Tag Archives: mortgage

It’s definitely a seller’s market: Buyer sentiment sags in poll

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With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Continue reading →

Treasury Secretary: Commercial real estate will suffer ‘some pain’

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In her first interview since the resolution of the debt ceiling crisis, Treasury Secretary Janet Yellen said that while she expects “some pain” and even consolidation, banks will weather the storm. Continue reading →

Better.com lays off in-house real estate agents nationwide

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Troubled mortgage lender had touted Better Real Estate as a crucial component of its plans to build out an integrated end-to-end technology platform. Continue reading →

Regulators are tracking complaints about ‘deficient’ financial chatbots

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The Consumer Financial Protection Bureau warns of reputational and legal risks of relying on “deficient chatbots” as the primary mode of interacting with customers. Continue reading →

LoanDepot hires new CFO and parts ways with 4 top managers

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CEO Frank Martell recruits former CoreLogic colleague David Hayes as losses pile up and mortgage originations hit another new low. Continue reading →

WATCH: The right lender can make buyer love letters obsolete

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Not crazy about buyer love letters? Mortgage expert Rick Guerrero says that a great lender can reach out to the listing agent on a buyer’s behalf to offer information and reassurance. Continue reading →

Quality control standards for AVMs may cover discrimination

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Proposed standards would include random sample testing and reviews to ensure a “high level of confidence” in the estimates produced by AVMs. Continue reading →

Mortgage rates ease on debt deal, but jobs report fuels inflation fears

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Friday’s strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to “hike, skip or pause.” Continue reading →

Unconventional mortgage loans: Help for 1099 clients and investors

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For agents, sharing these programs with those who would not normally qualify for a traditional conventional loan can be a huge lead generator for their business for many years to come.  Continue reading →