WFG expands title agency footprint into Rocky Mountains

Brian Phillips will head operations for the company’s new Rocky Mountain Region, encompassing Colorado, Utah, Montana and Wyoming. Continue reading

Lower launches ‘Realtor agnostic’ cash-offer service, MortgagePass

Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide. Continue reading

Mortgage rates surge past 6% on fears of Fed tightening

Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading

Mortgage rates under pressure again with inflation at 40-year high

Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading

RE/MAX’s Motto Mortgage lures key exec from rival to fuel growth

Chris Erickson has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi. Continue reading

Lending activity plummeted during Q1, fastest YOY decline in 8 years

A report found overall residential lending to be down 32 percent between the first quarters of 2021 and 2022, with refinancing lending dropping 22 percent and mortgages dipping 18 percent. Continue reading

Mortgage demand drops to 22-year low as rates rebound: MBA survey

As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Continue reading

Ribbon partners with Coldwell Banker Heritage for Ohio launch

Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states. Continue reading

The most important mortgage column you may ever read

An “All-In-One-Mortgage” combines a bank account, a mortgage, and an equity line of credit (the equivalent of a HELOC) into a single product that accomplishes each of these goals. Author and consultant Bernice Ross discusses its potential for homeowner… Continue reading

What’s the craziest way you’ve kept a transaction together? Pulse

This week, we’re wondering: What’s the wackiest thing you’ve had to do to get a deal done? Let us know in this week’s Pulse. Continue reading