Mortgage giants offering very low income homebuyers a spring break
Fannie Mae and Freddie Mac are offering a $2,500 credit this spring that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums
by Matt Carter Feb 7
MyCUmortgage signed 13 credit unions as new clients in 2023
With the addition of new partners serving 713,865 members, myCUmortgage says it's now helping nearly 200 credit unions originate, underwrite and service mortgage loans
by Matt Carter Jan 9
Clever acquires renter assistance, rewards app Gravy
Gravy’s core competency is in financial literacy and resources for renters, anchored by a loyalty program that sets aside a percentage of users' monthly rent payment for future homeownership
by Craig C. Rowe Jan 8
Airbnb vet Jonathan Mildenhall to unify Rocket's marketing efforts
The company's first CMO will be responsible 'for creating a unified and compelling voice for all businesses' under the Rocket umbrella, including Rocket Mortgage and Rocket Homes
by Matt Carter Jan 5
America's top loan officer foresees return to bidding wars, price gains
As Shant Banosian gears up to speak at Inman Connect New York in January, he sat down with Inman to discuss the landscape for mortgage lenders heading into 2024
by Taylor Anderson Jan 2
Rocket's new CEO Varun Krishna takes seat on board of directors
The mortgage lending giant's board of directors has been expanded from 7 members to 8 to accommodate the move. Krishna's term will expire at the company's 2026 annual meeting
by Matt Carter Dec 29
24 of the best ways to generate real estate leads in 2024
Whether you're looking to appeal to buyers or sellers, Jimmy Burgess offers a range of paid, low-cost and no-cost lead generation activities that are working now
by Jimmy Burgess Dec 14
Rocket Homes app puts listings on your car's infotainment screen
Integration with Apple CarPlay 'merges the house hunt with the open road' and turns the commute 'into an exciting and natural part of the homebuying journey.' Unless you drive a Tesla
by Matt Carter Dec 13
Automating verifications lets loanDepot OK loans in minutes
After months of beta testing, loanDepot's melloNow underwriting engine can analyze credit reports, detect fraud, and validate income and employment data without human assistance
by Matt Carter Dec 12
Fannie and Freddie 2024 loan limits upped to $766,550 in most areas
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
by Matt Carter Nov 28
Like a boyfriend, the perfect lender is experienced, well-funded: Triple-I
Neither brand recognition nor the promise of lower rates were as valuable to agents as a mortgage lender's ability to reliably obtain funding, according to results from the latest Inman Intel Index
by Matt Carter Nov 22
Playing the long game with effective lead nurturing
Post-pandemic real estate isn’t easy, according to Florida team leader Marcus Larrea. Here’s how to make sure you’re capturing as much business as possible
by Marcus Larrea Nov 21
First-timers 'significantly' less satisfied with mortgage lenders
Homebuyers don't just want good rates. They want lenders to solve problems that will keep them from getting to the closing table, annual JD Power mortgage customer satisfaction survey finds
by Matt Carter Nov 16
Mat Ishbia
The article alleges UWM CEO and Phoenix Suns owner is 'charting a risky path in both business and sports' but the Ishbia family is raking in the profits even when the company is losing money
by Matt Carter Nov 15
Better partners with Infosys to power mortgages for other lenders
Better, which has had a strategic partnership with Ally Bank since 2019, is looking to partner with more lenders by launching a white-labeled 'mortgage-as-a-service' platform with Infosys
by Matt Carter Nov 10