Independent mortgage lender is now sending homeowners who are interested in converting their home equity into cash over to EasyKnock to explore a sale-leaseback
Homebuyers can use the Knock Home Swap Equity Advance in conjunction with a purchase loan from any lender to make a non-contingent offer when buying their next home
The mortgage giants' federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases starting May 1
National home prices are projected to fall 6.7% over the next 2 years, with sales also expected to drop 21% this year to a level not seen since 2010, Fannie Mae forecasters said
Layoffs come a week after the shutdown of RealSure, Home Partners' iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management
Executives at pioneering iBuyer see tremendous opportunity if they can negotiate today's challenging 'in-between' phase where buyers and sellers are on the fence
After 2 months of declines, mortgage rates are now at their lowest level since September with potential to spur spring homebuying: MBA economist
Lower's 'mortgage as a service' platform lets brands offer digital-first mortgages through application programming interface and no-code solutions
Biggest redlining settlement in DOJ history is 5th enforcement action since launch of initiative to combat redlining in 2021, with $75M in relief to date. Bank denies it engaged in redlining
Requests to refinance accounted for 31% of all loan applications last week, well below the past decade’s average of 58%, according to a weekly MBA lender survey
Executives hope to reduce risk by reducing the size and narrowing the focus of bank's mortgage business to better serve retail customers and minority communities
Blend also announced the resignations of President Timothy Mayopoulos, Head of Finance Marc Greenberg and Head of Legal Crystal Summer amid a round of cuts impacting about 340 workers
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
