Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation's largest lenders
by Matt Carter Sep 14
The foreclosures rate fell to 0.2% in June 2021 from 0.3% the previous year, according to data released Tuesday from property analytics provider CoreLogic
Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems
by Matt Carter Sep 13
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans
by Daniel Houston Sep 9
New York-based Orchard has raised $100M in a new Series D funding round, lifting its total equity to $255M and reaching a valuation of more than $1B, it was announced Thursday
by Libertina Brandt Sep 9
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials
by Daniel Houston Sep 2
The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for 'key' in Italian
by Jim Dalrymple II Sep 1
Rates remain near historic lows despite Fed's willingness to consider tapering mortgage purchases this year
by Daniel Houston Aug 26
Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac's lender survey
by Daniel Houston Aug 19
The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year but lost ground on the refinancing side
by Daniel Houston Aug 18
The debt offering — in the form of senior convertible notes that mature in 2026 — will include a $750M private offering to qualified institutional investors
by Matt Carter Aug 17
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
by Daniel Houston Aug 12
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
by Daniel Houston Aug 9
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant's potential impact on the global economy
by Daniel Houston Aug 5
Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor
by Daniel Houston Aug 3
The new bond products offer higher yields in a low-interest-rate environment; but if the loans go bad, investors are on the hook
by Daniel Houston Jul 29