Online mortgage lenders aren’t ending discrimination: Study

Despite the latest technology disrupting real estate, people of color and minorities still face discrimination when it comes to home buying. Continue reading

What’s the No. 1 thing today’s borrowers want? Faster response times

The latest J.D. Power study of borrower satisfaction revealed that loan officer response times are what make or break the experience, and this has pushed many consumers to go digital. Continue reading

Wells Fargo foreclosed on 500 people due to ‘calculation error’

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday. Continue reading

What lenders are doing to fend off disruption

It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing? Continue reading

Ribbon now backs home sales with cash at no cost to buyers

Ribbon, which describes itself as a credit card-like tool for making cash offers on houses, announced it will offer its services free to homebuyers. Continue reading

$10M Houston mansion most expensive foreclosed home in US

A Houston mansion with nine bathrooms and 15,000 square feet of space is now the country’s most expensive foreclosed property, clocking in at $9.75 million. Continue reading

Total Expert raises $20M, plans expansion into insurance, wealth management

Total Expert provides marketing software for banks, enabling them to monitor and react to consumer behavior online, find and engage new leads around mortgages and other types of loans, and automate communication exchanges while meeting compliance. Continue reading