Fathom reports major double-digit growth in revenue and agents in Q3
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
by Matt Carter Nov 10
Regulatory tech provider Azimuth GRC gets boost from Rock Ventures
Atlanta-based Azimuth GRC claims it's the only company that's codified every state and federal law on one platform
by Matt Carter Nov 10
FHFA
Requests to refinance accounted for almost two-thirds of all mortgage applications during the week ending Nov. 5
by Matt Carter Nov 10
UWM posts record mortgage volume, but Q3 profits sag
Net income down 77% from a year ago, when refinancing boom drove higher profit margins
by Matt Carter Nov 9
Home sales seen as immune from economic pessimism
Increasingly negative consumer sentiment not seen as immediate threat to home sales, as homebuyer demand continues to outpace available listings
by Matt Carter Nov 8
Ocrolus will help Blend automate mortgage doc processing
Initial focus will be on document automation for mortgage applications, with potential to extend into other business areas
by Matt Carter Nov 8
Rocket Mortgage's profits slip in Q3 as it pivots to lending to homebuyers
Nation's biggest mortgage lender growing partnerships with real estate agents, mortgage brokers, banks, and credit unions
by Matt Carter Nov 5
Rise in mortgage rates sees hiccup — but don't expect it to last
The dip in mortgage rates this week was small compared to the rise recorded over the last month; economists say they expect more increases
by Daniel Houston Nov 5
New digital tools helped lift Fidelity National Financial's Q3 earnings
The nation's largest title insurer, which launched its inHere platform in December, saw third-quarter adjusted net earnings grow 39% from a year ago, to $604M
by Matt Carter Nov 5
Black buyers twice as likely to be denied mortgages due to low appraisals
Appraisers seemed to value homes higher if the applicant matched the neighborhood's racial makeup, Illinois Realtors study finds
All gas, no brakes: Knock speeds into Detroit en route to 75 markets
At Inman Connect Las Vegas, Knock revealed a new slogan, 'In agents we trust'
by Craig C. Rowe Nov 4
older millennial
Demand for purchase loans and refinancings ebbed during last week of October
by Matt Carter Nov 3
Fed tapering starts now, markets unfazed
Powell says Fed will finish draw down of the support it's provided to mortgage rates during the pandemic by June
by Matt Carter Nov 3
LoanDepot building purchase loan business as rising rates stunt refis
Joint ventures with homebuilders and referral relationships with real estate agents helping fuel partner channel
by Matt Carter Nov 2
Microsoft ups cloud capabilities for mortgage lenders
Mortgage365 and Finastra are on board for the launch of Microsoft Cloud for Financial Services
by Matt Carter Nov 2
Knock Home Swap
More than 500,000 borrowers are in loss mitigation after pandemic relief from monthly mortgage payments expires, according to Black Knight's latest Mortgage Monitor Report
by Matt Carter Nov 2