Tag Archives: mortgage

The risks of taking out cash against a home in today’s market

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Rising home equity has increased demand in the cash-out refinance market. But taking out cash against a home isn’t always the smartest idea. Continue reading →

Long Island man continues 20-year stint in house on just 1 mortgage payment

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Guramrit Hanspal, who hasn’t made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July. Continue reading →

Howard Hanna buys stake in one of Indiana’s biggest brokerages

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Howard Hanna Real Estate Services has expanded its footprint in Indiana by forming a partnership with a well-known regional player. Continue reading →

CoreLogic to acquire automated closing costs firm ClosingCorp

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The deal is expected to close in the third quarter if it receives regulatory approvals and meets “customary closing conditions.” Continue reading →

Truework says Encompass integration can speed mortgage approvals

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Nearly half of all U.S. mortgages are originated using Encompass, and Truework’s employment and income data network provides instant verification for more than 35 million employees. Continue reading →

Rising home prices may be crimping demand for purchase mortgages

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Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market. Continue reading →

Tomo launches with aim to ‘be the best at purchase mortgages’

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The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston. The company will refer homebuyers to real estate agents through a partnership with coaching company Tom Ferry. Continue reading →