Cloud providers like AWS, Google Cloud and Microsoft Azure not only provide flexibility to scale, but have also developed proprietary AI and machine learning capabilities that can be customized to meet the needs of mortgage lenders. Continue reading
Brad Inman retains an ownership stake and the current team will continue running the company, with plans for significant growth. Continue reading
Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report. Continue reading
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading
For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability. Continue reading
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory. Rates for 30-year loans dipped as well. Continue reading
The percentage of homeowners who are behind on their mortgage payments continues to fall, but an estimated 1 million homeowners face an elevated risk of foreclosure when forbearance protections start expiring in September. Continue reading
Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape. Continue reading
A ransomware attack on Cloudstar, which provides cloud hosting for title insurance applications, is threatening to derail mortgage closings and put sensitive client information at risk. Continue reading
A mix of breaking news, trends and profiles of fascinating people and companies, Extra Credit aims to help smart professionals keep an eye on the future of the digital transaction. Continue reading