First American bets big on next-generation proptech investments 

The nation’s second-largest title insurer has invested in 16 venture-funded companies valued at $669 million after gains on Offerpad, Orchard, Sundae and Pacaso. Continue reading

Rates for 30-year mortgages reach highest point since early spring

Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading

‘Power buyer’ UpEquity raises $50M in series B funding round

Austin-based lender says its technology enables homebuyers to make all-cash offers and close a mortgage in 18 days on average. Continue reading

Homebuyer demand sags as mortgage rates continue to rise

With the Federal Reserve expected to begin tapering its purchases of mortgage-backed securities as soon as November, market forces are pushing mortgage rates higher.  Continue reading

September sees new upturn in demand for second homes

More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading

Truework authorized by Fannie Mae to help speed up loan approvals

Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers. Continue reading

First American doubles down on Endpoint with $150M in funding

Digital title and settlement services provider is looking to fill nearly 80 job openings in departments including finance and sales. Continue reading

What the US climate-risk review means for FHA, VA loans and more

Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading