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
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
A growing number of companies facilitate electronic payment of earnest money and commissions through the ACH network. Continue reading
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
The $250 million deal also provides access to customer base of more than 850 banks, credit unions and mortgage brokerages. Continue reading
Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Continue reading
Mortgage lenders continued to ease underwriting standards in April, but only for borrowers who were refinancing. For both homebuyers and homeowners seeking to refinance, credit still remains tighter than before the pandemic, which helped pushed average… Continue reading
Demand for purchase mortgages was up a seasonally adjusted 2 percent from the week before but down slightly from a year ago. Continue reading
The deal to acquire Cloudvirga is the second big deal in six months for the Houston-based provider of real estate information, title insurance and transaction management services. Continue reading
Snapdocs has raised $150 million in a series D funding round. The platform is now used by more than 130,000 mortgage professionals a day, touching nearly 20 percent of U.S. real estate transactions. Continue reading