EXp, Kind Lending team up to launch new mortgage platform

The new platform is called SUCCESS Lending and will offer loans to consumers working with eXp Realty agents. Continue reading

Digital closing firm Doma sees agents as key area for growth

Doma, which plans to go public this month on the strength of its digital title insurance, escrow and closing platform, is intent on growing its business with real estate agents. Continue reading

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading

Mortgage boom for second homes takes hit amid new lending rules

New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading

Morty will expand nationwide with $25M in new funding

Morty, an online mortgage marketplace that’s focused on serving homebuyers, has closed a $25 million Series B financing round that will allow it to beef up its hiring, marketing, and product development, and bring its services to homebuyers nationwide … Continue reading

Compass is launching its own mortgage company, OriginPoint

OriginPoint will provide origination services to consumers in select Compass markets by the end of 2021, marking the brokerage’s latest move toward an end-to-end transaction. Continue reading

Delinquency rate hits lowest level seen in a year: CoreLogic

According to property analytics provider CoreLogic, 4.7 percent of mortgages in the U.S. were in some state of delinquency in April. Continue reading

Rising home prices boost demand for jumbo mortgages

Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading