Power Buyer Orchard now serving first-time homebuyers

After piloting cash-offer product in Texas and Colorado, company plans to offer Buy With Orchard in all of its markets in the months ahead. Continue reading

Guild Mortgage rolls out cash offer program in 11 states, more to join

Guild’s CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy. Continue reading

Opendoor’s growth has ‘materially accelerated’: DelPrete

Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading

Polly integrated with all 6 primary mortgage insurers

The ability to retrieve quotes from private mortgage insurers helps borrowers assess their options and streamlines the mortgage insurance process for lenders. Continue reading

Redfin economist: The Fed can change its mind

While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading

Blend Labs sees Q1 loss soar by 167% as rising rates curb refis

Blend’s net loss for the quarter — up 167 percent from a year ago — came despite a 124 percent year-over-year increase in revenue, to $71.5 million, according to an earnings call on Thursday. Continue reading

As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020

Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday. Continue reading