Tag Archives: mortgage

Half a million homeowners got current on their mortgage in March

By Kelsey Ramírez | April 22, 2021 - 4:00 am |April 22, 2021 Uncategorized

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As the economy improved, tax returns came in and homeowners received stimulus payments, the mortgage delinquency rate dropped, according to Black Knight. Continue reading →

Don’t @ me: @properties sues @mortgage, alleges ‘free riding’ on brand

By Andrea V. Brambila | April 21, 2021 - 8:46 pm |April 21, 2021 Uncategorized

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Alleging “free riding” on brand, real estate brokerage @properties seeks injunction and payment of profits gained through alleged “unlawful conduct” against digital mortgage rival. Continue reading →

Google rolls out AI platform for mortgage lenders

By Matt Carter | April 21, 2021 - 6:28 pm |April 21, 2021 Uncategorized

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Google Cloud rolled out Lending DocAI in preview mode last fall with Roostify, a provider of digital mortgage solutions to lenders, on board as a strategic partner. Continue reading →

FHFA extends COVID lending flexibilities for final time

By Kelsey Ramírez | April 21, 2021 - 3:39 pm |April 21, 2021 Uncategorized

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The Federal Housing Finance Agency announced on Wednesday it will retire flexibilities after this final extension due to low usage. Continue reading →

Interest rate drop drives sudden surge in housing activity

By Kelsey Ramírez | April 21, 2021 - 2:03 pm |April 21, 2021 Uncategorized

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Mortgage applications increased 8.6 percent on a seasonally adjusted basis for the week ending April 16, 2021, according to the Mortgage Bankers Association. Continue reading →

Mortgage fintech firm FirstClose acquires HomeScout

By Kelsey Ramírez | April 20, 2021 - 8:09 pm |April 20, 2021 Uncategorized

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The company hopes to transform real estate engagement for the consumer and industry professionals by creating a one-stop solution for finding loan officers and real estate agents. Continue reading →

Digital mortgage startup Better debuts services in 3 more states

By Andrea V. Brambila | April 20, 2021 - 7:50 pm |April 20, 2021 Uncategorized

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The company has funded over $40 billion in home loans since it launched in 2016 — nearly all of it since the beginning of 2020. Continue reading →

CFPB reportedly investigating several mortgage servicers

By Kelsey Ramírez | April 20, 2021 - 5:21 pm |April 20, 2021 Uncategorized

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After months of warning of a crackdown, the CFPB has started probes into several mortgage servicers, people familiar with the matter say. Continue reading →

The 3 biggest alternative financing methods disrupting real estate

By Kelsey Ramírez | April 20, 2021 - 3:52 pm |April 20, 2021 Uncategorized

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In a Connect Now session, Clelia Peters shared what agents need to know about the major players in transaction facilitation, mortgage alternatives and home equity access. Continue reading →

Forbearance rate drops for seventh week in a row

By Matt Carter | April 19, 2021 - 11:24 pm |April 19, 2021 Uncategorized

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At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading →