Mortgage tech startup Blend raises $130M, adds Pixar vet to board

Digital mortgage lending startup Blend announced Monday its raised an additional $130 million in venture capital funding, bringing the company’s total funding to $310 million. The company plans to use the capital to further grow its team of nearly 400 … Continue reading

Hyperlocal app PropertyRadar now offers mortgage data

The one-time darling software for finding prospective foreclosures is now offering same tech for small businesses, such as real estate agents and mortgage brokers. Continue reading

New Freddie Mac mortgage plan bundles purchases and repairs

The CHOICERenovation program offers homebuyers a single loan, with just one set of closing costs, that they can use to buy a house and then fix it up. Continue reading

Zillow’s mortgage ambitions ramp up with office opening

Zillow cut the ribbon on its Zillow Home Loans office today, in Overland Park, Kansas. The headquarters will serve as the main hub for its nascent mortgage program, which was launched in the wake of last year’s acquisition of the Overland Park-based Mo… Continue reading

When lenders reject US veterans, who you gonna call?

NewDay USA has encountered controversy in its time doing business, but some brokers say that it can help veterans with traditionally low credit scores land reasonable loans. Veterans should just make sure that they enter the agreements with their eyes … Continue reading

Say hello to Property Portfolio

Every Tuesday, Property Portfolio brings readers a mix of the latest news and information on the growing investment property market, as well as the most important industry trends and new developments, the powerful new technologies and tools reshaping h… Continue reading

Quicken Loans agrees to pay HUD $32.5M

Quicken Loans confirmed today it has agreed to pay the U.S. Department of Housing and Urban Development $32.5 million to resolve a multi-year legal battle between the lender and HUD. Continue reading

Trump admin blocking undocumented immigrants from FHA loans

A Trump administration official confirmed this week that the Federal Housing Administration is not providing mortgages to undocumented immigrants who arrived in the U.S. as children. Continue reading

Notarize teams up with Fidelity National Financial

The companies announced the partnership Tuesday, saying in a statement that it will allow Fidelity’s agents to use Notarize’s platform for online closings. Continue reading

Big changes are coming to Fannie and Freddie … beware

Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading