024 Allen Santos Comments Off

Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware. In June 2023, California-based […]

Movement Mortgage’s Casey Crawford: ‘Make it a Point to Connect’ This Christmas Season

December 22, 2023 kingstu Comments Off

Casey Crawford, the co-founder and CEO of Fort Mill, South Carolina-based Movement Mortgage, took to social media to urge industry professionals to connect with others during the Christmas season. Crawford stated his company was founded with the […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]