Author Archives: Matt Carter

First-time homebuyers may be driving FHA, VA loan surge

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Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association. Continue reading →

Clever teams with Total Expert to land more lenders and homebuyers

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Clever’s integration of Total Expert’s CRM and customer engagement platform could help the company drum up homebuyers who aren’t already working with real estate agents. Continue reading →

Attorney title opinions could give title insurers a run for their money

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SingleSource Property Solutions and Voxtur launch an alternative to title insurance that’s designed with Fannie Mae and Freddie Mac’s new guidelines in mind. Continue reading →

Home sales projected to fall 16.2%, Fannie Mae says in new forecast

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In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July. Continue reading →

Mortgage lenders use tech and local ties to grow national footprints

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Atlanta-based direct mortgage lender Silverton Mortgage, a Snapdocs client, has added new branches in the Carolinas, Arkansas and Missouri over the past year. Continue reading →

Doma announces more layoffs as cumulative losses top $300M

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Layoffs of 561 workers are expected to generate $70 million in annual cost savings, buying time for digital title insurer to adapt its “instant underwriting” technology for purchase loans. Continue reading →

First American touts Procision as ‘next-generation’ valuation model

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The Procision AVM suite comes in three flavors for mortgage lenders, capital market investors, proptechs and real estate professionals. Continue reading →

Better HoldCo partners with Palantir on mortgage marketplace

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Better describes the Tinman Marketplace as “the next evolution of Better’s proprietary loan platform,” powered by Palantir’s Foundry operating system. Continue reading →

Demand for mortgages hits lowest level in more than 20 years

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High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said. Continue reading →