Author Archives: Matt Carter

Lower mortgage rates fail to rekindle homebuyer interest

By Matt Carter | May 25, 2022 - 11:00 am |May 25, 2022 Uncategorized

Comments Off on Lower mortgage rates fail to rekindle homebuyer interest

As mortgage rates continued to retreat from 2022 highs set during the first week in May, demand for purchase loans was essentially flat last week. Continue reading →

Homepoint is first wholesale lender with cash offer product

By Matt Carter | May 24, 2022 - 8:27 pm |May 24, 2022 Uncategorized

Comments Off on Homepoint is first wholesale lender with cash offer product

Powered by Accept.inc, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington. Continue reading →

Ribbon, Cry-Leike partner to launch Power Buyer services in Arkansas

By Matt Carter | May 23, 2022 - 10:07 pm |May 23, 2022 Uncategorized

Comments Off on Ribbon, Cry-Leike partner to launch Power Buyer services in Arkansas

A leading independent real estate brokerage, Crye-Leike, was Ribbon’s partner in launching Power Buyer services in Alabama in December. Continue reading →

Hometown Lenders eyes national expansion with 14 new branches

By Matt Carter | May 23, 2022 - 1:50 pm |May 23, 2022 Uncategorized

Comments Off on Hometown Lenders eyes national expansion with 14 new branches

While other mortgage lenders are laying off workers, Huntsville, Alabama-based Hometown Lenders is advertising more than 40 jobs for loan originators, processors and other positions. Continue reading →

Lower partners with Orchard to offer Power Buyer services

By Matt Carter | May 20, 2022 - 5:18 pm |May 20, 2022 Uncategorized

Comments Off on Lower partners with Orchard to offer Power Buyer services

As rising interest rates curb mortgage refinancings, Lower will also target homebuyers through a strategic partnership with iBuyer powerhouse Opendoor. Continue reading →

Flueid gears up to support purchase and home equity loans

By Matt Carter | May 19, 2022 - 9:49 pm |May 19, 2022 Uncategorized

Comments Off on Flueid gears up to support purchase and home equity loans

Title and escrow software-as-a-service provider’s tech platform, Flueid Decision, can now detect solar panels and liens. Continue reading →

Home sales, homebuilding headed for a slowdown, Fannie Mae says

By Matt Carter | May 19, 2022 - 7:30 pm |May 19, 2022 Uncategorized

Comments Off on Home sales, homebuilding headed for a slowdown, Fannie Mae says

“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Continue reading →

E-recording now an option for more than 9 in 10 Americans

By Matt Carter | May 18, 2022 - 7:16 pm |May 18, 2022 Uncategorized

Comments Off on E-recording now an option for more than 9 in 10 Americans

Electronic document recording providers Simplifile, ePN and CSC grow their networks even as business slows. Continue reading →

Homebuyer mortgage demand falls even as rates ease from 2022 highs

By Matt Carter | May 18, 2022 - 11:00 am |May 18, 2022 Uncategorized

Comments Off on Homebuyer mortgage demand falls even as rates ease from 2022 highs

Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Continue reading →

Tomo provides mortgages in 9 states, adds Georgia, North Carolina

By Matt Carter | May 17, 2022 - 10:23 pm |May 17, 2022 Uncategorized

Comments Off on Tomo provides mortgages in 9 states, adds Georgia, North Carolina

Fintech focused on purchase mortgages planning to add more markets and new mortgage products later this year. Continue reading →