First-time buyers get creative with financing in 2026
Easing interest rates, down payment assistance and builder incentives are helping 1st-time homebuyers compete, according to the latest from the National Association of Realtors
by Marian McPherson Jan 6
AI changes that impact real estate
Technology like AI is helping lenders do a better job of providing useful guidance and advice to borrowers, boosting customer satisfaction and repeat business, J.D. Power survey finds
by Matt Carter Nov 12
A beautiful home on a lake during autumn to illustrate fall listing refresh strategies.
Trainer Bernice Ross shares 10 effective fall listing refresh strategies real estate agents can use to attract buyers, boost curb appeal and close more deals this season
by Bernice Ross Sep 15
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Both companies have invested heavily in AI. But while Rocket consistently earns high marks for loan servicing, Mr. Cooper's J.D. Power rankings have been subpar for more than a decade
by Matt Carter Jul 28
justice statue superimposed over courthouse columns
The Alliance is seeking 6 figures in damages from Ryan Weyandt, who resigned as CEO last year. Weyandt is also facing felony charges for alleged possession of explicit content of minors
by Marian McPherson Jul 28
Rocket offering renters up to $5K in closing credits
RocketRentRewards lets homebuyers earn closing cost credits equal to 10% of their verified rent payments over the past year — about $2,160 for those paying the average $1,800 in rent
by Matt Carter Feb 19
Homebuyer challenges offer an opportunity for lenders: JD Power
Survey finds lenders that have remained staffed up and invested in digital processes that streamline the mortgage process are crushing their competitors on customer satisfaction
by Matt Carter Nov 12
City National revamps mortgage after redlining settlement
Royal Bank of Canada subsidiary now offering grants of up to $50K in minority census tracts in the metro LA market as part of larger initiative to boost lending in underserved communities
by Matt Carter Sep 5
Inman unveils 2024 class of ‘Best of Finance’ award winners
The awards recognize over 150 individuals and their companies for their innovation and impact in the mortgage and financial services spaces
by Inman Jun 17
UWM's 0-down loans a hit with buyers, worry consumer advocates
Unlike subprime loans that were subjected to minimal underwriting standards in the runup to the 2007 housing crash, new 0-down loans meet criteria set by mortgage giant Freddie Mac
by Matt Carter Jun 4
Chase Home Lending increases homebuyer grant to $7,500
Chase has increased its grant to $7,500 in 8,500 of the 15,000 communities in within its homebuyer grant program. The bank also removed the income requirement for its 3% down DreaMaker mortgage
by Marian McPherson Jan 31
First-timers 'significantly' less satisfied with mortgage lenders
Homebuyers don't just want good rates. They want lenders to solve problems that will keep them from getting to the closing table, annual JD Power mortgage customer satisfaction survey finds
by Matt Carter Nov 16
LoanDepot lets buyers cover FHA down payment with 2nd mortgage
Available everywhere except New York, loanDepot's new 'accessZERO' program provides a down payment of up to 5% in the form of a 10-year fully amortized 2nd mortgage
by Matt Carter Oct 31
Wells Fargo providing $10K in down payment assistance in 8 metros
To qualify for grants being made through Wells Fargo's existing Special Purpose Credit Program, homebuyers can't earn more than 120% of the area median income
by Matt Carter Aug 10
US Bank, UWM join movement to boost minority lending
With Fannie and Freddie leading the charge, a growing number of lenders are using special purpose credit programs to boost homeownership in underserved communities
by Matt Carter Jul 13