SoFi founder’s new startup launches 5-minute approvals for home equity loans

Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations. Continue reading

Can this app reduce escrow to 10 days for homebuyers?

LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals. Continue reading

3 ways real estate agents can help renters become homeowners

Here’s how three real estate agents in three distinct markets — New York City, Chicago and Fargo — are helping renters make their dreams come true. Continue reading

Redfin Mortgage launches in Colorado, its 10th market

Redfin Mortgage, the home lending arm of the Seattle-based real estate brokerage, officially launched today in Colorado. Continue reading

Fair lending policy director faces accusations of racism in blog post

A high-ranking policy director at the Consumer Financial Protection Bureau (CFPB) responsible for overseeing fair lending practices is under fire for a racially charged blog post. Continue reading

Uh-oh: high-risk home loans are on the rise again

Now that these buyers have relatively easy access to credit (albeit high-risk) they’re snapping up homes at the lowest price tier and driving up home prices… Continue reading

How mergers, money and machines are reshaping real estate

The real estate industry is a space ripe for change and disruption — from the way homes are bought and sold, to how people are paying and who’s doing that buying and selling. With change happening at such a torrid pace, it’s often hard to keep up, so w… Continue reading

The government is cracking down on reverse mortgages

Homeowners looking for a reverse mortgage may have to undergo a second appraisal in certain circumstances, thanks to new guidance from the Federal Housing Administration (FHA). Continue reading