Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance. Continue reading
New offering lets existing homeowners tap their equity to buy before they sell and make non-contingent offers to better compete with cash buyers in competitive markets. Continue reading
Inman celebrates 149 mortgage and finance professionals setting the bar higher in leadership, innovation and commitment to excellence. Continue reading
Nation’s largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer’s down payment when financing a purchase backed by Fannie Mae or Freddie Mac. Continue reading
Executives put a positive spin on prospects for growth, with loan origination volume up 17 percent from a year ago to $32.4 billion and revenue up 5 percent to $613.4 million. Continue reading
Long-term agreement with ICE Mortgage Technology will help nation’s largest mortgage lender bring $242 billion loan servicing portfolio in-house to boost repeat business and referrals. Continue reading
Nation’s largest mortgage lender integrates AI and machine learning tools into its lending platform to streamline underwriting and document processing and provide chat support. Continue reading
Lower mortgage rates could help lenders do more business, and investment analysts like Rocket’s plans to acquire real estate brokerage Redfin and loan servicing giant Mr. Cooper. Continue reading
Deal gives the nation’s biggest provider of riskier “non-QM” mortgages additional capacity to offer more traditional loans backed by Fannie and Freddie, FHA, VA and USDA. Continue reading
In a year when home sales hit a three-decade low, the nation’s biggest mortgage lender made $96.1 billion in loans to homebuyers — the company’s best year ever. Continue reading