James Kleimann

2 weeks ago | housingwire.com | James Kleimann

The MOU comes amid tariffs that President Donald Trump recently imposed on South Korean goods, including 25% on vehicles and 25% on steel and aluminum imports. South Korea is negotiating with the U.S. to seek exemptions or lower tariffs. “This partnership reflects HUD’s unwavering commitment to expanding strong, affordable housing opportunities for the American people,” HUD Secretary Scott Turner said in prepared remarks.

2 weeks ago | housingwire.com | James Kleimann

H.R. 2808 bans the use of trigger leads while carving out exceptions for the current loan servicer, the originator and any banks that have a depository relationship with the borrower. It would be a big blow to the credit reporting agencies — particularly Experian, sources said — that make millions of dollars each year selling leads to other lenders looking to snag the loan after a hard credit pull.

2 weeks ago | housingwire.com | James Kleimann

Krishna, a product guru who previously worked at Paypal and Intuit, is a diehard fan of Redfin. He uses it every day — and it’s really his fandom that led to the acquisition. In fact, he talked about what Redfin could do at Rocket during his interview process. He and Kelman began chatting, they met in Seattle and “one thing led to another,” Krishna told Collins. With Mr. Cooper, he met with leaders across the industry over the first eight weeks of his tenure at Rocket.

3 weeks ago | housingwire.com | James Kleimann

Sportico reported that per the agreement, Justin Ishbia will make capital infusions into the White Sox as a limited partner in 2025 and 2026. This is designed to reduce existing debt and support operations. Reinsdorf, 89, will have the option to sell the controlling interest to Justin Ishbia between 2029 and 2033. Justin Ishbia already holds a minority stake in the White Sox.

4 weeks ago | housingwire.com | James Kleimann |Flávia Nunes

HousingWire reported earlier this month that Movement sold a $5 billion MSR package to an unknown buyer on May 7 consisting of agency loans. Sources later provided HousingWire an email authored by company president Steve Smith that stated Movement executed a trade in May to sell $4.4 billion UPB of government MSRs to Freedom Mortgage. It’s unclear if it’s the same trade. Movement did not respond to HousingWire’s request for comment. Freedom also did not comment on the transaction.