Tag Archives: mortgage

Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

By | | Uncategorized
Comments Off on Carrington grudgingly signs off on $5.25M COVID-19 relief settlement

CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren’t fully informed of their options. Continue reading →

Homebuyer demand picks up again as mortgage rates retreat below 7%

By | | Uncategorized
Comments Off on Homebuyer demand picks up again as mortgage rates retreat below 7%

While purchase loan applications were up 4 percent week over week, there’s still “very little refinance incentive with rates so much higher than last year,” MBA economist says. Continue reading →

The Agency expands to include mortgage and other services

By | | Uncategorized
Comments Off on The Agency expands to include mortgage and other services

Luxury brokerage The Agency announced national partnerships Friday with CrossCountry Mortgage, Choice Home Warranty and home inspection provider Pillar to Post. Continue reading →

Nations Lending launches mortgage alliance with Carpenter Realtors

By | | Uncategorized
Comments Off on Nations Lending launches mortgage alliance with Carpenter Realtors

After announcing new branch openings and executive hires this year, Nations Lending seeks to grow by forming a joint venture with an Indiana brokerage that employs more than 600 agents. Continue reading →

Billions in losses, a brutal market and more from Q3 earnings season

By | | Uncategorized
Comments Off on Billions in losses, a brutal market and more from Q3 earnings season

A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading →

Ribbon suspends cash offer service, working on new tools for spring

By | | Uncategorized
Comments Off on Ribbon suspends cash offer service, working on new tools for spring

The New York-based power buyer had been purchasing homes on behalf of RibbonCash clients who were unable to close a deal with their own financing. Continue reading →

Blend announces more layoffs as cumulative losses surpass $1B

By | | Uncategorized
Comments Off on Blend announces more layoffs as cumulative losses surpass $1B

The mortgage tech and title provider posted a $132.7 million net loss in the third quarter of 2022, with revenue falling 38 percent from a year ago to $55.3 million, according to an earnings call Thursday. Continue reading →

Survey: Mortgage lenders missing chance to build trust with borrowers

By | | Uncategorized
Comments Off on Survey: Mortgage lenders missing chance to build trust with borrowers

J.D. Power warns that the mortgage customer experience is increasingly commoditized, with few lenders finding the right formula to be seen as trusted advisers. Continue reading →