Agents in nine new U.S markets are eligible to become Knock-certified as the rapidly growing mortgage proptech will begin offering its Home Swap to more cities in Arizona, Florida, Minnesota, Tennessee and Texas. Continue reading
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading
The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low- and very low-income borrowers, up from 30 percent today. Continue reading
Fannie and Freddie will use new price-based qualified mortgage rule for loans with settlement dates after Aug. 31. Continue reading
“Home search is ripe for innovation and implementation by lenders for securing more purchase business,” said Homebot CEO Ernie Graham. Continue reading
UWM CEO Mat Ishbia emphasized the dramatic growth in purchase loan volume, saying the company’s relationships with mortgage brokers will help it stay profitable as mortgage rates increase and refinancings dry up. Continue reading
Steering homebuyers through a competitive, low inventory market can be difficult. Even the most experienced real estate agent can have a hard time helping their clients through a tight housing market. From bidding wars to high asking prices, set expect… Continue reading
San Francisco-based Divvy Homes buys homes on behalf of clients, who contribute 1 to 2 percent of the homes value toward their down payment savings while they rent. Continue reading
Rocket Mortgage posted its best quarter ever for purchase loan originations during the 3 months ending June 30. Continue reading
Taking a page from the playbook of a fintech upstart, the nation’s largest title insurance underwriter is making an automated title decision engine available to title agents. Continue reading