Redfin: Warren’s debt cancellation plan would help millennial homebuyers
A new study from the tech-focused brokerage found that the average millennial could buy a home 3 years more quickly under the 2020 Democratic presidential contender’s proposal
by Patrick Kearns May 31
Wells Fargo hires mortgage tech chief from JP Morgan
Steve Hagerman will serve as Wells Fargo's head of consumer lending technology and will be responsible for the bank's new and emerging technology platforms
by Jim Dalrymple II May 29
Nearly 1B mortgage docs accessible by First American security flaw
The massive title insurance company left millions of documents — with sensitive data including SSNs — available for unauthorized users to see
by Jim Dalrymple II May 26
SEC charges real estate developer with fraud in Ponzi scheme
The SEC seeks to freeze Robert Morgan's assets as a result of the fraud charges
by Patrick Kearns May 23
Mortgage rates hit yearly lows
The average rate on a 30-year mortgage was 4.06% this week, down from 4.66% at this time last year
by Patrick Kearns May 23
HUD secretary slammed for confusing REO with Oreo cookies
Ben Carson was asked Tuesday during a hearing about the acronym ‘real estate owned,’ which applies to certain foreclosed properties
by Jim Dalrymple II May 21
Open sign
A multi-channel, multi-state lender called Open Mortgage filed suit claiming that the iBuyer's advertising is 'confusingly similar' to its own trademarks
by Teke Wiggin May 15
Feds want looser data reporting regulations for smaller lenders
A proposed rule change would let smaller lenders avoid government data reporting requirements if they only make a few closed-end mortgages per year
by Jim Dalrymple II May 2
Divvy can now pre-approve rent-to-own customers in 15 minutes
The San Francisco-based startup has streamlined an online application process that used to take up to a week
by Jim Dalrymple II May 2
redfin stock image
With expansion into Florida, Maryland and Tennessee, the rapidly growing home lending arm is now live in 12 states
by Patrick Kearns Apr 30
Quicken to allow Vrbo short-term rental income for mortgage qualification
The partnership unlocks the power of using rental income generated from primary or secondary residences to qualify for a mortgage
by Patrick Kearns Apr 17
Flat-fee brokerage Reali acquires mortgage lender
The California-based brokerage scooped up Lenda and will use the acquisition to launch its own mortgage service
by Jim Dalrymple II Apr 17
General Electric will pay $1.5B over subprime lending
Justice Department says a GE subsidiary misrepresented the quality of its loans and fraud controls it had in place
by Jim Dalrymple II Apr 12
Constellation Real Estate Group adds 12th company to portfolio
The software giant acquired Mortgage Builder, a company that allows lenders to originate and service mortgages
by Teke Wiggin Apr 5
Should you be working with this buyer? 3 ways to tell
It's not always just about the loan pre-approval
by Michael Maynard Apr 5