The numbers are headed in the wrong direction for loans that are backed by private lenders rather than the government, according to new survey by the Mortgage Bankers Association. Continue reading
The San Francisco-based cloud banking software developer reported second quarter revenue of $32.1 million, up 46 percent from a year ago. Continue reading
Ribbon helps buyers buy before they sell, rescues bad deals and gives first-time buyers a way to win deals in what might be the industry’s first hybrid fintech-proptech application. Continue reading
Flueid Decision is multi-tenant and agnostic, meaning “it’s not owned or managed by any one underwriter, title agent, lender, servicer or service provider and is not focused on any one component of the real estate lifecycle.” Continue reading
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading
The historically low level of inventory for sale suggests that any rate-related increase in sales will be muted due to the inadequacy of listings needed to fulfill higher buyer demand. This softer sales response also suggests more upward pressure on pr… Continue reading
Agents in nine new U.S markets are eligible to become Knock-certified as the rapidly growing mortgage proptech will begin offering its Home Swap to more cities in Arizona, Florida, Minnesota, Tennessee and Texas. Continue reading
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading
The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low- and very low-income borrowers, up from 30 percent today. Continue reading
Fannie and Freddie will use new price-based qualified mortgage rule for loans with settlement dates after Aug. 31. Continue reading