Tag Archives: Mortgage & Alternative Financing Month

RE/MAX’s Motto Mortgage lures key exec from rival to fuel growth

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Chris Erickson has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi. Continue reading →

Lending activity plummeted during Q1, fastest YOY decline in 8 years

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A report found overall residential lending to be down 32 percent between the first quarters of 2021 and 2022, with refinancing lending dropping 22 percent and mortgages dipping 18 percent. Continue reading →

Homeowners gained $3.8T in equity over the past year, CoreLogic says

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Homeowner equity grew by 32.2 percent in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way. Continue reading →

Mortgage demand drops to 22-year low as rates rebound: MBA survey

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As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Continue reading →

Better CEO to colleagues: Biden death would be a boon for business

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New whistleblower lawsuit claims Vishal Garg made misstatements ‘all aimed at duping investors and shareholders’ amid quest to bring Better public. Continue reading →

Ribbon partners with Coldwell Banker Heritage for Ohio launch

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Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states. Continue reading →

The most important mortgage column you may ever read

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An “All-In-One-Mortgage” combines a bank account, a mortgage, and an equity line of credit (the equivalent of a HELOC) into a single product that accomplishes each of these goals. Author and consultant Bernice Ross discusses its potential for homeowner… Continue reading →

What’s the craziest way you’ve kept a transaction together? Pulse

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This week, we’re wondering: What’s the wackiest thing you’ve had to do to get a deal done? Let us know in this week’s Pulse. Continue reading →

Homebuyer sentiment hits new low for 3rd month in a row

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Although 76 percent said it was a good time to sell, rising mortgage rates are likely to make some would-be sellers reluctant to give up their existing mortgage. Continue reading →

Loan servicing giant Mr. Cooper lays off another 420 workers

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Investors warned of “break even” second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations. Continue reading →