Tag Archives: mortgage

Neat Loans wins backing from Comcast venture capital subsidiary

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In addition to financing, Forecast Labs offers startups access to direct response television, direct mail programs. Continue reading →

‘Modest recession’ eyed in 2023, Fannie Mae economists predict

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Home sales now expected to decline by 7.4 percent this year and 9.7 percent in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1 percent decrease in home sales this year and 2.7 percent in 2023. Continue reading →

Power Buyer Knock enters Seattle market, adds jumbo mortgages

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To serve five new markets in Washington, Knock has partnered with a number of local real estate brokerages, half of which are affiliated with Keller Williams. Continue reading →

A mortgage giant crunched 47 years of housing data. Here’s what it found

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The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly 50 years. Continue reading →

Ribbon wants to free buyers from the pitfalls of chain transactions

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Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers. Continue reading →

Mortgage tech provider Gateless looking to ride automation wave

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The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading →

Wells Fargo warns it will cut costs as mortgage lending continues to slide

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Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices. Continue reading →

Cornerstone latest lender to take mortgage loan servicing in-house

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In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home. Continue reading →