2021 shaping up to be a banner year for title insurance industry

Rising home sales and prices helped boost title insurance premiums written by 32 percent during third quarter, with the smallest of the big four title insurers, Stewart and Old Republic, posting even stronger growth. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

Ellie Mae vets form SPAC to acquire mortgage and real estate startups

Southport Acquisition Corp. will look to acquire companies with $50 million to $100 million in revenues that are valued between $1 billion and $2 billion. Continue reading

A Florida community bank seeks to build nationwide mortgage business

Amerant Bank launched its mortgage joint venture with industry veterans who share a vision of a “highly efficient, and profitable nationwide mortgage banking business.” Continue reading

Markets remain volatile, but mortgage rates stay the course

The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Continue reading

Digital mortgage lender Beeline completes Series A funding round

Digital mortgage lender accesses bank, income and tax information online to provide “purchase-ready approvals” in 15 minutes. Continue reading

Maxwell aims to help small lenders simplify mortgage document review

“Stare and compare” work performed by human mortgage loan processors is not only inefficient but can introduce errors and inaccuracies. Continue reading

Opendoor in 2022: As the king of the iBuyers grows, so does its risk

Opendoor faces an array of challenges from other companies and sectors as it aims to hold its position as the biggest and most successful iBuyer in the world. Continue reading

‘I blundered’: Better CEO apologizes to workers after layoffs go viral

Better CEO Vishal Garg has apologized to the mortgage company’s staff, saying he failed to show adequate respect for the 900 former employees who were let go last week. Continue reading