Tag Archives: mortgage

Power Buyer Knock revamps board of directors

By | | Uncategorized
Comments Off on Power Buyer Knock revamps board of directors

Representative of NAR’s venture capital arm, Second Century Ventures, will serve as an observer on Knock’s board of directors. Continue reading →

Loan servicing giant Mr. Cooper lays off another 420 workers

By | | Uncategorized
Comments Off on Loan servicing giant Mr. Cooper lays off another 420 workers

Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Continue reading →

Amid market jolt, hiring continues in residential development sector

By | | Uncategorized
Comments Off on Amid market jolt, hiring continues in residential development sector

Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading →

From ‘Better’ to worse: Real estate companies making layoffs so far

By | | Uncategorized
Comments Off on From ‘Better’ to worse: Real estate companies making layoffs so far

With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading →

Opendoor aims for 2-minute pre-approvals with new app

By | | Uncategorized
Comments Off on Opendoor aims for 2-minute pre-approvals with new app

The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading →

Zombie foreclosures post 1st increase since moratorium’s end

By | | Uncategorized
Comments Off on Zombie foreclosures post 1st increase since moratorium’s end

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading →

How are your clients funding their purchases? Pulse

By | | Uncategorized
Comments Off on How are your clients funding their purchases? Pulse

This week, we’re wondering: How are your clients funding their purchases, especially in the face of higher home prices and interest rates? Continue reading →