Stearns Lending files for bankruptcy, moves to restructure
The decision comes amid a time of historically low interest rates and declining home sales
by Patrick Kearns Jul 10
Constellation Real Estate Group picks up predictive data firm offrs
The purchase comes amid an acquisition spree from Constellation that has seen the firm make investments in an array of real estate technology
by Jim Dalrymple II Jul 9
Studies find that 2017 tax reform has mixed impacts on homebuying
Fed economists say that tax reform slowed the housing market, and higher-income homebuyers were affected most
by Lew Sichelman Jul 2
Blender with Blend logo on it
The Peter Thiel-backed startup plans to use the new capital to continue growing its team of nearly 400 employees
by Patrick Kearns Jun 24
Hyperlocal app PropertyRadar now offers mortgage data
The one-time darling software for finding prospective foreclosures is now offering same tech for real estate agents and mortgage brokers
by Craig C. Rowe Jun 21
New Freddie Mac mortgage plan bundles purchases and repairs
The CHOICERenovation program offers homebuyers a single loan with just one set of closing costs that they can use to buy a house and then fix it up
by Jim Dalrymple II Jun 21
Zillow’s mortgage ambitions ramp up with office opening
The real estate giant officially unveiled the rebranded Kansas-based headquarters of its new Zillow Home Loans division
by Patrick Kearns Jun 20
When lenders reject US veterans, who you gonna call?
NewDay USA parachutes in to help veterans with their mortgages where traditional banking institutions balk
by Lew Sichelman Jun 19
Seaside sunset beach harbor waterfront properties houses luxury resort coastal coast
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by Carl Franzen Jun 18
Quicken Loans agrees to pay HUD $32.5M
A multiyear legal battle reaches its conclusion, with the lending giant admitting no wrongdoing but making FHA whole on 0.2% of loan moneys
by Patrick Kearns Jun 14
Stop sign
A new letter from the Department of Housing and Urban Development states that undocumented immigrants who arrived in the US as children aren't eligible for the more lenient mortgages
by Jim Dalrymple II Jun 13
Notarize teams up with Fidelity National Financial
The partnership pairs the digital notary startup with the largest group of title companies and title insurance underwriters in the US
by Jim Dalrymple II Jun 11
Big changes are coming to Fannie and Freddie ... beware
Opinion
The odds are against the June plan, no matter what it is, it will be likely to raise the cost of borrowing or exclude segments from credit
by Lou Barnes Jun 10
Piggy bank
A new study shows that people were happiest with their lives when their debt was in the form of mortgages and least happy when it was tied to medical expenses
by Jim Dalrymple II Jun 10
Lender slapped with $1.75M fine for bungling demographic data
Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated more than 50,000 mortgages per year during that period
by Jim Dalrymple II Jun 7