High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes, according to the Mortgage Bankers Association. Continue reading
BeSmartee’s lender clients now have access to MeasureOne’s automated income and employment verification capabilities. Continue reading
MISMO and Snapdocs have teamed up to launch the ‘e-Eligibility Exchange’ with participation from major data providers including Freddie Mac and First American Corp. Continue reading
The fintech startup offers homeowners a lump sum in exchange for a share of their home’s appreciation. Continue reading
Wells Fargo veteran Michael Heid will succeed Sheila Bair as board chair as the mortgage giant conducts a national search for its next CEO. Continue reading
Home affordability is an ever more elusive dream for many in today’s market. Down payment assistance programs can be buyers’ bridge to the reality of owning a home by overcoming the cash-to-close hurdle. Continue reading
Series B round led by Zigg Capital includes $25 million in venture capital and $110 million in debt. Continue reading
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Continue reading
In a hot seller’s market, how should agents help their clients with pricing, bidding strategies and closing successfully? Broker Jenny Usaj offers keys to setting appropriate buyer expectations from the start. Continue reading
Only 24 percent of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010. Continue reading