Tag Archives: mortgage

FTC prepares to challenge ICE’s $13B Black Knight deal: Report

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The Federal Trade Commission is not convinced that Black Knight’s plans to spin off its Empower loan origination system allays antitrust concerns, “Politico” reports. Continue reading →

Fannie and Freddie keep building capital reserves as profits shrink

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By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Continue reading →

Real estate industry welcomes FHA premium cuts, with caveats

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Cuts are expected to save borrowers $678 million a year but don’t apply to existing loans or release homeowners who have built up equity from “life-of-loan” requirements. Continue reading →

CoreLogic snaps up mortgage technology provider Roostify

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The deal is touted as a way to give mortgage lenders critical information about borrowers and properties at the beginning of the loan process. Continue reading →

Homebuyer demand cools to lowest level since 1995 as rates rebound

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An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates rise for the second week in a row. Continue reading →

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

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Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading →

Inside Zillow’s far-reaching bid to jolt its mortgage business

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Even after ending its iBuyer program, Zillow remains bullish on mortgage. But first it has to totally reimagine its website, analysts and executives tell Intel. What could possibly go wrong? Continue reading →

Point’s Eddie Lim on the ‘vintage’ days ahead for proptech investors

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Investors eye 2023 and 2024 as prime opportunities amid a market still finding its footing, Point co-founder Eddie Lim tells Intel. Continue reading →

Disparity in mortgage rates offered by lenders doubled in 2022: Study

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Homebuyers can potentially save $600 to $1,200 a year by applying for a mortgage with multiple lenders, according to research by Freddie Mac. Continue reading →