Author Archives: Matt Carter

‘Big four’ title insurers take market share from independents

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As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Continue reading →

WEST adopts name of flagship product MyHome in rebrand

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Williston Financial Group subsidiary Williston Enterprise Solutions and Technology establishes an independent identity for MyHome collaboration platform it launched in 2015. Continue reading →

Fannie Mae looks to affordable housing nonprofit for next CEO

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Former JP Morgan Chase Director Priscilla Almodovar leads Enterprise Community Partners, which has business ties to the mortgage giant. Continue reading →

RE/MAX’s Motto Mortgage named a top ‘recession-proof’ opportunity

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As lenders pivot to serve homebuyers, RE/MAX franchisor’s “mortgage brokerage-in-a-box” also makes a separate list of top franchise opportunities for Black entrepreneurs. Continue reading →

Snapdocs integrations with Byte, BeSmartee will automate closings

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American Bancshares is among the first lenders to make the most of the new integration with BeSmartee to provide digital closing documents and collect eSignatures. Continue reading →

CMS seeks to set ‘gold standard’ in mortgage origination technology

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With backing from Canadian software giant Constellation Real Estate Group, Constellation Mortgage Solutions will debut its new NOVA loan origination solution at the MBA annual conference. Continue reading →

US housing markets considered ‘overvalued’ quadrupled in 2022

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Median home sale prices exceed the house-buying power of would-be buyers in 19 of 50 markets, according to data released Tuesday by First American Financial Corp. Continue reading →

PNC Bank partners with Blend to digitize mortgage applications

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“Strategic partnership” is a win for mortgage tech and title insurance provider Blend, which has cut its workforce by about 25 percent this year and racked up an accumulated $995 million deficit. Continue reading →

Moody’s says odds of recession have risen to ‘uncomfortably high’ 59.5%

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Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop. Continue reading →