Ted Cruz aims to defund CFPB with implications for lender oversight
Although the agency was created by Democrats in an effort to protect consumers from abusive financial practices, it has continued to be viewed by Republicans as an unchecked power
by Lillian Dickerson Jan 31
Fannie Mae and Freddie Mac prep for privatization in Trump 2nd term
President Trump has promised to release Fannie Mae and Freddie Mac from its 16-year conservatorship. However, the road to privatization may be more perilous than expected
by Marian McPherson Jan 23
More US mortgages are 'seriously underwater' as equity dwindles
The share of seriously underwater mortgages moved up slightly from 2.6% to 2.7% in Q1, according to a report from Attom released Thursday
by Ben Verde May 9
Mat Ishbia
Hunterbrook Media founder dismisses Ishbia's take as 'baseless conspiracy theory'; Rocket says it and founder Dan Gilbert have no financial interests or relationship to hedge fund
by Matt Carter Apr 5
Jungo and Homebot team up to cultivate mortgage prospects
Integration of Jungo's CRM solution with Homebot lets mortgage loan officers share real-time data and insights into market trends, interest rates and property values with prospective clients
by Matt Carter Feb 20
Divvy Homes letting 95 employees go, including senior managers
The third round of layoffs in the last 12 months takes effect Nov. 7 and affects employees in 21 states, including Divvy's chief legal officer, vice president of compliance and head of design
by Matt Carter Sep 11
Mortgage broker salary: How much do they make?
Mortgage brokers typically make a 1% to 2% or more commission from each loan they broker, but a lot of other variables determine how much money they make in a year
by Lillian Dickerson Jun 27
How to answer buyers’ top 10 most-asked mortgage questions
Agents should be prepared to answer their buyer's mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area
by Bernice Ross May 10
Prices may be dropping, but homes still have loads of equity
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
by Daniel Houston Nov 2
The end of credit scores? The best ideas from Zillow’s Hackathon
The Seattle-based listing giant announced the 3 top innovations that emerged from its annual competition for students of historically Black colleges and universities
by Daniel Houston Sep 22
US home equity has reached new heights. What happens next?
Gains in household real estate equity have far outpaced growth in US mortgage debt, according to new numbers from the Federal Reserve board
by Daniel Houston Sep 6
The most important mortgage column you may ever read
Opinion
An “All-In-One-Mortgage” combines bank account, mortgage, and equity line of credit into a single product that lets you pay off your mortgage up to 18 years sooner
by Bernice Ross Jun 8
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
Redfin ramping up mortgage business with $135M acquisition
Bay Equity Home Loans closed nearly 10 times as many loans as Redfin Mortgage in 2021
by Daniel Houston Jan 12
All gas, no brakes: Knock speeds into Detroit en route to 75 markets
At Inman Connect Las Vegas, Knock revealed a new slogan, 'In agents we trust'
by Craig C. Rowe Nov 4