As JVs struggle, Rate names top salesman to head retail mortgage
Guaranteed Rate Inc.'s retail mortgage operations named Shant Banosian as president on Wednesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits
by Matt Carter Mar 5
Figure now using OpenAI's GPT to speed HELOC doc review process
When combined with a newly launched chatbot powered by Google Gemini, Figure says AI-powered doc review to save $8M while raising customer satisfaction scores
by Matt Carter Sep 30
Homebuyers get a break as big lenders redefine 'jumbo mortgage'
CrossCountry Mortgage joins Rocket, Pennymac, UWM and Rate in raising conforming loan limit above current $766,550 cap for Fannie Mae and Freddie Mac ahead of an official announcement
by Matt Carter Sep 24
UWM and Rate join the $802K conforming loan limit party
With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement
by Matt Carter Sep 18
Rocket is first mortgage lender to raise its conforming loan limits
Rocket will treat loans of up to $802,650 as conforming ahead of expected increase. Last year UWM and Rate also got a jump on the official announcement by Fannie and Freddie's regulator
by Matt Carter Sep 13
Rate has now taken 10K loan applications en Español
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals
by Matt Carter Sep 12
Yield curve inversion fears are overblown
Opinion
Yield curves predicting recessions did so historically and will again at the end of Fed overshoots. The Fed has done no such thing this time
by Lou Barnes Aug 19
RATE coordinates real estate agent endorsements from radio personalities
Radio and Television Experts coordinates local radio endorsements for agents across US
by Paul Hagey Jul 24
Freddie Mac's Primary Mortgage Market Survey shows high rates, international volatility
Interest rates are at their highest levels since last fall as economists eye Greek crisis and Fed's expected rate hike
by Amy Tankersley Jul 6
Avoid rookie mistakes when preparing, submitting your document package
by Jack Guttentag Jan 30
Based on U.S. Bureau of Labor Statistics report
by Inman Aug 31
Trick is to continue previous loan's larger payments
by Jack Guttentag Apr 4
Commentary: A recovery for the rich?
by Lou Barnes Mar 4
Commentary: U.S. weathers impact better than most
by Lou Barnes May 21