Tag Archives: mortgage

Guild Mortgage rolls out cash offer program in 11 states, more to join

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Guild’s CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy. Continue reading →

Opendoor’s growth has ‘materially accelerated’: DelPrete

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Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading →

Polly integrated with all 6 primary mortgage insurers

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The ability to retrieve quotes from private mortgage insurers helps borrowers assess their options and streamlines the mortgage insurance process for lenders. Continue reading →

Redfin economist: The Fed can change its mind

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While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading →

Blend Labs sees Q1 loss soar by 167% as rising rates curb refis

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Blend’s net loss for the quarter — up 167 percent from a year ago — came despite a 124 percent year-over-year increase in revenue, to $71.5 million, according to an earnings call on Thursday. Continue reading →

As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020

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Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday. Continue reading →

Rocket says it’s preparing for further declines in mortgage profits

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Buyout offers to approximately 2,000 workers are expected to save nation’s biggest mortgage lender roughly $180 million per year, according to a Q1 earnings call on Tuesday. Continue reading →