Tag Archives: mortgage

What lenders are doing to fend off disruption

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It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing? Continue reading →

Ribbon now backs home sales with cash at no cost to buyers

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Ribbon, which describes itself as a credit card-like tool for making cash offers on houses, announced it will offer its services free to homebuyers. Continue reading →

Why the housing market will stay strong through 2021

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Against a background of “phenomenal demographics” and an end of rising mortgage rates, the Mortgage Banking Association expects the housing market to remain strong for “at least the next five years” — and maybe even longer. Continue reading →

Rising interest rates cost homeowners an extra $1,416 per year

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According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year. Continue reading →

Federal agency launches program to help limited-English speakers

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The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading →

Total Expert raises $20M, plans expansion into insurance, wealth management

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Total Expert provides marketing software for banks, enabling them to monitor and react to consumer behavior online, find and engage new leads around mortgages and other types of loans, and automate communication exchanges while meeting compliance. Continue reading →

Student loan marketplace Credible.com jumps into mortgage industry

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Credible.com CEO Stephen Dash explains how he plans to revolutionize the mortgage refinance industry by putting the consumer experience first. Continue reading →

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

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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 →