Tag Archives: mortgage

Rocket scores another deal to provide home loans through banks

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Lenders can integrate Rocket Mortgage’s digital mortgage application into an online banking platform developed by Q2 Holdings Inc. Continue reading →

Zillow Home Loans continues its unprofitable run: Mike DelPrete

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The mortgage industry is getting hammered this year, with declining leads, loan volumes, and revenue. Expert Mike DelPrete says Zillow faces the same reality, as the latest reports on their mortgage offering show that it continues to be unprofitable Continue reading →

Loan applications for home purchases continue 6-week slip

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Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Continue reading →

Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

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Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading →

What’s your top tech hack? Pulse

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This week, we’re asking: What top tech hack do you pride yourself on knowing, whether you learned it in a CE class or on your own? Continue reading →

Homebuyer activity shows pulse as mortgage rates dip below 5%

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Redfin’s Homebuyer Demand Index rose 7 points during the last week of July, while mortgage purchase applications rose for the first time in five weeks, according to new data released Monday. Continue reading →

Opendoor is in $62M worth of legal trouble: The Real Word

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This week, Byron Lazine discusses Opendoor’s recent $62 million settlement of its legal troubles with the FTC plus a flawed study of DOM. Continue reading →

Santander Bank sends homebuyers to Rocket Mortgage for loans

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The bank’s website is set up to funnel homebuyers to RocketMortgage.com, where Santander customers are informed they’re eligible for special loan pricing and a savings of $500 at closing. Continue reading →

Rocket stays profitable by a hair in Q2 after cutting $300M in expenses

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In addition to shedding workers, the parent company of the nation’s biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal, according to an earnings report Thursday. Continue reading →

New twists on home lending create opportunities for agents

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As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas. Continue reading →