Tag Archives: mortgage

Power Buyer Knock enters Seattle market, adds jumbo mortgages

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To serve five new markets in Washington, Knock has partnered with a number of local real estate brokerages, half of which are affiliated with Keller Williams. Continue reading →

A mortgage giant crunched 47 years of housing data. Here’s what it found

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The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly 50 years. Continue reading →

Ribbon wants to free buyers from the pitfalls of chain transactions

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Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers. Continue reading →

Mortgage tech provider Gateless looking to ride automation wave

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The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading →

Wells Fargo warns it will cut costs as mortgage lending continues to slide

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Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices. Continue reading →

Cornerstone latest lender to take mortgage loan servicing in-house

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In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home. Continue reading →

Rising home prices expected to drive record purchase loan volume

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High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes, according to the Mortgage Bankers Association. Continue reading →

Mortgage industry players now pooling data to promote e-closings

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MISMO and Snapdocs have teamed up to launch the ‘e-Eligibility Exchange’ with participation from major data providers including Freddie Mac and First American Corp. Continue reading →