7 executive hires in 2024 included Dana Abernathy, who will expand the company's mortgage servicing operations, and Mike Iorio, who is tasked with growing homebuilder partnerships
Jul 24
Applications for purchase mortgages dropped last week for the 2nd week in a row as rising home prices continue to shut many would-be homebuyers out of the market: MBA survey
Jul 24
CFO Pat Theodora taking over as CEO after Iannitti, a pioneer of numerous paperless processes including eVault and eSign capabilities, died unexpectedly of complications from pneumonia
Jul 23
As for-sale listings continue to surge, many would-be homebuyers are still having trouble finding properties that they can afford. Prices are already coming down in some markets
Jul 23
Lending industry leaders surveyed by Fannie Mae see the lack of housing supply as the biggest risk factor in 2024, but most expect refinancing to pick up next year if rates continue to fall
Jul 22
In what's shaping up to be transformational year for the company, Sagent has revamped its leadership and launched Dara platform to handle every phase of mortgage loan servicing
Jul 22
Veteran KBW analyst Ryan Tomasello will be talking about the 'watershed moment' that could lead to consolidation and innovation across the real estate industry at Inman Connect Las Vegas
Jul 22
Payment processing technology developed by REPAY is now available to loan servicers through ICE Mortgage Technology's Servicing Digital solution, a customer engagement and retention tool
Jul 19
Launched during the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System will be updated this weekend as part of a multi-year modernization project
Jul 18
Former Fannie Mae and Freddie Mac chief executives Tim Mayopoulos and Michael DeVito are joining a newly formed advisory board in conjunction with funding round led by Khosla Ventures
Jul 17
One issue for would-be homebuyers seeking jumbo mortgages is that rates haven't come down as dramatically as they have for conforming mortgages eligible for purchase by Fannie and Freddie
Jul 17
More than 7,500 loan officers in all 50 states have access to cash offers that can be approved in as little as an hour; NEO Home Loans, American Financial Network are among the biggest partners
Jul 16
Appraisal management company Solidifi and lending giant Rocket Mortgage are also charged with violating the Fair Housing Act in 2021 refinancing request. Rocket says it expects to prevail
Jul 16
3 in 4 Americans are planning to buy the next time they move, but many are overestimating minimum down payment, credit score underwriting requirements, according to a new Fannie Mae study
Jul 16
The Appraisal Foundation will establish $1.22M scholarship fund to help aspiring appraisers get training and fulfill experience requirements said to have contributed to lack of diversity
Jul 12
Real estate marketing and technology company used by more than 400,000 agents nationwide hired AI startup executive Eric Elfman in June to replace founder York Baur as CEO
Jul 11
Rates surged and then pulled back last week in what could foreshadow more election-year volatility in the months ahead. Powell tells Congress Fed will remain above the fray
Jul 10
EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and make non-contingent offer to buy before they sell
Jul 10
After cutting nearly 500 jobs following Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida
Jul 9
Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks
Jul 8