Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans
May 11
Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180M per year, according to a Q1 earnings call on Tuesday
May 11
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
May 11
Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss
May 10
Title insurance premiums surged 36% in 2021 to a record $26.2B as low mortgage rates spurred refinancings, according to an analysis by the American Land Title Association
May 10
A record low 19 percent of Americans say it's a good time to buy a home, according to a monthly survey Fannie Mae's been conducting since 2010
May 9
Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years
May 8
Intercontinental Exchange Inc. envisions building a 'life of loan' mortgage platform that will produce cost saving efficiencies that benefit consumers
May 5
The real estate services platform and residential brokerage saw quarterly revenue grow 81% from a year ago, to $90.1M, as Fathom Realty added more than 3,000 agents in Q1
May 5
Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet
May 4
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
May 4
With $115M in Series C funding, Point plans to be in 28 markets within a year
May 3
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
May 3
If mortgage rates rise by another half a percentage point — or if home prices go up another 5% — affordability will hit the worst levels on record, Black Knight warned on Monday
May 2
The commercial behemoth is ramping up spending by as much as $220M, with 'well over' 1,000 people overhauling its residential websites, CoStar CEO Andy Florance said during earnings call
Apr 29
Site operator Altisource posts its first quarter of sequential revenue growth in nearly 3 years, according to a quarterly earnings call Thursday
Apr 29
One-fifth of prospective homebuyers polled would also be willing to put in an offer immediately, according to Bank of America's annual Homebuyer Insights Report, released Thursday
Apr 28
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
Apr 28
The Power Buyer has doubled its geographic footprint since its $100M Series D round and now has a presence in 13 markets
Apr 27
With $7M in Series A funding, the shared equity startup will launch a homebuyer solution that allows buyers to double their down payments
Apr 27