Tag Archives: mortgage

Surveys show impact of mortgage ‘lock-in effect’ on seller psychology

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Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading →

Mortgage broker who forged loan documents for clients gets 5 years

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Prosecutors say Alex Ashod Dadourian, a licensed mortgage loan broker in Southern California, fabricated income and employment verification documents to win approvals for 17 mortgages totaling more than $8 million. Continue reading →

Motto Mortgage partners with SOCi for online reputation management

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The growing marketing platform counts multilocation brands, such as Ace Hardware, Ford Motor Company and Smashburger as clients. Continue reading →

Homebuyer sentiment up slightly in November for first time in 9 months

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Fannie Mae survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit. Continue reading →

Mortgage rates fall — but so does demand, breaking 4-week streak

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As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week. Continue reading →

Venture capital giants like Pylon’s embeddable mortgage offering

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An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global. Continue reading →

Home price declines leave 450,000 borrowers underwater

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Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor. Continue reading →

Zoodealio’s smart upgrades reflect an evolving industry: Tech Review

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Zoodealio is home offer marketplace that helps agents and their clients compare and respond to multiple types of offers a home. Continue reading →

Tomo enters 5 new states, launches real-time preapproval process

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After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C. Continue reading →