Tag Archives: mortgage

Cash offer startup Accept.inc raises $90M in funding round

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The fintech mortgage lender plans to use the funds to scale the company’s platform, double its team and expand into new markets. Continue reading →

Refinancing is easier than dieting, harder than training a dog: Survey

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In a new Zillow survey, homeowners ranked refinancing as easier than divorce or following a strict diet, but “significantly tougher” than training a puppy. Continue reading →

New leadership expected at Fannie and Freddie’s federal regulator

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Fannie Mae and Freddie Mac’s federal regulator will soon have a new director, after a Supreme Court ruling that expands the president’s power to remove the head of the Federal Federal Housing Finance Agency without cause. Continue reading →

Home finance startup Lower lands $100M in Series A funding

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Lower will use the funds to expand its product line and accelerate its growth. The company’s website currently lists more than two dozen employment opportunities. Continue reading →

Purchase loan demand up again, bucking increase in mortgage rates

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Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in a month, according to a weekly survey by the Mortgage Bankers Association. Continue reading →

Spike in refis led last year’s home-lending boom, new data shows

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Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom. Continue reading →

Paying rent with a credit card touted as ‘path to homeownership’

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Kairos, the company behind the Bilt Mastercard, says it’s partnering with landlords to help provide “every young person a path to homeownership” by allowing them pay their monthly rent with the card, and apply the points they earn to a down payment on … Continue reading →

‘Homebodies’ hampering housing market potential by not selling

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“Homebodies” — homeowners who don’t want to give up their rock-bottom mortgage rates and seniors choosing to age in place — are keeping home sales from reaching their full potential, according to an analysis by First American Financial Corp. Continue reading →

With foreclosures on horizon, RES.NET revamps REO portal

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With a potential surge in home foreclosures on the horizon, RES.NET, a technology platform provider for loan default management, says it’s revamped its real-estate owned portal to support growth and scalability. Continue reading →