Anthony Lamacchia thinks some agents are reading too much into guidance issued by Fannie and Freddie confirming that sellers can continue to pay buyer's agents' commissions
Apr 22
With new clients including USA Mortgage and New American Funding, Matic says it's doing business with more than 100 lenders and servicers that together process 20% of U.S. home loans
Apr 19
First Federal Bank continues expansion of its nationwide mortgage lending operations with deal to acquire Watson Mortgage Corp. and investments in digital solutions, personal service
Apr 18
Fannie, Freddie and FHA say sellers can continue to pay commissions to buyer's agents. But what if buyers want to pay their agent themselves and finance it into their mortgage?
Apr 17
Rates for conforming loans pushed through 7% last week and continue to rise, as latest inflation data and remarks by Fed Chair Jerome Powell dim prospects that Fed will ease in June
Apr 17
Mortgage rates have already reclaimed much of the territory ceded last year and are poised to continue rising this week as latest numbers show inflation continuing to run hot
Apr 15
Mortgage changes set to take effect Aug. 1 are part of Canadian government's ambitious plan to boost housing construction by 2 million and help renters save up for a down payment
Apr 15
In a break with the past, most new franchisees signing up for Motto's 'mortgage brokerage-in-a-box' solution are real estate brokerages and teams that aren't affiliated with RE/MAX
Apr 12
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won't cut rates in June
Apr 10
Citing recent court victories, UWM says 'it is not uncommon nor illegal for a broker to send most or all of their business to a specific lender' and pledges to pay business partners' legal fees
Apr 10
The Detroit-based lender unveiled 'Rocket Logic' on Tuesday, an AI-fueled platform that can glean insights from 10 petabytes of proprietary data and transcripts from 50M borrower calls each year
Apr 10
DataTrace, which now operates more than 1,800 U.S. title plants, says the remarkable granularity of its data can help identify renters who are ready to buy, empty nesters and fix-and-flip investors
Apr 9
Fading hopes that mortgage rates will come down in the next 12 months are primary drag on Fannie Mae's Home Purchase Sentiment Index, but job and income concerns also up in March
Apr 8
Hunterbrook Media founder dismisses Ishbia's take as 'baseless conspiracy theory'; Rocket says it and founder Dan Gilbert have no financial interests or relationship to hedge fund
Apr 5
Austin, Texas-based fintech hires CoreLogic vet Michael Bremer as CEO and signs APEX Mortgage Group, C2 Financial and Cornerstone First Mortgage as partners
Apr 4
MBA surveys show purchase loan applications have been flat for 2 consecutive weeks, and now mortgage rates are popping again as more worrisome inflation data rolls in
Apr 3
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as 'a sham'
Apr 3
Founded as Daily AI, Boulder-based Aidium rebranded last year to better align brands it had acquired — Whiteboard CRM and Recruitable.ai — under a single umbrella
Apr 2
About 1,150 AFN loan originators nationwide will be able to offer clients access to zavvie's cash offer programs under a partnership announced Tuesday
Apr 2
Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests allow lenders to automate up to 80% of the onboarding workflow
Apr 1