lenders

Nashville, Tennessee-based lender to serve entrepreneurs and gig workers nationwide, accepting alternative forms of income and assets including cryptocurrency

Ad marketplace is first to implement Optimal Blue's new lead-quoting application programming interface, allowing ads to display rates from multiple lenders

More consumers are coming around to economists' views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae

Mortgage rates remain well below 2022 highs as the spring homebuying season approaches, according to a weekly lender survey by the Mortgage Bankers Association

Michigan-based credit union expands into Florida by closing merger with Tampa-based First Citrus Bank. Full product and service integration is expected by mid-2023

Illinois-based bank hires new mortgage ops director and will add 30 new mortgage loan officers to expand into Arizona, Connecticut, Florida, Massachusetts, New York and Rhode Island

Merger with Roscoe State Bank means the Houston-based company's loan officers are now federal mortgage loan originators who can offer purchase loans and refinancing in 37 states

The Association of Independent Mortgage Experts, a trade group representing mortgage brokers, launched a PAC and more than doubled its spending on lobbying in 2022

Mortgage data analytics provider that's pioneering attorney title opinion letters expanded digital asset capabilities in September with $101M Blue Water acquisition

The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to 'right size' and helped crown a new leader in mortgage lending

Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down from 2022 peaks

Homebuyer affordability could improve by 9% by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts

Deal that values Suns and Mercury at $4B sets the stage for nation's largest mortgage lenders, United Wholesale Mortgage and Rocket Mortgage, to be court rivals

Coraopolis, Pennsylvania-based BCHH provides national title and settlement services to mortgage servicers, real estate investors, asset management companies and government entities

Federal regulators allege bank improperly denied thousands of mortgage loan modifications over at least 7 years, in some cases leading customers to lose their homes

Fannie Mae economists not quite as gloomy about 2023 home sales outlook as mortgage rates retreat from 2022 highs and with potentially more room to ease

Federal regulations provide 'zero tolerance' for miscalculating real estate transaction taxes when providing TILA-RESPA integrated disclosure to borrowers, Black Knight warns

50 basis points 'is still a historically large increase and we still have some ways to go,' Fed Chairman Jerome Powell warns after policymakers wrap up final meeting of the year

This year's acquisitions of LemonBrew Lending and Expetitle pave the way for the company to provide end-to-end services to homebuyers in many markets

Harris Poll: 71% of Americans would be hesitant to move due to economic uncertainty over concerns such as interest rates, inflation or a recession

The growing marketing platform counts multilocation brands, such as Ace Hardware, Ford Motor Company and Smashburger as clients

Fannie Mae's National Housing Survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit

$8.5M seed funding round led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village Global

Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor

After laying off workers in May, Tomo is in expansion mode again with launches in Maryland, New Jersey, Oregon, Pennsylvania, Virginia and Washington D.C.

Subsidiary of First Community Bank of Tennessee announced Midwest expansion in October and has also been recognized for its efforts to reach a diverse population of borrowers

Dave Smith joined Keller Williams in 2021. He presided over the firm's lending efforts during a period of increasing difficulty for the mortgage business

Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to MBA lender survey

The big run-up in home prices may have cooled, but the 2023 conforming loan limit will be increased by 12% to $726,200 in most parts of the country

Economists forecast mortgage rates will continue to fall as Federal Reserve minutes suggest policymakers are preparing to wind down an aggressive campaign to fight inflation

After paymints.io deal, First American is evaluating additional third-party integrations to simplify transactions from point of sale to handing over the keys

Shopping around can save thousands of dollars, but 1 in 3 prospective homebuyers only get a quote from one lender, Fannie Mae surveys show

CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren't fully informed of their options

Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans

Lawrence Yun expects employees to spend 25% to 35% less time in the office, keeping downward pressure on office rent. The multifamily sector also saw prices drop with high borrowing rates

Rates for several types of mortgages fell more than half a percentage point Thursday, with 30-year fixed-rate mortgages averaging 6.62%

