FICO boasts new credit scoring model will reduce mortgage defaults
The new model will have greater predictive powers while reducing risk for lenders
by Patrick Kearns Jan 24
Agent sentenced to prison for role in foreclosure kickback scheme
Jeffrey Detloff is accused of steering maintenance and repair contracts to companies that provided his own firm a kickback
by Patrick Kearns Jan 23
Unison CEO talks Netflix for real estate, social responsibility
Thomas Sponholtz's company assists buyers with their down payments and helps existing homeowners access their equity — services that he says give consumers more and better financing options
by Jim Dalrymple II Jan 22
Notarize partners with Stewart Title
The new partnership will give thousands of title agents and escrow officers access to Notarize's online and hybrid closings
by Jim Dalrymple II Jan 15
The latest reason millennials aren't buying homes? Houseplants
Millennials account for billions of spending annually on lawn and garden products
by Patrick Kearns Jan 7
Court rules in favor of FTC in mortgage relief scheme
The FTC originally halted the operations of 13 companies accused of falsely promising consumers it could help them stave off foreclosure
by Patrick Kearns Dec 30
JPAR is giving agents a cut of a new mortgage venture
The new business, created in a partnership with Avenu, allows agents to buy into a piece of the profits generated through a mortgage platform
by Patrick Kearns Dec 17
Digital mortgage lender saw huge uptick in underserved groups in 2019
A new study released by digital mortgage company Better.com found that 2019 was dominated by millennials, minorities, LGBT married couples, single women and married women that outearned their husbands
by Patrick Kearns Dec 16
Will millennials rent forever? Study shows they believe so
A new Apartment List study provides the first hard evidence that large numbers of millennials who would like to become homeowners are so frustrated that they have changed their minds, at least for now
by Steve Cook Dec 5
Zillow is testing a closing services platform
The move is also an effort to improve the unit economics of buying and selling homes as Zillow Offers continues to scale
by Patrick Kearns Nov 7
HouseCanary revives ComeHome as product for mortgage lenders
ComeHome was originally just a portal-like search tool, but now functions as a platform that can integrate into lenders' existing software
by Jim Dalrymple II Oct 23
Growing number of homeowners feel 'house rich and cash poor'
Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study
by Marian McPherson Oct 23