Tag Archives: mortgage

Mortgage is the new money pit for portals: Mike DelPrete

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Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Continue reading →

‘Big four’ title insurers take market share from independents

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As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Continue reading →

WEST adopts name of flagship product MyHome in rebrand

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Williston Financial Group subsidiary Williston Enterprise Solutions and Technology establishes an independent identity for MyHome collaboration platform it launched in 2015. Continue reading →

Fannie Mae looks to affordable housing nonprofit for next CEO

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Former JP Morgan Chase Director Priscilla Almodovar leads Enterprise Community Partners, which has business ties to the mortgage giant. Continue reading →

RE/MAX’s Motto Mortgage named a top ‘recession-proof’ opportunity

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As lenders pivot to serve homebuyers, RE/MAX franchisor’s “mortgage brokerage-in-a-box” also makes a separate list of top franchise opportunities for Black entrepreneurs. Continue reading →

Mortgage rates haven’t been this chaotic since Black Monday: Study

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A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since. Continue reading →

Snapdocs integrations with Byte, BeSmartee will automate closings

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American Bancshares is among the first lenders to make the most of the new integration with BeSmartee to provide digital closing documents and collect eSignatures. Continue reading →

CMS seeks to set ‘gold standard’ in mortgage origination technology

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With backing from Canadian software giant Constellation Real Estate Group, Constellation Mortgage Solutions will debut its new NOVA loan origination solution at the MBA annual conference. Continue reading →

US housing markets considered ‘overvalued’ quadrupled in 2022

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Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial Corp. Continue reading →

Opendoor expands rapid preapproval app to 3 new states

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Once only available in California, the expansion will see the Opendoor Finance App available in Texas, Arizona and Georgia, promising consumers preapproval letters in 60 seconds or less. Continue reading →