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
Fairway Independent Mortgage buys itself a new Midwest division
Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway Independent Mortgage as a division manager
by Matt Carter Jun 11
Q1 not so bad after all, nCino says in surprise sneak peek at earnings
In notifying shareholders of its upcoming June 18 annual meeting, the company detailed $49.8M in restricted stock awards granted to 5 top executives over the past 3 years
by Matt Carter May 21
Investors surprised by nCino's $18.6M Q4 loss, cautious guidance
Shares in cloud banking solutions provider hit a new all-time low after company posts guidance that revenue from the company's main line of business could shrink by as much as 7% this year
by Matt Carter Apr 2
Motto Mortgage office (contributed photo).
After seeing its open office count shrink this year for the first time ever, RE/MAX's mortgage franchisor brings new offices online in Arizona, South Carolina and Michigan
by Matt Carter Nov 19
Redlining settlement wouldn't resolve 1st Amendment questions
The CFPB claimed statements made by hosts of Townstone Financial's AM radio call-in show and podcasts discouraged Black Chicago residents from applying for a mortgage
by Matt Carter Oct 25
Fairway blasts federal regulators in $10M redlining settlement
Nation's third biggest lender casts itself as a victim of politics, noting Consumer Financial Protection Bureau launched its investigation the day after Biden Administration took office
by Matt Carter Oct 16
Gold Star taps Loanscape to streamline broker onboarding
Counterparty risk and oversight platform provider Loanscape says customizable questionnaires and document requests allow lenders to automate up to 80% of the onboarding workflow
by Matt Carter Apr 1
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
Guild Mortgage eyes the Midwest with First Centennial acquisition
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage's fourth expansion since December, according to an announcement on Monday
by Matt Carter Aug 30
Fairway loses 8 California branches to rival Guild Mortgage
The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350M in loans last year "is equal to that of a mini acquisition"
by Matt Carter Apr 20
Ribbon expands footprint in Arkansas, Colorado and Illinois
In Hot Springs, Arkansas, Ribbon will work with agents at Crye-Leike, which also partnered with Ribbon when it launched services in Alabama
by Matt Carter Oct 5
Deep dive into mortgage data claims glaring racial disparities
Journalists at watchdog say credit scores and algorithms used by Fannie Mae and Freddie Mac could be to blame
by Matt Carter Aug 26
Keep your eye on these top 10 purchase lenders this year
The lenders who took the most market share in purchase mortgages in 2020 are best prepared to dominate lending in 2021
by Kelsey Ramírez Apr 14
The top 10 independent mortgage brokers gaining market share
Mortgage brokers claimed more than 20 percent of market share for the first time in over a decade this January, and these companies are leading the charge
by Matt Carter Apr 13