Matt Carter – Page 125 – Need Benjamins

How (and why) loanDepot is courting homebuilders now

By Matt Carter | April 30, 2021 - 1:56 pm |April 30, 2021 Uncategorized

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LoanDepot has formed three joint ventures with builders in just over four months. Continue reading →

AI-powered mortgage processing: 27 options besides Google

By Matt Carter | April 28, 2021 - 9:36 pm |April 28, 2021 Uncategorized

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Google Cloud may be making waves in the world of intelligent document processing with the rollout of a purpose-built solution for the mortgage industry, Lending DocAI, but there are at least 27 technology vendors competing in the space. Continue reading →

Fed maintains commitment to not raising interest rates

By Matt Carter | April 28, 2021 - 8:06 pm |April 28, 2021 Uncategorized

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The Federal Reserve restated its intent to keeping a lid on interest rates, saying the pandemic “continues to weigh on the economy, and risks to the economic outlook remain.” Continue reading →

Lawsuit accuses United Wholesale Mortgage of antitrust violations

By Matt Carter | April 28, 2021 - 2:27 pm |April 28, 2021 Uncategorized

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A Florida mortgage broker alleges UWM is violating the law by refusing to do business with brokers who send loan applications to Rocket Mortgage or Fairway Independent Mortgage. Continue reading →

Citi pledges to serve more minority homebuyers

By Matt Carter | April 27, 2021 - 7:38 pm |April 27, 2021 Uncategorized

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The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading →

Nation’s largest thrift acquires top 20 mortgage lender

By Matt Carter | April 26, 2021 - 10:40 pm |April 26, 2021 Uncategorized

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Flagstar Bancorp Inc., a top 20 mortgage lender that does business nationwide, is merging with the nation’s largest thrift, New York Community Bancorp Inc., in a $2.6 billion deal will give the combined company nearly 400 branches in nine states. Continue reading →

Ocwen is doubling down on PHH Mortgage’s loan originations

By Matt Carter | April 26, 2021 - 3:10 pm |April 26, 2021 Uncategorized

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Acquisition of Texas Capital Bank’s correspondent lending business is expected to double the channel’s volume for PHH Mortgage. Continue reading →

Google rolls out AI platform for mortgage lenders

By Matt Carter | April 21, 2021 - 6:28 pm |April 21, 2021 Uncategorized

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Google Cloud rolled out Lending DocAI in preview mode last fall with Roostify, a provider of digital mortgage solutions to lenders, on board as a strategic partner. Continue reading →

HomeBinder attracts investment from SimpleNexus founder

By Matt Carter | April 20, 2021 - 5:38 pm |April 20, 2021 Uncategorized

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Matt Hansen and venture capital firm SixThirty take $1.6 million stake in the home management platform. Continue reading →

Top brokers reveal how they’re coping with tight inventory

By Matt Carter | April 20, 2021 - 4:33 pm |April 20, 2021 Uncategorized

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At Connect Now, brokers from around the country shared advice on keeping buyers motivated and sellers focused, surfacing new listings and accomplishing your goals without compromising your values. Continue reading →

Author Archives: Matt Carter

How (and why) loanDepot is courting homebuilders now

AI-powered mortgage processing: 27 options besides Google

Fed maintains commitment to not raising interest rates

Lawsuit accuses United Wholesale Mortgage of antitrust violations

Citi pledges to serve more minority homebuyers

Nation’s largest thrift acquires top 20 mortgage lender

Ocwen is doubling down on PHH Mortgage’s loan originations

Google rolls out AI platform for mortgage lenders

HomeBinder attracts investment from SimpleNexus founder

Top brokers reveal how they’re coping with tight inventory

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