Canada tightening mortgage standards as home prices soar

Canada is tightening standards for mortgages over worries about rising home prices, with the Greater Toronto Area, Hamilton and Montréal markets particular causes for concern. Continue reading

The Inman Handbook on real estate’s biggest rivalries

Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking all of them. Continue reading

National delinquency rate dipped below 5% in April

The national delinquency rate dipped below 5 percent in April, although nearly 1.8 million homeowners were at least 90 days behind on their mortgage payments, an increase of 1.3 million compared to before the pandemic. Continue reading

Woman files complaint alleging discrimination in home appraisals

The valuations of an Indianapolis property owned by Carlette Duffy’s, a Black woman, more than doubled when she removed anything from her home identifying her race. Continue reading

Watchdog group asks FTC to review Quicken Loans mortgage ads

The National Advertising Division of BBB National Programs takes issues with promises by Quicken Loans that “No Registration, No Login” is required in company advertisements “encouraging consumers to refinance their mortgage and learn more about its lo… Continue reading

Inflation, rate increases pose risks to housing market, Fannie Mae says

In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading

Doma adds Wells Fargo as a client as it prepares to go public

Doma offers “instant underwriting” of title insurance for mortgage refinancing, along with remote and digital closing and escrow services for all types of mortgages. Continue reading

Knock builds executive team as it prepares to go public

The ‘Home Swap’ provider is aiming to boost headcount by 5X this year, with an eye toward expanding into 100 markets by 2023. Continue reading