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Rocket CFO touts ‘all-weather’ model as mortgage market improves

Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025. “If you look at the mortgage forecasts, it depends on which one you choose, but they’re up anywhere from 8% to 25% based on the Fannie Mae and MBA numbers,” Brown said during a webinar with Fitch...

Fashion mogul Steve Madden’s former full-floor Central Park “sky mansion” wants $11.5M, has 360-degree New York skyline views

Some Manhattan apartments offer a great view. This one offers all of them at once. The former home of fashion mogul Steve Madden has just hit the market for $11.5 million, bringing a full-floor “sky mansion” to the top of the Upper East Side skyline. Located at 200 East 69th Street, Apartment 47, the 4,617-square-foot residence sits high above the city with cinematic 360-degree views of...

TV-favorite six-story townhouse in Midtown West, Manhattan hits the market for $11.75M

Some Manhattan townhouses are impressive. Others have their own IMDb résumé. A rare six-story, 25-foot-wide elevator townhouse in Midtown West — famously featured in Netflix’s romantic comedy Uncoupled starring Neil Patrick Harris — has just hit the market for $11.75 million. Located at 416 West 51st Street, the 7,000-square-foot residence is listed with Clara Chung of Douglas Elliman and...

U.S. Housing Outlook for 2026 Darkens After Sharp December Pullback in Contract Signings

The U.S. housing market ended 2025 on a weaker footing than expected, raising fresh concerns about momentum heading into 2026 as buyers pulled back sharply from signing new contracts. Pending home sales -- a forward-looking gauge of closed transactions -- fell 9.3% in December 2025 from the prior month and were down 3% from a year earlier, according to data released last Thursday by the National...

Jason Mitchell Group adds LitFinancial to referral network

The Jason Mitchell Group (JMG) said it has added mortgage brokerage LitFinancial to its network of business-to-business partners. LitFinancial was founded in 2024 and has closed more than $1 billion in client volume since launching — providing mortgage services and working with homebuyers nationwide. “JMG is proud to partner with LitFinancial, who provide a world-class service,” said Jason...

Policy clash: how two housing policies blend to price out millions

It goes with the insanity of today’s U.S. housing affordability crisis that two rights can make a wrong. Two federal policies — each designed to lower the lifetime operating cost of owning a home — can instead combine to raise the barrier to entry so high that millions of households never get through the front door in the first place. The technical terms for these lose-lose-lose, vicious circle...

Rocket Companies hit with class-action lawsuit alleging steering, home-price inflation

Detroit-based Rocket Companies was hit with a class-action lawsuit on Monday that accuses one of the nation’s largest mortgage lenders of steering consumers to their loan products, “even though Rocket Mortgage‘s terms are disadvantageous to the clients.” The suit was filed in the U.S. District Court for the Eastern District of Michigan. The plaintiffs are represented by Hagens Berman, a consumer...

New real estate certification spotlights agents committed to consumer protection

Transparency is sweeping the housing industry with everyone from trade associations and brokerage leaders to agents and consumers claiming they want more transparency in the home buying and selling process.  For agents looking to up their commitment to transparency, Housing Rebel by Selling Later, a group created by Consumer Policy Center (CPC) fellow Wendy Glich, has launched its “Transparent Agent...

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