Author Archives: Matt Carter

Knock CEO Sean Black sees a ‘transaction revolution’ on horizon

By Matt Carter | June 10, 2021 - 2:38 pm |June 10, 2021 Uncategorized

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Ahead of his speaking engagement at Inman Connect next week, Knock CEO Sean Black dished on the tech trends he expects to accelerate this year. Continue reading →

Mortgage applications slump as demand for refinancing wanes

By Matt Carter | June 9, 2021 - 11:00 am |June 9, 2021 Uncategorized

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Demand for mortgages slipped last week as requests to refinance slowed, outweighing the impact of a slight increase in purchase loan applications. Continue reading →

Exchange now helps financial advisors find clients a mortgage

By Matt Carter | June 8, 2021 - 8:51 pm |June 8, 2021 Uncategorized

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Financial advisors should be experts not just on investing but borrowing, and real estate financing is likely to be their clients’ greatest need, the Envestment Credit Exchange’s backers say. Continue reading →

Inventory shortage sends home prices soaring at record rate

By Matt Carter | June 7, 2021 - 7:58 pm |June 7, 2021 Uncategorized

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Black Knight’s latest Mortgage Monitor Report recorded “the highest annual home price growth rate we’ve ever seen” in records going back nearly 30 years. Continue reading →

Despite challenges, Americans would still rather buy than rent

By Matt Carter | June 7, 2021 - 12:30 pm |June 7, 2021 Uncategorized

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Share of consumers who say they’d buy a home if they moved hits all-time high of 72 percent, according to Fannie Mae’s National Housing Survey. Continue reading →

LoanDepot forms joint venture with Farm Bureau Bank

By Matt Carter | June 4, 2021 - 5:55 pm |June 4, 2021 Uncategorized

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As lenders pivot from refinancings to purchase loans, loanDepot builds on its track record of partnering with homebuilders. Continue reading →

Mortgage rates stay tantalizingly low as buyers compete for homes

By Matt Carter | June 3, 2021 - 4:20 pm |June 3, 2021 Uncategorized

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Many potential homebuyers would like to take advantage of low mortgage rates, but competition is strong. For homeowners, continued low rates make refinancing an option worth considering. Continue reading →

Demand for mortgages lowest since before the pandemic

By Matt Carter | June 2, 2021 - 4:05 pm |June 2, 2021 Uncategorized

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After adjusting for seasonal patterns, requests for purchase loans were down 3 percent from the week before, and 2 percent from a year ago. Continue reading →

DepositLink to enable electronic payments for 1,400 NY agents

By Matt Carter | June 1, 2021 - 7:43 pm |June 1, 2021 Uncategorized

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A growing number of companies facilitate electronic payment of earnest money and commissions through the ACH network. Continue reading →

Fannie, Freddie filling openings left by departures of top executives

By Matt Carter | June 1, 2021 - 1:37 pm |June 1, 2021 Uncategorized

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The mortgage giants are continuing to fill openings left by top executives who departed in the wake of the November elections, which sidetracked plans to privatize the companies. Continue reading →