Why the money pouring into real estate tech is ‘stupid’

In a wide-ranging interview, Patrick Stone, founder of the Williston Financial Group, shares his thoughts on real estate technology and his previous life as an oyster diver. Continue reading

Wells Fargo hires mortgage tech chief from JP Morgan

Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading

Why is it so hard to make the transaction seamless?

Brad Inman had two words for the discussion group that I was part of at Disconnect 2019. “Think bigger,” he told us. The group included leaders from all over the real estate industry, and Endpoint facilitated the discussion. Our particular challenge wa… Continue reading

Nearly 1B mortgage docs accessible by First American security flaw

Though the security breach had been fixed as of Friday, it previously let anyone who had a link to certain documents on First American’s website access additional electronic records simply by changing a single digit in the URL. Continue reading

SEC charges real estate developer with fraud in Ponzi-scheme

The U.S. Securities and Exchange Commission filed an emergency action Thursday against New York State real estate developer Robert Morgan. Continue reading

HUD Secretary slammed for confusing REO with Oreo cookies

Despite the controversy that has swirled around his tenure, following the Oreo incident, Ben Carson attempted to downplay his apparent confusion. Continue reading

Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading

Feds want looser data reporting regulations for smaller lenders

Federal regulators on Thursday proposed loosening the data reporting requirements that smaller lenders face when making certain types of home loans. Continue reading