Tag Archives: mortgage

Mortgage applications surged last week but rates are climbing again

By | | Uncategorized
Comments Off on Mortgage applications surged last week but rates are climbing again

Applications for purchase mortgages rose 5 percent last week, but a strong jobs report and ongoing bank instability are pushing mortgage rates back up. Continue reading →

How to answer buyers’ top 10 most-asked mortgage questions

By | | Uncategorized
Comments Off on How to answer buyers’ top 10 most-asked mortgage questions

Agents should be prepared to answer their buyer’s mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area. Continue reading →

Blend trims Q1 loss as $37.3M in revenue beats guidance

By | | Uncategorized
Comments Off on Blend trims Q1 loss as $37.3M in revenue beats guidance

While the mortgage industry has been shrinking, Blend says it has been building its market share, processing 23.2 percent of mortgages originated in H2 2022. Continue reading →

Big Purple Dot launches recruiting tool for mortgage lenders

By | | Uncategorized
Comments Off on Big Purple Dot launches recruiting tool for mortgage lenders

BPD Recruit taps CoreLogic data to let lenders see who their competitors’ most productive loan officers are, then automates the process of luring them away. Continue reading →

Ocrolus taps OpenAI to sift more mortgage apps — without humans

By | | Uncategorized
Comments Off on Ocrolus taps OpenAI to sift more mortgage apps — without humans

The document automator’s analysis of borrower-supplied mortgage documentation provides “full-stack capabilities,” helping lenders capture data fields, detect fraud and analyze cash flows. Continue reading →

WATCH: UWM CEO Mat Ishbia gets shoved by 7-footer at NBA game

By | | Uncategorized
Comments Off on WATCH: UWM CEO Mat Ishbia gets shoved by 7-footer at NBA game

Ishbia, majority owner of the Phoenix Suns, was knocked over by Nuggets’ star Nikola Jokic in a play that headed his way, for which he was given a technical foul. Continue reading →

EasyKnock acquires Ribbon in bid to launch national marketplace

By | | Uncategorized
Comments Off on EasyKnock acquires Ribbon in bid to launch national marketplace

The sale-leaseback platform plans to launch a marketplace later this year designed to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively. Continue reading →

Ongoing doubts about soundness of regional banks rattle investors

By | | Uncategorized
Comments Off on Ongoing doubts about soundness of regional banks rattle investors

Shares in regional banks PacWest Bancorp and Western Alliance Bancorp tumble, and TD Bank Group and First Horizon announce they’re calling off their merger. Continue reading →

Fed signals it may be done raising rates, but Powell won’t talk pivot

By | | Uncategorized
Comments Off on Fed signals it may be done raising rates, but Powell won’t talk pivot

Bank failures and potential debt ceiling showdown are wildcards for Fed policymakers weighing their next move as the threat of recession looms. Continue reading →