Tag Archives: mortgage

Lender slapped with $1.75M fine for bungling demographic data

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Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Continue reading →

Best of both worlds? Notarize launches ‘hybrid’ closings for lenders

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The service is exactly what it sounds like, with consumers able to sign some documents online while still wrapping things up in the traditional way at their lender’s office. Continue reading →

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

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Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading →

Helping buyers find a home for the fam? Share these 7 tips

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If you’re working with a buyer who’s in the market for a new house — whether it’s a starter home or their forever home — and has long-term plans to start a family, there are a few recommendations you should make to ensure that they make a smart decisio… Continue reading →

Redfin: Warren’s debt cancellation plan would help Millennial homebuyers

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Senator Elizabeth Warren’s student debt plan could have major repercussions for the housing industry, according to a new study from real estate brokerage Redfin.  Continue reading →

Why the money pouring into real estate tech is ‘stupid’

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In a wide-ranging interview, Patrick Stone, founder of the Williston Financial Group, shares his thoughts on real estate technology and his previous life as an oyster diver. Continue reading →

Wells Fargo hires mortgage tech chief from JP Morgan

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Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading →

Why is it so hard to make the transaction seamless?

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Brad Inman had two words for the discussion group that I was part of at Disconnect 2019. “Think bigger,” he told us. The group included leaders from all over the real estate industry, and Endpoint facilitated the discussion. Our particular challenge wa… Continue reading →

Nearly 1B mortgage docs accessible by First American security flaw

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Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading →