SoFi founder’s new startup launches 5-minute approvals for home equity loans

Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations. Continue reading

Can this app reduce escrow to 10 days for homebuyers?

LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals. Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading

Real estate guru who defrauded investors to bankroll slasher flick and fleet of Ferraris found guilty

Following three days of deliberation, Koerber, who at one time held $7,000 real estate seminars, was found guilty on 15 counts of fraud. Continue reading

Anxiety still lingers 10 years after historic financial crisis

A decade ago, the housing market collapsed and Wall Street sputtered. It was the beginning of a decade of deep anxiety that still lingers today. Continue reading

4 alternative housing finance structures that could work

A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading

Lessons from the epic economic meltdown, 10 years later

This month is the 10-year anniversary of the global economic collapse. Lehman Brothers filed for bankruptcy on Sept. 15, 2008 and the world changed forever. Continue reading

Everything a first-time homebuyer needs to know to seal the deal

Affordability is at an all-time low for starter homes, making things tough for prospective first time home buyers to cross over from renting to owning. Continue reading

Daily interest: A festering sore in consumer loan markets

What do home mortgage loans have in common with every other type of consumer loan? They all incur a monthly or daily interest charge. Here are several important things you and your clients need to know about these interest charges. Continue reading