Rocket Mortgage’s profits slip in Q3 as it pivots to lending to homebuyers

Rocket Mortgage is targeting homebuyers more aggressively in marketing campaigns designed to bring consumers directly to its website. Continue reading

Agents schooled on alternative financing, lending and mortgages

Real estate agents attending Inman Connect Las Vegas got tips on partnering with lenders and alternative financing providers to land more clients and overcome obstacles. Continue reading

Fannie, Freddie loan limits set for record 50-year leap in 2022

Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading

Are 15-minute mortgage loan approvals the future?

United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage loan approval in minutes. Continue reading

United Wholesale Mortgage to launch in-house appraisal capability

The service, UWM Appraisal Direct, is optional and mortgage brokers will still have the option to choose from roughly 100 UWM-approved appraisal management companies. Continue reading

United Wholesale Mortgage purchase loan business up 288%

UWM CEO Mat Ishbia emphasized the dramatic growth in purchase loan volume, saying the company’s relationships with mortgage brokers will help it stay profitable as mortgage rates increase and refinancings dry up. Continue reading

RE/MAX’s Motto Mortgage up and running in 38 states

Ever since real estate franchising powerhouse RE/MAX decided to apply the company’s expertise to the provision of home loans, its Motto Mortgage business has been capitalizing on its status as the only national franchisor in the mortgage broker channel. Continue reading

The Inman Handbook on real estate’s biggest rivalries

Compass versus Realogy. Keller Williams versus eXp. REX versus everyone. The real estate industry is full of big names and big feuds, and Inman’s unpacking all of them. Continue reading