The job description of a loan officer has changed
According to mortgage industry expert Matt Muscat, changes in the mortgage industry and in the financial landscape have made the job of loan officer more important and challenging than ever
by Matt Muscat Nov 8
Blend now focused on growth in quest to return to profitability
The mortgage and banking tech provider reports a $41.8M Q3 net loss with revenue down 27% from a year ago to $40.59M, but company executives emphasize potential for growth
by Matt Carter Nov 7
Mr. Cooper remains shut down one week after cyberattack
Over 4M mortgage customers have been unable to make their payments since the company announced it had been attacked on Oct. 31
by Ben Verde Nov 6
DelPrete: How Zillow pressures its agent partners to plug mortgages
Zillow is shoring up its Home Loans business by ratcheting up pressure on Flex agents, who refer clients to the mortgage arm or risk losing future leads, real estate advisor Mike DelPrete writes
by Mike DelPrete Nov 1
The current impact and future implications of mortgage AI
AI is making mortgage lending quicker and smarter. Lender Price CEO Dawar Alimi breaks down its impact and what's to come
by Dawar Alimi Oct 5
Intel unpacks the startling price of entry into the US housing market
Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers
by Marian McPherson Oct 4
VC-backed Roam seeks to connect buyers to assumable mortgages
In theory, all government-backed FHA, VA and USDA loans are assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing
by Matt Carter Sep 13
Zillow's still all-in when it comes to the mortgage business
While other companies are shedding their mortgage arms, Zillow's seeing potential and doubling down on Zillow Home Loans
by Mike DelPrete Sep 7
Give 'incredible insights': Industry pros should be armed with data
At a time when demand for loans has shriveled, Polygon Research CEO Val Buresch argued at Inman Connect Las Vegas on Wednesday that open communication will help people take action
by Jim Dalrymple II Aug 9
Did the US dodge a recession? As outlook softens, analysts reassess
A rising tide of economists are backing away from early forecasts that the US is very likely to enter a recession later this year or by the first quarter of 2024. But some still see dark clouds ahead
by Taylor Anderson Aug 4
Mortgage delinquency fell to an all-time low in May: Data
For the month of May, 2.6% of all mortgages in the US were in some stage of delinquency, a 0.1% decrease from the levels seen a year before, according to data from CoreLogic
by Ben Verde Jul 27
Will the second quarter of 2023 match real estate's Q1 meltdown?
Major real estate companies began reporting Q2 earnings this week against a backdrop of high rates, low inventory and a sluggish economy. Analysts shared what they're watching with Intel
by Jim Dalrymple II Jul 26
How to become a mortgage broker in 6 steps
Mortgage brokers have to undergo specific training to do their jobs. Those with an aptitude for hard work and client relationships can find great success over the course of their careers
by Lillian Dickerson Jun 30
WATCH: The right lender can make buyer love letters obsolete
Opinion
Not crazy about buyer love letters? A great lender can reach out to the listing agent on a buyer's behalf to offer information and reassurance
by Rick Guerrero Jun 5
Unconventional mortgage loans: Help for 1099 clients and investors
Opinion
For agents, sharing these programs with those who would not normally qualify for a traditional conventional loan can be a huge lead generator for their business for many years to come
by Bernice Ross Jun 1