Strategic partnership with D2 Asset Management will help the shared equity pioneer go nationwide, after signing home equity agreements with more than 10K homeowners in 16 states
In a newly created role at Rocket Pro TPO, the former Sagent CEO is tasked with winning more business from mortgage brokers by leveraging Rocket's data, technology and AI capabilities
PCE price index shows inflation continued to cool in July, but at a gentle enough pace that Fed policymakers are now seen as likely to only bring rates down by a hair in September
The Fed doesn't have direct control over mortgage rates, but they've come down dramatically as investors are convinced policymakers will cut rates at their 3 remaining 2024 meetings
Shares in the cloud banking solutions developer are down 14% after it says that mortgage tech business acquired for nearly $1B has been a drag on growth but is expected to pick up
Victims have been cheated out of hundreds of thousands of dollars overnight, with imposters also gaining access to borrowers' sensitive personal information, California regulators say
Touted as faster and more affordable, Calque's new 'Contingency Buster' product is tailored to homeowners who don't need to tap their equity when buying their next home, executives say
Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires
HomeLight is now partnered with more than 10K loan officers and 28K real estate agents to offer Buy Before You Sell everywhere but Alaska, Massachusetts, New York and Rhode Island
Falling mortgage rates have more homeowners interested in refinancing, but homebuyers are largely staying on the sidelines. Rates may now be poised for a bigger drop
Affordability challenges will limit growth in home sales to 0.5% this year — to just 4.78M — before surging to 5.19M in 2025, according to the latest housing forecast from Fannie Mae economists
Title tech provider boosts revenue by 18%, halves EBITDA loss to $3M as $85M merger with Dallas, Texas-based title insurance underwriter Title Resources Group to close later this year
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
Investors see a September rate cut as a given, but the latest inflation data suggests recession fears are overblown and that the Fed will start out with a modest, 25-basis point reduction
Kiavi has packaged up more than $5.1B in 'residential transition loans' for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was bumped up to $400M
After growing agent count by 12%, the flat-fee brokerage said in Q2 earnings that it's poised for continued growth with new plans that pay a percentage of revenue generated by recruited agents
Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up
Cloud banking software provider continues to grow consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders
Austin, Texas-based fintech's flagship product, 'The Trade-In Mortgage,' helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation
Digital mortgage lender boosted Q2 loan production by 45% and says it's on track to originate more than $1B in mortgages in Q3 for the first time in 2 years, but losses continue to mount
