Author Archives: Matt Carter

Senate narrowly confirms Sandra Thompson to lead Fannie, Freddie regulator

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The 49-46 party-line vote followed a Republican leader’s call to hold a referendum on the Biden administration’s “radical housing policy.” Continue reading →

Keller Williams’ lending arm, Keller Mortgage, posts new round of layoffs

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The scale of the latest round is unclear, but more than a dozen Keller Mortgage employees posted notices on LinkedIn Tuesday that they’d been laid off, with some describing the cuts as “huge.” Continue reading →

Lower mortgage rates fail to rekindle homebuyer interest

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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

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

Hometown Lenders eyes national expansion with 14 new branches

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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

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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

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