Tag Archives: mortgage

Interest rate drop drives sudden surge in housing activity

By Kelsey Ramírez | April 21, 2021 - 2:03 pm |April 21, 2021 Uncategorized

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Mortgage applications increased 8.6 percent on a seasonally adjusted basis for the week ending April 16, 2021, according to the Mortgage Bankers Association. Continue reading →

Mortgage fintech firm FirstClose acquires HomeScout

By Kelsey Ramírez | April 20, 2021 - 8:09 pm |April 20, 2021 Uncategorized

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The company hopes to transform real estate engagement for the consumer and industry professionals by creating a one-stop solution for finding loan officers and real estate agents. Continue reading →

Digital mortgage startup Better debuts services in 3 more states

By Andrea V. Brambila | April 20, 2021 - 7:50 pm |April 20, 2021 Uncategorized

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The company has funded over $40 billion in home loans since it launched in 2016 — nearly all of it since the beginning of 2020. Continue reading →

CFPB reportedly investigating several mortgage servicers

By Kelsey Ramírez | April 20, 2021 - 5:21 pm |April 20, 2021 Uncategorized

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After months of warning of a crackdown, the CFPB has started probes into several mortgage servicers, people familiar with the matter say. Continue reading →

The 3 biggest alternative financing methods disrupting real estate

By Kelsey Ramírez | April 20, 2021 - 3:52 pm |April 20, 2021 Uncategorized

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In a Connect Now session, Clelia Peters shared what agents need to know about the major players in transaction facilitation, mortgage alternatives and home equity access. Continue reading →

Forbearance rate drops for seventh week in a row

By Matt Carter | April 19, 2021 - 11:24 pm |April 19, 2021 Uncategorized

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At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading →

Housing market is headed for a slowdown say Fannie, Freddie

By Kelsey Ramírez | April 19, 2021 - 7:50 pm |April 19, 2021 Uncategorized

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The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading →

How one simple question will transform how you serve your clients

By Ryan Dibble | April 19, 2021 - 7:40 am |April 19, 2021 Uncategorized

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Turn qualified homebuying clients’ offers from financed offers to cash offers, helping them win in the buying competition thanks to the certainty that cash brings to sellers. Continue reading →

Will 2021 be the year the industry finally embraces mortgage tech?

By Kelsey Ramírez | April 16, 2021 - 9:55 pm |April 16, 2021 Uncategorized

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The housing industry is gearing up for a boom in mortgage tech. Some of housing’s top experts explain why. Continue reading →

Investment guru Jim Cramer pays off mortgage with bitcoin profits, gets roasted

By Matt Carter | April 16, 2021 - 6:24 pm |April 16, 2021 Uncategorized

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“I now own a house, lock, stock and barrel, because I bought bitcoin,” said Cramer. “I don’t know, I think I won!” But not everyone agrees with his decision. Continue reading →