For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading
Flyhomes Cash Offer is now available in California, Colorado, Idaho, Maryland, Oregon, Texas, Washington state and Washington, D.C. Continue reading
Proceeds of non-dilutive, secondary offering of 50 million shares will go to company controlled by Ishbia family. Continue reading
Consumers and other real estate stakeholders have a growing number of tools to help them assess risks including floods and wildfires. Continue reading
Deal provides cloud banking solutions provider, nCino, with an entry point to $4 billion U.S. point-of-sale mortgage market. Continue reading
Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association. Continue reading
Sagent says its servicing platforms provide “a bank-on-your-phone experience to consumers so they can manage their entire homeownership lifecycle anytime, from any device.” Continue reading
LoanDepot, known largely for lending directly to consumers, is upping its game with mortgage brokers with improvements to its mello broker portal that the company says will speed loan closings. Continue reading
Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process, helping them price loans competitively and take market share from less efficient lenders. Continue reading
Offerpad backer Spencer Rascoff thinks iBuying will survive without Zillow, but emerging companies need a better name for their services. Continue reading