Vault image via Shutterstock. Regulators promise thaw in mortgage credit

Regulators promise thaw in mortgage credit

Regulators who oversee Fannie Mae, Freddie Mac and the Federal Housing Administration are telling mortgage lenders that they’re ready to cut them some slack, and mortgage lenders say they’re ready to run with the ball. Speaking at the Mor...
By Inman News | Monday, October 20, 2014
Growth image via Shutterstock. Mortgage lending startup gets $1.5M boost from investors

Mortgage lending startup gets $1.5M boost from investors

Mortgage lending startup Lenda has raised $1.54 million in seed funding the company says it will use to expand into new markets. The San Francisco-based firm launched a platform in July to allow borrowers to complete the home loan process online .....
By Inman News | Monday, October 20, 2014
Money spigot image via Shutterstock. Time to redesign our system of mortgage lending

Time to redesign our system of mortgage lending

Long-term rates have stabilized, mortgages just under 4.5 percent, but markets are rattled and it’s hard to tell exactly who or what is doing the shaking. The Fed has everybody uneasy, simultaneously saying it may raise the cost of money ......
By Lou Barnes | Friday, September 26, 2014
Blogging image via Shutterstock. Over 300 real estate blogging and video ideas to last the rest of your career

Over 300 real estate blogging and video ideas to last the rest of your career

Writing is a passion for me, but, as a novelist, my blogging seems to have taken a back seat. A friend and I have been meeting to discuss how we're going to get back to blogging and doing videos regularly ......
By ActiveRain | Wednesday, September 17, 2014
Container ships loading and unloading in Singapore. Banana Republic images / Shutterstock.com. Good news about the economy is bad news for mortgage rates

Good news about the economy is bad news for mortgage rates

In the backwards world of bonds and mortgages, in which good news is bad, good news pushed up long-term rates this week. U.S. data may encourage the Fed to accelerate the end of ZIRP (zero interest rate policy) at its ......
By Lou Barnes | Friday, September 12, 2014
MRIS Close It! closing disclosure on iPad MLS arms agents with app that calculates closing costs

MLS arms agents with app that calculates closing costs

Mid-Atlantic multiple listing service Metropolitan Regional Information Systems Inc. and settlement services firm Federal Title & Escrow Co. have launched a desktop and mobile app to offer closing cost estimates to MRIS’ 44,000 members. Th...
By Inman News | Wednesday, September 10, 2014
Vault image via Shutterstock. What Realtors need to know about credit scores

What Realtors need to know about credit scores

Realtors often first direct their clients to get approved for a loan amount through their favorite lender. However, many of these clients feel betrayed, cheated and at times embarrassed to learn that the credit scores they counted on, in some cases ...
By Nabil Captan | Wednesday, September 3, 2014
Matt Morris (left) and Patrick Stone talk about streamlining the closing process at Real Estate Connect San Francisco. How to streamline the closing process for your buyers and sellers

How to streamline the closing process for your buyers and sellers

Hear what title insurers and settlement services providers are doing to streamline the closing process for homebuyers and sellers from Matt Morris, CEO of Stewart Information Services Corp., and Patrick Stone, president and CEO, Williston Financial G...
By Inman News | Thursday, August 21, 2014
Screen shot of Planwise's home page. Soon any website will be able to prequalify homebuyers for a mortgage

Soon any website will be able to prequalify homebuyers for a mortgage

A partnership between real estate startup Planwise and Informa Research Services Inc. will give smaller players in real estate search a plug-and-play tool that allows them to compete with the mortgage options that tech titans like Zillow, Trulia and ...
By Paul Hagey | Wednesday, August 13, 2014
Flight to quality image via Shutterstock. 'Flight to quality' amid global unrest not helping mortgage rates

'Flight to quality' amid global unrest not helping mortgage rates

When the world is scared it wants sovereign IOUs, not mortgage-backed securities, even if government guaranteed. Unless the sovereign looks like it’s in trouble itself ......
By Lou Barnes | Friday, August 8, 2014
Tight lending image via Shutterstock. Mortgage tech provider Ellie Mae acquiring AllRegs for $30M

Mortgage tech provider Ellie Mae acquiring AllRegs for $30M

Mortgage industry software solutions and services provider Ellie Mae says it has an agreement to acquire AllRegs, whose loan product and guideline data and analytics are used by more than 3,000 companies including mortgage lenders, brokers, investors...
By Inman News | Thursday, August 7, 2014
Mortgage image via Shutterstock. Black Knight integrates tools to help lenders meet disclosure rules

Black Knight integrates tools to help lenders meet disclosure rules

Real estate data and technology firm Black Knight Financial Services is integrating two of its lender products with the goal of helping lenders meet disclosure regulations and streamline the loan closing process. The two products are Empower, an end-...
By Andrea V. Brambila | Tuesday, August 5, 2014
shutterstock_199660514 Do's and don'ts when waiting for your loan to close

Do's and don'ts when waiting for your loan to close

You have done the hard part in the homebuying process and chosen a lender and a real estate agent to work with. You have also gone out and found the home of your dreams! Best of all, your team has done a great job of negotiating the best deal for you...
By ActiveRain | Tuesday, August 5, 2014
Big data image via Shutterstock. Big Brother is watching appraisers

Big Brother is watching appraisers

The centerpiece of every mortgage application is the appraisal. Lenders originate residential mortgages on the basis of either the sale price or the appraised value, whichever is lower. If the appraisal is too high, sellers worry that they should hav...
By Peter Miller | Tuesday, August 5, 2014
Militia members being sworn into service on June 21 in the separatist stronghold of Donetsk, Ukraine. Denis Kornilov / Shutterstock.com Why mortgage rates aren't shooting up

Why mortgage rates aren't shooting up

In a world and life filled with uncertainty, it is gratifying to watch markets behave exactly as they should. Bonds and mortgages got a bad scare on Wednesday, rates up sharply, but as the full picture revealed itself rates are ......
By Lou Barnes | Friday, August 1, 2014
Elephant in the room image via Shutterstock. Zillow/Trulia merger is about home loans, not homes

Zillow/Trulia merger is about home loans, not homes

In the articles I've read dissecting the events of the last few days, I've been surprised to find virtually no reference to what I believe is a key part of the value proposition of a combined Zillow and Trulia: the monetization of products and servic...
By Vincent Turner | Thursday, July 31, 2014
Shopping for mortgages image via Shutterstock. Ellie Mae's self-service mortgage platform targets 'tech-savvy' borrowers

Ellie Mae's self-service mortgage platform targets 'tech-savvy' borrowers

Ellie Mae is now offering mortgage lenders a consumer direct solution for its Encompass mortgage management platform that can guide homebuyers through a step-by-step application process in less than 15 minutes, giving borrowers greater control and in...
By Inman News | Thursday, July 24, 2014
Mortgage image via Shutterstock. Demand for purchase mortgages still lagging

Demand for purchase mortgages still lagging

Appetite for purchase mortgages stayed flat last week, clocking in well below the same week a year ago as costlier mortgage insurance and tight credit continued to hamper demand. Applications for purchase loans increased a seasonally adjusted 0.3 per...
By Teke Wiggin | Wednesday, July 23, 2014