Tag Archives: lending

Quicken sets multiple company records during best quarter ever

By Jim Dalrymple II | July 17, 2019 - 6:36 pm |July 17, 2019 Uncategorized

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The lender originated more than $10 billion in loans each month in the second quarter of 2019. Continue reading →

How to begin financing investment properties

By Jim Dalrymple II | July 15, 2019 - 6:00 pm |July 15, 2019 Uncategorized

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Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started Continue reading →

Lender slapped with $1.75M fine for bungling demographic data

By Jim Dalrymple II | June 7, 2019 - 12:33 pm |June 7, 2019 Uncategorized

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

Wells Fargo hires mortgage tech chief from JP Morgan

By Jim Dalrymple II | May 29, 2019 - 1:18 pm |May 29, 2019 Uncategorized

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Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading →

In digital era, consumers want financing first

By Jim Dalrymple II | January 29, 2019 - 1:11 pm |January 29, 2019 Uncategorized

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“Most buyers are seeking financing first as kind of the genesis of their home buying process,” mello Home CEO Chris Heller said Monday at Hacker Connect. Continue reading →

Borrowers are turning to digital lenders — and abandoning banks

By Jim Dalrymple II | January 18, 2019 - 1:52 pm |January 18, 2019 Uncategorized

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Americans are increasingly forgoing traditional banks when taking out home loans, pushing mortgage revenue down for big name lenders but offering a boon to unconventional, tech-enabled companies. Continue reading →

Shutdown prompts Fannie Mae to tweak lender requirements

By Jim Dalrymple II | January 17, 2019 - 4:14 pm |January 17, 2019 Uncategorized

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As the government shutdown drags on with no end in sight, Fannie Mae is tweaking its lending requirements to accommodate people who aren’t currently getting paychecks and whose bosses aren’t around to confirm their employment. Continue reading →

Is BNTouch the CRM agent-mortgage teams need?

By Craig C. Rowe | January 16, 2019 - 10:00 am |January 16, 2019 Uncategorized

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This software platform for mortgage brokers to find, nurture and close loans can benefit real estate agents too. Continue reading →

Mortgage Bankers Association appealed directly to Treasury for relief during shutdown: Report

By Jim Dalrymple II | January 12, 2019 - 1:12 am |January 12, 2019 Uncategorized

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After lobbying from the mortgage industry, the IRS is once again verifying the incomes of mortgage applicants despite a government shutdown and some questions about the fairness of reopening just one part of the agency. Continue reading →

Can this app reduce escrow to 10 days for homebuyers?

By Craig C. Rowe | October 11, 2018 - 6:44 pm |October 11, 2018 Uncategorized

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LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals. Continue reading →