JD Power warns that the mortgage customer experience is increasingly commoditized, with few lenders finding the right formula to be seen as trusted advisers

San Diego-based BluPeak is the 9th credit union Black Knight has signed to use its mortgage loan origination system in the last 12 months

A Better.com employee filed suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. 17 others may have also been on leave

The layoffs are the second round of job cuts from the end-to-end platform pioneer this year. They also add to thousands of other real estate layoffs in 2022

Fannie and Freddie remain profitable but are setting aside pots of money to cover future losses in the event that falling home prices drive up defaults

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.

Federal Reserve Chairman Jerome Powell says pace of rate hikes could slow but may ultimately need to go higher than policymakers had forecast at their September meeting

NHC Mortgage will offer home loans in Florida, Iowa and North Carolina, with plans to expand to 9 other states in 2023

Latest funding round, led by Fifth Wall with participation by Fidelity National Financial, RWT Horizons and 1Sharpe Ventures, brings total funding to date to $13.5M

Technology-forward real estate brokerage Prevu has acquired the remaining lending service assets of its collapsed West Coast competitor, San Mateo, California-based Reali

The expansion comes as 85% of homeowners with a mortgage have a rate far below the current 7% yet high equity in their home. Splitero said expansion plans will continue in other states in 2023

Several Fed policymakers have hinted that they'd be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease

FCM lures talent from PrimeLending and invests in technology and diversity to fuel growth as mortgage rates force many lenders to downsize

New branded client portal lets homebuyers apply for loans, review documents and e-sign disclosures and closing documents

Unique IDs created by Nationwide Multistate Licensing System can reveal competitors' loan originations by product, loan amount, geography and loan officer

Integration with Freddie Mac's HomeCoach tool lets housing counselors access automated underwriting tools used by mortgage lenders

Black Homeownership Collaborative also asks HUD to ditch a 'life of loan' requirement that forces homeowners to continue paying mortgage insurance premiums in perpetuity

The deal is the second Lender Price has announced this week to provide broader access to its marketplace product, pricing and eligibility engine

Economists at Fannie Mae project national home prices to decline by 1.5% and home sales by 21% in 2023 as Fed continues inflation fight

A rate index published by Mortgage News Daily shows rates on 30-year fixed mortgages averaging 7.14 percent on Tuesday

Integration of Lender Price product and pricing engine enables CMS clients to source, price and lock mortgage loans in real time

The company says its software locks down the typically manual process surrounding the payoff request with machine learning to verify the wiring instructions

The Irving, Texas-based lender is also reportedly in negotiations to sell its retail mortgage division, which employs about 1,000 loan originators nationwide

The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand

Brian Brown and Tina John are tapped to fill openings created by the retirement of two top executives, Julie Booth and Angelo Vitale

Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding

The acquisition and merger with Roscoe State Bank pave the way for the lender to provide new products, services and resources through advanced technologies

The nation's largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs

As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw premiums written drop by 18.4% from a year ago

Former JP Morgan Chase Director Priscilla Almodovar leads Enterprise Community Partners, which has business ties to the mortgage giant

As lenders pivot to serve homebuyers, RE/MAX franchisor's 'mortgage brokerage-in-a-box' also makes separate list of top franchise opportunities for Black entrepreneurs

A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since, according to a new analysis by Redfin

With backing from Canadian software giant Constellation Real Estate Group, Constellation Mortgage Solutions will debut its new NOVA loan origination solution at MBA annual conference

'Strategic partnership' is a win for mortgage tech and title insurance provider Blend, which has cut its workforce by about 25% this year and racked up an accumulated $995M deficit

Agents working under the banner of Real can now extend mortgage services to their clients as a result of the company's acquisition of LemonBrew Lending

As mortgage rates rose in recent weeks, so did home prices and purchase-loan applications. It's a strange time, a Redfin economist says

Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate trimming of $9T balance sheet

