Virtual brokerage Radius launches mortgage arm in California

The company’s move into mortgage lending comes on the heels of a $14 million Series A round led by Trulia co-founder Pete Flint’s NFX Ventures. Continue reading

Agents, brokers advised to seize the moment as mortgage rates retreat

Seek lenders who have the tech, people skills and product set to get would-be homebuyers off the fence and to the closing table, Knock and Maxwell executives told attendees at Connect Las Vegas. Continue reading

Power Buyers ready to power through market shift

While funding may be scarce for real estate startups, Power Buyers Knock and HomeLight CEOs Sean Black and Drew Uher said at Inman Connect, that they aren’t having trouble securing capital. Continue reading

Will lower mortgage rates revive homebuyer demand?

The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after four weeks of declining demand, MBA’s survey says. Continue reading

Vaultedge now helping mortgage lenders automate in the cloud

AI-powered document recognition and data extraction software is now available to mortgage lenders and servicers through cloud marketplace Microsoft AppSource. Continue reading

Endpoint rolls out enterprise-wide closing solution for proptechs

The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications. Continue reading

Knock unveils new plan to help homebuyers reduce mortgage rate

Interest-free home equity advances to Knock Home Swap clients can be used to buy down mortgage rate or make a bigger down payment. Continue reading

Home prices down from peaks in quarter of nation’s top 50 markets

Falling sales are driving inventory growth, bit it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight’s latest monthly Mortgage Monitor Report. Continue reading

Study: Homeowners often miffed if lenders outsource servicing

J.D. Power’s annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26 percent higher when mortgages are originated and serviced by the same company. Continue reading