Tag Archives: Mortgage & Alternative Financing Month

Consumers finally get it: Mortgage rates are probably going down

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A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae’s Home Purchase Sentiment Index in more than two years. Continue reading →

Mr. Cooper closing in on $1T portfolio with Home Point deal

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After selling off originations businesses and laying off thousands, Home Point will sell $84 billion in mortgage servicing rights for $324 million in cash. Continue reading →

Regulator rescinds new Fannie, Freddie fee for riskier borrowers

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Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.” Continue reading →

How to answer buyers’ top 10 most-asked mortgage questions

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Agents should be prepared to answer their buyer’s mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area. Continue reading →

Big Purple Dot launches recruiting tool for mortgage lenders

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BPD Recruit taps CoreLogic data to let lenders see who their competitors’ most productive loan officers are, then automates the process of luring them away. Continue reading →

Ocrolus taps OpenAI to sift more mortgage apps — without humans

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The document automator’s analysis of borrower-supplied mortgage documentation provides “full-stack capabilities,” helping lenders capture data fields, detect fraud and analyze cash flows. Continue reading →

EasyKnock acquires Ribbon in bid to launch national marketplace

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The sale-leaseback platform plans to launch a marketplace later this year designed to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively. Continue reading →

Unlock homeownership with down payment assistance programs 

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As a real estate agent, it’s not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place. Continue reading →

How to beat your buyer’s biggest obstacle to purchasing a home

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Down payment assistance programs can help more people make their dreams of homeownership come true, including up to one-third of all borrowers who fail to qualify without DPA. Continue reading →