More properties are equity-rich than ever before
14.5 million homes in the US are now worth more than twice the cost of their loans, according to data firm Attom
Got $10? Become a new-home investor with Groundfloor
The Atlanta-based company lets investors at any level help developers build homes. The first loans are being used in North Carolina to build three $600k homes
by Craig C. Rowe Nov 2
Wall Street
The fear of being disrupted is real, but these leaders are taking a proactive approach
by Lew Sichelman Oct 26
Startup Ribbon raises $225M to be the credit card for homebuyers
The Charlotte-based startup announced it will back buyer offers with cash at no cost, and plans expansion into 10 new markets in 2019
by Jim Dalrymple II Oct 25
Why the housing market will stay strong through 2021
Peaking mortgage interest rates and millennial demand will keep home sales growing over the next five years, according to the Mortgage Banking Association
by Lew Sichelman Oct 23
Rising interest rates cost homeowners an extra $1,416 per year
As the Fed raises short-term interest rates, buyers are paying the price with higher monthly mortgage payments
by Marian McPherson Oct 16
A woman researching in a dictionary
Mortgage Translations provides English translations of important documents for Spanish speaking borrowers
by Marian McPherson Oct 15
Total Expert raises $20M, plans expansion into insurance, wealth management
The Minneapolis company provides mortgage marketing software to banks and is among America's fastest-growing
by Craig C. Rowe Oct 15
Student loan marketplace Credible.com jumps into mortgage industry
Credible CEO Stephen Dash describes how he plans to revolutionize the mortgage loan origination industry
by Marian McPherson Oct 12
Mike Cagney, co-founder and CEO of Figure
Mike Cagney resigned from SoFi in 2017 due to sexual harassment allegations. Now he's back with a new startup, Figure, and a digital home equity loan product.
by Marian McPherson Oct 12
Can this app reduce escrow to 10 days for homebuyers?
LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals
by Craig C. Rowe Oct 11
3 ways real estate agents can help renters become homeowners
Agents in NYC, Chicago and Fargo show how a little guidance and education can lift renters to homeownership
by Marian McPherson Oct 9
Delinquency rate hits new low
In July, mortgage delinquency fell to 4.1% while foreclosures dropped to .5%, according to new CoreLogic analysis
LendingTree acquires QuoteWizard for over $300M
The move helps the lending giant expand further into the insurance space
Redfin Mortgage launches in Colorado, its 10th market
The Seattle-based tech brokerage's home loan program is also extending a $1,000 bonus for new borrowers in the state
by Patrick Kearns Oct 4
CFPB
Eric Blankenstein, who oversees fair lending enforcement within the Consumer Financial Protection Bureau, used N-word multiple times in the unearthed blog post from 2004
by Patrick Kearns Oct 2