ReferralExchange will now qualify your third-party leads

ReferralExchange is launching a program called ReferralExchange LIVE to verify and qualify contacts obtained through third-party lead generation platforms like Zillow or realtor.com. Continue reading

Blend names former Fannie Mae chief executive as first president

Blend, the digital mortgage application startup, has named former Fannie Mae chief executive Timothy Mayopoulos as its new president, the company announced. Continue reading

Homesnap will pay monthly mortgage of 10 federal workers

Home listings portal Homesnap is offering to pay the mortgage or rent of 10 workers affected by the now 31-day long partial shutdown of the federal government. Continue reading

The shutdown is tripping up real estate deals across the country

With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading

Howard Hanna lets buyers shop with pre-locked mortgage rate

The program stands in stark contrast to the way most loans work, which typically require a borrower to have a contract already in place before they can lock an interest rate. Continue reading

Borrowers are turning to digital lenders — and abandoning banks

Americans are increasingly forgoing traditional banks when taking out home loans, pushing mortgage revenue down for big name lenders but offering a boon to unconventional, tech-enabled companies. Continue reading

Shutdown prompts Fannie Mae to tweak lender requirements

As the government shutdown drags on with no end in sight, Fannie Mae is tweaking its lending requirements to accommodate people who aren’t currently getting paychecks and whose bosses aren’t around to confirm their employment. Continue reading

Government raises fines for RESPA violations

The Consumer Financial Protection Bureau (CFPB) is raising the price of its fines to adjust for inflation, including penalties for violations of the Real Estate Settlement Procedures Act (RESPA). The new fine amounts became law when they were entered i… Continue reading

Is BNTouch the CRM agent-mortgage teams need?

This software platform for mortgage brokers to find, nurture and close loans can benefit real estate agents too. Continue reading