Author Archives: Matt Carter

Economists predict big slowdown in home price appreciation

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As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford and prices are already coming down in some markets Continue reading →

Eyeing next refi boom, lenders plan to maintain or grow payrolls

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Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall. Continue reading →

Sagent hires Mr. Cooper vet Jaime Gow to grow new servicing platform

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In what’s shaping up to be transformational year for the company, Sagent has revamped its leadership and launched Dara platform to handle every phase of mortgage loan servicing. Continue reading →

The analyst who predicted a 30% fall in commissions has more to say

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Veteran KBW analyst Ryan Tomasello will be talking about the “watershed moment” that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas. Continue reading →

Tech enables instant mortgage payments with a debit card

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Payment processing technology developed by REPAY is now available to loan servicers through ICE Mortgage Technology’s Servicing Digital solution, a customer engagement and retention tool. Continue reading →

Regulators modernizing giant database of mortgage pros

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Launched in the midst of the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System & Registry (NMLS) is scheduled to be updated this weekend as part of a long-term modernization project. Continue reading →

Aven lands $142M in funding to take HELOC credit card nationwide

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Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with a funding round led by Khosla Ventures. Continue reading →

Big drop in mortgage rates fuels refis, but homebuyers unmoved

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One issue for would-be homebuyers seeking jumbo mortgages is that rates haven’t come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie Mae and Freddie Mac. Continue reading →

Zavvie’s power buyer suite for mortgage lenders is catching on

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More than 7,500 loan officers in all 50 states and Washington, D.C., have access to cash offers that can be approved in as little as an hour, with NEO Home Loans and American Financial Network among the biggest partners. Continue reading →