Even though the economy is probably headed for a recession next year, the Fed is seen as having a ways to go before inflation is under control

Eliminates the need for paper checks by allowing title and real estate agents to request and receive electronic disbursement of earnest money and cash-to-close funds within the platform

MI Underwriting pulls documents and data directly from lenders, allowing mortgage insurers to make instant policy decisions at half the cost

Rocket Mortgage rolls out 'Inflation Buster' mortgage, which provides a lower rate for 1 year, as it battles rival United Wholesale Mortgage for homebuyer market share

The housing market remains stilted by high mortgage rates with hopes for a turnaround dim, according to the Federal Reserve

The NAR, MBA and NAHB argue that the Federal Housing Administration is flush with cash, and that delinquency rates on FHA loans have returned to pre-pandemic lows

Purchase loan applications fell 29% from the same period last year, the result of rising rates that are double their levels from 2021, according to the Mortgage Bankers Association’s weekly index

IThink Financial, the 8th credit union to sign up for Empower since December, will use the mortgage loan origination system to provide home loans to more than 100,000 members

Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change

The Michigan-based lender's 'name, image and likeness' deal with men's football and basketball teams has expanded to encompass women's basketball and volleyball

No sign of a rebound in purchase applications, but August data showing a strong job market 'should support housing demand,' MBA economist says

Moves by Rocket and United Wholesale Mortgage could help borrowers get better rates and make smaller down payments when taking out loans that were previously classified as jumbo

The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment

Dr. Nathan Connolly and Dr. Shani Mott alleged fair housing and civil rights violations after a second home appraisal came back $278K higher when they removed any indication of their race

Approval by bank regulators will allow Cornerstone to 'significantly expand' product and service offerings to hundreds of thousands of customers and referral sources nationwide

The partnership was announced along with a $25M funding round led by Brand Foundry Ventures, with participation by Move and existing investors Link Ventures and Listen Ventures

Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings

Better still searches for options to remain a private company as the deadline to become a publicly traded company was pushed to March 8, according to a filing with the SEC

Fed Chair Jerome Powell's Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on slowdown next year

Clever's integration of Total Expert's CRM and customer engagement platform could help the company drum up homebuyers who aren't already working with real estate agents

Atlanta-based direct mortgage lender Silverton Mortgage, a Snapdocs client, has added new branches in the Carolinas, Arkansas and Missouri over the past year

The three Procision AVM solutions, offered at different price points, are tailored to fit specific needs and budgets of such clients as lenders, servicers and capital market decision makers

Better describes the Tinman Marketplace as 'the next evolution of Better's proprietary loan platform,' powered by Palantir’s Foundry operating system

In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay

Mortgage, proptech, investment and property management companies ranked high among Inc.'s annual list of the fastest growing US companies, including names like Orchard and Ribbon

Lenders earn a new source of income by integrating Rocket Mortgage's digital mortgage application into an online banking platform developed by Q2 Holdings Inc.

Like much of the industry, Zillow's mortgage operation, which includes Zillow Home Loans, has seen a steep decline in revenue and continues to burn cash

Purchase loan activity has dropped in 5 of the last 6 weeks as some buyers remain wary, according to the Mortgage Bankers Association

Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company's 'buy with cash' product, according to a spokesperson

A new product for paying off high-interest credit card debt will be offered to millions of users of Rocket's personal finance app, Truebill

J.D. Power's annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26% higher when mortgages are originated and serviced by the same company

The mortgage giant generated more than $2.5B profit and grew its mortgage portfolio despite dramatic declines in new purchase loans and refinancing

The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise

The number of adjustable-rate mortgages offered to consumers has more than tripled from the 1st half of 2021 to the 1st half of 2022, according to a new report by LendingTree

Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced

REdistribute, a joint venture formed by California Regional MLS and Bright MLS, plans to deliver aggregated MLS data to financial institutions starting in 2023

