Tag Archives: mortgage

Ocrolus will help Blend automate mortgage doc processing

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Cloud banking software provider Blend is turning to automation platform Ocrolus to help it classify documents and capture data submitted with mortgage applications. Continue reading →

Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

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Rocket Mortgage is targeting homebuyers more aggressively in marketing campaigns designed to bring consumers directly to its website. Continue reading →

Opendoor acquires digital mortgage company

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San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer’s lending services. Continue reading →

Rise in mortgage rates sees hiccup — but don’t expect it to last

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The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Continue reading →

New digital tools helped lift Fidelity National Financial’s 3Q earnings

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The nation’s largest title insurer, which launched its inHere platform in December, saw third-quarter adjusted net earnings grow 39 percent from a year ago, to $604 million. Continue reading →

Black buyers twice as likely to be denied mortgages due to low appraisals

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Black homebuyers are are more likely to be denied a mortgage due to low appraisals while appraisers seemed to value homes higher if the applicant matched the neighborhood’s racial makeup, Illinois Realtors study finds. Continue reading →

All gas, no brakes: Knock speeds into Detroit en route to 75 markets

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As of Thursday, Knock’s Home Swap and Knock GO, its “same-as-cash” mortgage product, will be offered to consumers in the Detroit, Ann Arbor and Flint through its network of partner agents. Continue reading →

LoanDepot building purchase loan business as rising rates stunt refis

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Joint ventures with homebuilders and referral relationships with real estate agents are helping fuel loanDepot’s partner channel. Continue reading →