Fathom’s Verus Title subsidiary acquires LW Traveling Title

Fathom Holdings beefs up title coverage in three states with “strategic addition” to geographic footprint, acquiring nine-person title agency with offices in Utah, Colorado and Virginia. Continue reading

Homebuyers jump at lower mortgage rates, but will they last?

Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week as investors weigh the odds of Fed rate cuts. Continue reading

Knock integrating bridge loans into partners’ prequal processes

NFM Lending is the first to take advantage of Knock API integrations, which let loan officers know if homebuyers can tap the equity in their existing home and buy before they sell. Continue reading

Your insights matter: Take the Inman Intel Index survey for June

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry’s most engaged community. Add your voice to real estate’s most ambitious monthly survey today. Continue reading

Are renters beating the system with Bilt Mastercard rewards card?

Card issuer Wells Fargo is losing as much as $10 million a month as it eats interchange fees for users who are paying off balances after paying their rent, “The Wall Street Journal” reports. Continue reading

Harness a modern pricing engine to maximize efficiency and ROI

CEO Dawar Alimi writes that choosing a modern and advanced pricing engine can unlock new opportunities for growth, profitability and success in an increasingly competitive landscape. Continue reading

Mortgage rates have more room to fall on 2 new economic reports

Key Fed inflation metric expected to drop June 28 following unexpected decline in May wholesale prices and jump in jobless claims to highest level since August 2023. Continue reading

Fed cool on rate cuts despite encouraging May inflation report

Policymakers now envision making just one rate cut this year, but investors who fund most mortgages are still betting the central bank will change its tune if inflation continues to ease. Continue reading