Rising mortgage rates are prompting some lenders to downsize to adapt to changing market conditions. But the market shift is also expected to drive mergers and acquisitions

Mortgage payments are as high as it's been in recent memory. But a sudden slowdown in growth may spell a turning point for the market

A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800M project fell through

The number of vacant properties going through the foreclosure process is up once again to just over 7,500 in Q2, according to Attom Data Solutions, even as fewer total properties lie vacant

Affordability challenges mean some sellers are reducing asking prices, but demand for homes continues to outpace supply, says First American Chief Economist Mark Fleming

As mortgage rates continued to retreat from highs set the first week in May, demand for purchase loans was essentially flat last week, according to MBA's Weekly Mortgage Applications Survey

Powered by Accept.inc, Homepoint Cash Compete program is available at launch in six states: California, Colorado, Minnesota, Oregon, Texas and Washington

Just 60.7% of home offers crafted by Redfin agents encountered competition in April — the lowest level since March 2021

Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'

Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday

Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans

Online mortgage marketplace focused on homebuyers has doubled its headcount over the last year to 70, as it continues to pursue a goal of serving homebuyers nationwide

Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss

Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years

Buyers have watched mortgage rates shoot from 3% to 5% this year alone, and that common refrain — 'Is it really the best time to buy?' — is always top of mind for clients, agents told Inman

Uptick in loan requests is 'potentially a good sign for the spring home buying season, which has seen a slow start thus far' says MBA forecaster Joel Kan

Rocket Mortgage and Amrock, Rocket’s title and settlement company, are offering buyouts to 8% of its workforce while Wells Fargo confirmed with Inman that it laid off employees last week

Shortly after the Biden administration announced its plan to end housing discrimination, HUD Secretary Marcia Fudge said the department is taking a more hardline approach to enforcement

Having recently expanded into the Midwest and Mid-Atlantic regions, the company is on track to having a presence in 17 states

BeSmartee's lender clients now have access to MeasureOne's automated income and employment verification capabilities, a partnership that will allow lenders to process loan applications faster

Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31% from February likely driven by borrowers moving to secure loans before rates rise

The origination and underwriting platform allows homeowners to borrow up to 90% of their home’s 'future value' — after remodeling is complete

Hawaii, Nevada, New Hampshire and New York are the final states to check off in order for Ally to realize its goal of providing digital mortgages nationwide

For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests

Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources, helping appraisers complete accurate desktop appraisals

Despite record-high prices, homes remain much more affordable for buyers than they were in 2006, but buying power has taken a big hit lately

The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers

Approved by a bankruptcy judge Monday, the $126M sales price for 'The One' caps a decade-long saga of construction delays and price overruns. Approval came over objections from creditors

Realfinity co-founder Erwin Robert Hirt's mortgage companies have been involved in litgation over loan officer compensation and suspected client data breach

The lender says credit scores, home appraisals and broader inequities in the U.S. economy explain the higher approval rates for white borrowers

It used to be that a condo was where you took a buyer who couldn’t pass a co-op board. Now, however, it's easier for developers to finance a condominium and simpler for buyers to apply

Rates are rebounding as bond market investors weigh the prospect that the economic fallout from Russia’s invasion of Ukraine could eventually lead to higher energy costs that fuel inflation

The median home-sale price rose to an all-time high of $363,975 in February, and Russia’s war on Ukraine is partially to blame, a new Redfin report says

Loan activity dropped 11%, the fastest rate of decline since 2019, according to Attom Data Solutions. Refinance, purchase, home-equity mortgages were down in the fourth quarter of 2021

Fifth Wall had planned to raise up to $150M to create a SPAC focused on investing in the real estate industry. The company would have traded on the Nasdaq under the ticker FWAB

Rising home prices don't always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze

The LoanDepot founder and CEO has racked up $2.2 million in paper losses on the 3.15 million shares in the company he's bought since November

While cash may be king in some markets, closing with greenbacks may not always be the best option for homebuyers or sellers