Freddie Mac spotlights lenders for promoting affordable loans
UWM, Rocket Mortgage and Fairway were enthusiastic backers of Freddie Mac's Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3% down
by Matt Carter May 15
Encompass users gain access to title data with Flueid integration
ICE Mortgage Technology's popular loan origination system connected to Flueid Decision for underwriter-backed title clearance decisions on properties
by Matt Carter May 12
Consumers finally get it: Mortgage rates are probably going down
More optimistic outlook of where mortgage rates are headed over the next 12 months drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than 2 years
by Matt Carter May 12
Mr. Cooper closing in on $1T portfolio with Home Point deal
After selling off originations businesses and laying off thousands of employees, Home Point agrees to sell itself — and $84B in mortgage servicing rights — for $324M in cash
by Matt Carter May 11
Regulator rescinds new Fannie, Freddie fee for riskier borrowers
Lending industry groups like the Mortgage Bankers Association called fee based on borrower's debt-to-income ratio 'unworkable'
by Matt Carter May 10
United Wholesale Mortgage shares tumble as originations fade
UWM CEO Mat Ishbia highlights 'operational profitability' as $337M write-down in fair value of mortgage servicing rights drives $138.6M Q1 loss
by Matt Carter May 10
Mortgage applications surged last week but rates are climbing again
Homebuyer applications for purchase mortgages rose 5% last week, but a strong jobs report and ongoing bank instability are pushing mortgage rates back up
by Matt Carter May 10
When it comes to buyer leads from mortgage lenders, you'll take 'em
In last week's Pulse, we wanted to know whether cultivating referral partnerships with lenders results in reliable, meaningful leads. Your opinion was clear
by Inman May 10
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
Big Purple Dot launches recruiting tool for mortgage lenders
BPD Recruit taps CoreLogic data to let lenders see who their competitors' most productive loan officers are, then automates the process of luring them away
by Matt Carter May 9
Ocrolus taps OpenAI to sift more mortgage apps — without humans
The document automator's analysis of borrower-supplied mortgage documentation provides 'full-stack capabilities,' helping lenders capture data fields, detect fraud and analyze cash flows
by Matt Carter May 9
EasyKnock acquires Ribbon in bid to launch national marketplace
The sale-leaseback platform plans to launch a marketplace later this year meant to serve homesellers and buyers, both individuals and investors, EasyKnock revealed to Inman exclusively
by Matt Carter May 8
Fed signals it may be done raising rates, but Powell won't talk pivot
Bank failures and potential debt ceiling showdown are wildcards for Federal Reserve policymakers weighing their next move as threat of recession looms
by Matt Carter May 3
Fannie and Freddie boost profits even as mortgage business tanks
Fannie Mae acquired $68B in single-family mortgages during Q1, the slowest period in more than 2 decades. Freddie Mac's $59B haul was the smallest since 2014
by Matt Carter May 3
Unlock homeownership with down payment assistance programs 
As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place
by Ernesto Vargas May 3