portable mortgage
Opinion
Portable mortgages are a trade-off, not a true fix
by Derek Carlson Apr 27
real estate investing
Agents who confidently address retirement planning don’t just sell homes, Jeff Sibel writes. They become the trusted authority in their market
by Jeff Sibel Feb 24
DR Horton gets into AI mortgage tech with Tidalwave stake
In addition to participating in a $22M Series A raise, DR Horton will be a Tidalwave customer, deploying its platform across subsidiary DHI Mortgage in a 'landmark mortgage tech deal'
by Matt Carter Nov 21
Zillow hit with new class-action suit over alleged broker kickbacks
The suit alleges that a requirment for Premier Agents to meet pre-approval quotas on Zillow Home Loans 'as a condition for maintaining access to these high-value leads' led to steering
by Lillian Dickerson Nov 10
Rocket offers preferred mortgage pricing for Redfin-linked deals
With closure of merger, homebuyers get temporary rate buydown or up to $6K in lender credits from Rocket Mortgage when the buyer or seller is represented by a Redfin agent
by Matt Carter Jul 1
Rocket: Redfin acquisition will cut consumer transaction costs by half
Rocket executives say unifying home search, buying, selling, mortgage, title and servicing could net $20K in savings — which might allay antitrust concerns and keep RESPA regulators at bay
by Matt Carter Mar 11
Rocket consolidates home search, mortgage with Rocket.com launch
Announced Wednesday, Rocket's new domain targets high-intent homebuyers by utilizing AI to provide around-the-clock support, answer questions and keep clients and agents informed
by Matt Carter Jan 22
Falling rates help boost Fannie and Freddie loan volumes, net worths
Mortgage giants Fannie Mae and Freddie Mac provided backing for $164B in purchase mortgages in Q3, up 10% from Q2, while remaining profitable and growing their combined net worths to $147B
by Matt Carter Nov 1
Industry gets some clarity on mortgage commission rules
Fannie, Freddie and FHA say sellers can continue to pay commissions to buyer's agents. But what if buyers want to pay their agent themselves and finance it into their mortgage?
by Matt Carter Apr 17
The NAR settlement would bring ‘significant benefits’ to buyers: CFA
That includes benefits for first-time homebuyers, who might be better served by inexperienced agents. But some benefits require changes from mortgage lenders, consumer watchdog says
by Taylor Anderson Apr 5
Merger of Lower and Thrive would give Veritex 12.5% ownership stake
The parent company of Veritex Community Bank, which paid $54.9M to acquire a 49% interest in Thrive Mortgage in 2021, expects $25M to $30M loss if planned merger deal closes next year
by Matt Carter Dec 14
'Profitability above growth is the priority of the moment'
At Inman Connect New York on Tuesday, a trio of finance executives seemed bearish on the state of proptech funding but bullish on its future
by Craig C. Rowe Jan 25
Ribbon slashes one-third of workforce to adjust to 'new reality'
After expanding into 8 new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an 'achievable path to profitability'
by Matt Carter Jul 28
A full list of real estate companies making layoffs in 2022 and 2023
While real estate industry layoffs largely began with companies that provide mortgages and mortgage-related services, everyone from Adwerx to Zumper has been impacted by the downturn
by Matt Carter Jun 3
CAR launches finance hotline, provides info on down payment assistance
by Inman Feb 19