Tag Archives: mortgage

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 →

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 →

Power Buyer Knock revamps board of directors

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Representative of NAR’s venture capital arm, Second Century Ventures, will serve as an observer on Knock’s board of directors. 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 →

Amid market jolt, hiring continues in residential development sector

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Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading →

From ‘Better’ to worse: Real estate companies making layoffs so far

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With a few exceptions, the layoffs have so far largely been confined to companies providing mortgages and mortgage-related services like title and closing. Continue reading →

Opendoor aims for 2-minute pre-approvals with new app

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The new app combs through data and comes up with a maximum price a consumer should be able to afford. Opendoor believes the process will be faster and easier for consumers than traditional pre-approvals. Continue reading →