Portals and disruptors are eyeing the future of mortgage markets
The companies that can afford to, including Zillow, are aggressively growing MLO headcount in order to capture future market share, Mike DelPrete writes
by Mike DelPrete Nov 14
Rocket Mortgage now pricing loans of up to $750,000 as conforming
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac's 2024 loan limits
by Matt Carter Oct 2
Better cuts mortgage sales team 2 weeks after $500M SPAC raise
The lender has become more reliant on its B2B channel, with partnerships alongside companies like Ally Bank and American Express accounting for nearly half of its mortgage originations
by Matt Carter Sep 25
FTC prepares to challenge ICE's $13B Black Knight deal: Report
Federal Trade Commission not convinced that Black Knight's plans to spin off its Empower loan origination system allays antitrust concerns, 'Politico' reports
by Matt Carter Feb 27
'Charge the storm': What to watch at Keller Williams' big Family Reunion
Texas-based franchisor Keller Williams is hosting its annual Family Reunion conference in California Friday through Wednesday. Here are the sessions, speakers and events you can't miss
by Marian McPherson Feb 16
After cutting Q3 losses, loanDepot has sights set on breaking even
The troubled lender has shed 5,200 workers through layoffs and attrition and is instituting other cost-cutting measures aimed at trimming $400M in annual expenses by the end of the year
by Matt Carter Nov 9
Mr. Cooper announces third round of layoffs affecting 800 workers
Mr. Cooper, which had 8,200 employees at the end of last year, laid off 250 workers from its lending business during the first quarter and announced another 420 layoffs in June
by Matt Carter Nov 3
April is Mortgage and Alternative Finance Month at Inman
This month, we'll talk to mortgage leaders about where the market is headed and how products are evolving
by Inman Mar 1
What agents need to know about mortgages during (and after) COVID-19
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have even more responsibility to educate clients on what's happening in today's market
by Salomon Chong Jun 30
Making sense of the headlines: Could we see another housing meltdown?
Opinion
There will certainly be negative impacts on the housing market from COVID-19, but I anticipate that total existing home sales will drop this year by somewhere between 10-15%
by Matthew Gardner Apr 28
Mortgage rates inch back slightly, yet remain mostly flat since spring
Stability in borrowing costs comes despite the highest core inflation rates since 2008, according to Freddie Mac survey
by Patrick Kearns Aug 16
New-home applications fall as summer season slips away
Drop in loan applications for newly built homes in line with overall slowdown in purchase mortgage market, MBA says
by Amy Tankersley Aug 14
Mortgage delinquencies and foreclosures persist in May
Black Knight offers early look at May mortgage data, and it’s not good news
by Amy Tankersley Jun 26