After hovering near 3 percent for nearly two years, mortgage rates have rebounded faster than expected. But amid uncertainty, economists are divided on whether 5 percent rates are here to stay. Continue reading
Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. Continue reading
As rates surged last week, demand for FHA purchase loans dropped by nearly 8 percent, according to a weekly lender survey by the Mortgage Bankers Association released Wednesday. Continue reading
Integration with FormFree enables loan originators to text or email borrowers a request to electronically verify asset, income and employment data without leaving LoanMAPS, while integration with DocMagic’s Total eClose platform eliminates the need for… Continue reading
The startup’s origination and underwriting platform lets homeowners borrow up to 90 percent of their home’s “future value.” Continue reading
February’s 19.6 percent annual home price appreciation, together with sharp rise in mortgage rates, produced the tightest affordability in 15 years, according to new data from Black Knight. Continue reading
The deal to purchase the California-based national mortgage lender accelerates the brokerage’s strategy to become a one-stop shop for buying, selling, renting and financing a home. Continue reading
A sharp decline in mortgage refinancing prompts Blend to pull back “very hard” on hiring and reconsider the “right number of people” needed in the title insurance segment. Continue reading
Ally announced a strategic partnership with Better in 2019 in which Better sells, processes, underwrites, and closes Ally’s digital mortgage offerings, while Ally retains control of marketing, advertising and loan pricing. Hawaii, Nevada, New Hampshire… Continue reading
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests. Continue reading