Blend’s Q3 earnings take a hit as $54M in IPO compensation vests

The cloud banking software developer raises full-year revenue guidance by $13 million as it signs new clients, launches new products and integrates Title365 acquisition. Continue reading

Rise in mortgage rates sees hiccup — but don’t expect it to last

The dip in mortgage rates this week was small compared to the rise recorded over the last month. Economists say they expect more increases. Continue reading

Ryan Serhant’s finance firm expands business to South Florida

The company’s services are now available to agents and brokerages in South Florida that want to receive their commissions up front. Continue reading

Homeward founder says agents can lead real estate’s tech revolution

Tim Heyl, CEO of real-estate startup Homeward, says brokers know the issues that can be solved by technology and investment. Continue reading

Rates for 30-year mortgages reach highest point since early spring

Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading

September sees new upturn in demand for second homes

More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading

What the US climate-risk review means for FHA, VA loans and more

Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading

Mortgage rates continue their ascent onward into mid-October

Rates creeped upward once again across all major mortgage types, part of a rise from their all-time lows earlier this year, according to Freddie Mac’s weekly lender survey. Continue reading

Foreclosures remain low as banks start to churn out post-ban filings

The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Continue reading

Home equity startup Point powers first of its kind securitization

With co-sponsor Redwood Trust, Inc., Point has completed the first-ever securitization backed solely by residential Home Equity Investment agreements. The transaction, which closed on September 23, issued about $146 million of asset-backed securities. Continue reading