Rocket Homes tech chief unpacks ‘Explore Spaces’ visual search tool

Rocket Homes Chief Technology Officer John Fair told Inman the tool has already resulted in users spending nearly twice as long on the lender’s website and returning six times more frequently. Continue reading

Xome’s DIY platform lets investors sell homes without an agent

Homeowners can’t sell a primary residence through Xome’s seller portal without a listing agent, but can hire an agent on their own or ask Xome to match them with one. Continue reading

Cap on servicer fees for FHA loan assumptions doubled to $1,800

While lenders welcomed the increase, it might benefit homebuyers as well, by giving loan servicers more incentive to process FHA loan assumptions quickly. Continue reading

Veterans Affairs will suspend rule blocking vets from paying agents

Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process. Continue reading

Calque partners with more lenders to offer ‘The Trade-In Mortgage’

This year, Calque has partnered with some big names including C2 Financial and Cornerstone First Mortgage, as well as a number of smaller players like Portland, Oregon-based Theory Mortgage. Continue reading

UWM expands program that dispenses with title insurance

Nation’s largest mortgage lender says brokers “will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling closing or any related communication.” Continue reading

Zillow now showing buyers how rate changes affect their options

Powered by mortgage rates from Zillow Home Loans, BuyAbility tool could help listing portal’s lending affiliate get a head start on other lenders it competes with for borrowers. Continue reading

10 answers to the questions confused buyers are asking now

Realtors and buyers are both confused right now, writes mega-team leader Carl Medford. To help buyers sort out the mess, here are our top 10 answers for buyer questions. Continue reading

10 answers to the questions confused buyers are asking now

Realtors and buyers are both confused right now, writes mega-team leader Carl Medford. To help buyers sort out the mess, here are our top 10 answers for buyer questions. Continue reading