Tag Archives: mortgage

LoanDepot’s ‘Grand Slam’ offer bundles agent, mortgage and title insurance

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LoanDepot and its agent matching subsidiary, mellohome, will offer cash rebates of up to $7,000 on bundled services. Continue reading →

Early investors bail on Doma’s SPAC merger

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Digital title, escrow and closing provider Doma raised less than anticipated in a SPAC merger this week, after paying out nearly $295 million to early investors who redeemed their shares. Continue reading →

Banks offer exposure to mortgage risk — and investors want in

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The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading →

Fed will keep buying $40 billion in mortgages every month

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As Fed’s balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic. Continue reading →

Knock moves into 50th market, launches closing guarantee

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Knock, a real estate technology company that facilitates a buy-now, sell-later financing model called Home Swap, is officially in Chicago, the company announced, in combination with news that it’s now offering a $5,000 on-time closing promise. Continue reading →

Truework speeding up income verification for gig-economy workers

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Truework is rolling out Credentials, a new service that lets workers log into their payroll provider to share verified income and employment data with their mortgage lender or other authorized third parties. Continue reading →

Total Expert integrates RatePlug to connect loan officers with agents

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RatePlug, a marketing platform that connects mortgage loan officers and real estate agents, is now integrated into Total Expert, a customer relationship management solution. Continue reading →

Stewart bolsters Midwest operations with Title First Agency acquisition

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After posting record second quarter earnings, Stewart Information Services Corp. has acquired one of the nation’s largest independent title agencies, Title First Agency Inc. Continue reading →

No flood of foreclosures to come in pandemic’s wake. Here’s why

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Anyone believing but there will be a flood of homes that will be foreclosed on either toward the end of this year or in 2022 is likely to be disappointed. Here’s a closer look. Continue reading →