Tag Archives: mortgage

Ribbon raises $150M round, vows to expand into half of US by 2023

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Currently, the homeownership startup operates in North Carolina, South Carolina, Tennessee, Georgia, Texas and Florida. Continue reading →

United Wholesale Mortgage to launch in-house appraisal capability

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The service, UWM Appraisal Direct, is optional and mortgage brokers will still have the option to choose from roughly 100 UWM-approved appraisal management companies. Continue reading →

Mortgage insurer Enact’s IPO is back on track

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With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering. Continue reading →

Black Knight expanding services it provides to growing mortgage broker segment

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Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation’s largest lenders. Continue reading →

Real estate disruptors get serious about mortgage — and vice versa: Mike DelPrete

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Real estate tech disruptors are investing billions to build integrated brokerage and mortgage experiences. Some have more resources than others, but all have the same scaling bottlenecks. And in the end, the biggest disruptors — and who is most at risk… Continue reading →

HUD homes more likely to be in floodplains: Report

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HUD is not required to disclose flood risk to would-be homebuyers, most of whom didn’t learn that the home they were interested in was located in a flood zone until they were told by their lender that they needed to buy flood insurance. Continue reading →

Rising home sales, prices help title insurers post record profits

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Rising home sales and prices helped title insurers post their best second quarter earnings ever, thanks to lower claims and a surge in premiums. Continue reading →

Wells Fargo fined over mortgage loan modification practices

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Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems. Continue reading →

Rates for 15-year mortgages continue slow rise from prior lows

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Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading →