Tag Archives: mortgage

Rocket Homes app puts listings on your car’s infotainment screen

By | | Uncategorized
Comments Off on Rocket Homes app puts listings on your car’s infotainment screen

Integration with Apple CarPlay turns the commute “into an exciting and natural part of the homebuying journey” — unless you drive a Tesla. Continue reading →

Automating verifications lets loanDepot OK loans in minutes

By | | Uncategorized
Comments Off on Automating verifications lets loanDepot OK loans in minutes

After months of beta testing, the melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance. Continue reading →

Homebuyer sentiment tallies record low amid falling rates

By | | Uncategorized
Comments Off on Homebuyer sentiment tallies record low amid falling rates

Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading →

How low can they go? Mortgage rates back under 7% this week

By | | Uncategorized
Comments Off on How low can they go? Mortgage rates back under 7% this week

Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam. Continue reading →

Black Knight awarded $155.2M in PennyMac trade secrets lawsuit

By | | Uncategorized
Comments Off on Black Knight awarded $155.2M in PennyMac trade secrets lawsuit

PennyMac is putting a positive spin on the arbitrator’s ruling, saying the decision allows it to continue to use the disputed loan servicing software “free and clear of any restrictions.” Continue reading →

Lone Wolf invites mortgage lenders onto its broker-agent tech platform

By | | Uncategorized
Comments Off on Lone Wolf invites mortgage lenders onto its broker-agent tech platform

Better is the first lender to take advantage of the opportunity to generate prequalification letters for homebuyers through integration with Lone Wolf’s transaction management solution, Transactions. Continue reading →

80% of first-time homeowners say they’ll need a gift to buy again: Poll

By | | Uncategorized
Comments Off on 80% of first-time homeowners say they’ll need a gift to buy again: Poll

Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman. Continue reading →

Fed Chair Powell’s attempt to deflate rate-cut expectations flops

By | | Uncategorized
Comments Off on Fed Chair Powell’s attempt to deflate rate-cut expectations flops

Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy. Continue reading →

Title insurer Fidelity restoring operations after security incident

By | | Uncategorized
Comments Off on Title insurer Fidelity restoring operations after security incident

The nation’s largest title insurer won’t say whether it was the target of a ransomware attack, sparking speculation that it paid a ransom to hackers exploiting Citrix Bleed software vulnerability. Continue reading →