Moves by Rocket and United Wholesale Mortgage could help borrowers get better rates and make smaller down payments when taking out loans that were previously classified as jumbo. Continue reading
United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading
This week, we want to know: What’s the biggest marketing mistake agents make? Is it failure to launch, failure to follow-up or something else? Continue reading
Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an “extremely challenging” lending environment. Continue reading
The nonbank mortgage lender says 40-year, interest-only loans will help borrowers and investors who have been priced out of today’s housing market. Continue reading
Dr. Nathan Connolly and Dr. Shani Mott alleged fair housing and civil rights violations after a second home appraisal came back $278,000 higher when they removed any indication of their race. Continue reading
The new zero down, zero closing cost mortgage Community Affordable Loan Solution is part of a $15 billion commitment to help 60,000 individuals and families purchase homes by 2025. Continue reading
Approval by bank regulators will allow Cornerstone to “significantly expand” product and service offerings to hundreds of thousands of customers and referral sources nationwide. Continue reading
The partnership was announced along with a $25 million funding round led by Brand Foundry Ventures, with participation by Move and existing investors Link Ventures and Listen Ventures. Continue reading