The round, led by existing investor Aquiline Technology Growth, will allow Flueid to add more integrations to its verification of title solutions suite and refine its purchase solution. Continue reading
Artificial Intelligence could make lending more efficient, though the most radical developments may still be decades away, two tech leaders said Wednesday at Inman Connect Las Vegas. Continue reading
At a time when demand for loans has shriveled, Polygon Research CEO Val Buresch argued at Inman Connect Las Vegas on Wednesday that open communication will help people take action. Continue reading
Loan officers and assistance programs are just 2 ways to close the knowledge gap, Zillow Senior Economist Orphe Divounguy and Rocket President Tim Birkmeier said Wednesday at Connect. Continue reading
Demand for purchase mortgages fell for a fourth consecutive week last week as rates continued to climb and inventories of homes for sale remained scarce, an MBA lender survey showed. Continue reading
United Wholesale Mortgage, the nation’s largest lender, also raised refinancing volume by 23 percent after being hammered by higher interest rates, according to Q2 earnings released Wednesday. Continue reading
At $4.55 billion, loanDepot’s Q2 purchase loan originations were up 30 percent from the first quarter, but down 52 percent from a year ago. Continue reading
“Significant progress” in Federal Trade Commission negotiations have been reported since Black Knight’s Empower loan origination system and Optimal Blue division were cut from the deal. Continue reading
The Detroit-based mortgage giant returned to profitability during the spring homebuying season by slashing costs and boosting its market share in the face of severe inventory shortages. Continue reading
A rising tide of economists are backing away from early forecasts that the U.S. is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead. Continue reading