Tag Archives: Banking & Lending

Average FICO scores hit all-time high

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After years of steadily rising, the average FICO score in the U.S. has hit an all-time high of 706, the credit-reporting company announced this week. Continue reading →

Zombies, fraud and opportunity: All the mortgage stats you might’ve missed

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JPMorgan Chase Institute’s default rates associated with people who do and don’t have savings, Attom’s Q2 numbers on median opportunity zone home prices, MagnifyMoney’s retirement stats — as the summer comes to an end, here’s a roundup of some recent m… Continue reading →

Inman News quiz: Think you’re on top of the week’s biggest stories?

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The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week. Continue reading →

IBuying giant Opendoor acquires title and escrow company

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Opendoor believes that by acquiring OS National it will be able to provide consumers the “most streamlined and easiest closing experience.” Continue reading →

iBuying giant Opendoor to begin offering home loans

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iBuying behemoth Opendoor announced Thursday that it has launched its own mortgage lending service, marking the company’s latest move to completely upend the real estate industry. Opendoor Home Loans is now live in Texas markets Dallas-Fort Worth, Aust… Continue reading →

A recession is on the horizon: Keller Williams New York City CEO

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Housing won’t be to blame and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin. Continue reading →

Yield curve inversion fears are overblown

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Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time. Continue reading →

Mortgage startup Morty launches platform for first-time homebuyers

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The new tool will tell users if they can qualify for a mortgage, as well as how much they would be able to borrow. Continue reading →

How to begin financing investment properties

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Turning homebuyers into investors can mean more financial security for them and more business for agents. But especially less-experienced investors may need help getting started Continue reading →