United Wholesale Mortgage is gunning for retail rivals' customers
United Wholesale Mortgage, the nation's biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages
by Matt Carter Sep 7
Here are the biggest marketing mistakes you see agents making: Pulse
Opinion
This week, you told us about the biggest marketing mistakes agents make, from failure to launch to failure to follow-up and more
by Inman Sep 7
US home equity has reached new heights. What happens next?
Gains in household real estate equity have far outpaced growth in US mortgage debt, according to new numbers from the Federal Reserve board
by Daniel Houston Sep 6
Mortgage company Homepoint laying off 'hundreds' of workers
The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100M a year in response to an 'extremely challenging' lending environment
by Matt Carter Sep 2
The 40-year fixed-rate mortgage is back
Nonbank mortgage lender Newrez says 40-year, interest-only loans will help borrowers and investors who have been priced out of today's housing market
by Matt Carter Sep 2
LoanDepot, appraiser sued after 'whitewashed' home's value surges
Dr. Nathan Connolly and Dr. Shani Mott alleged fair housing and civil rights violations after a second home appraisal came back $278K higher when they removed any indication of their race
Bank of America zero-down loan marketed to Black, Latinx buyers
The new zero down, zero closing cost mortgage Community Affordable Loan Solution is part of a $15B commitment to help 60,000 individuals and families purchase homes by 2025
by Matt Carter Sep 1
Cornerstone Home Lending to become a bank
Approval by bank regulators will allow Cornerstone to 'significantly expand' product and service offerings to hundreds of thousands of customers and referral sources nationwide
by Matt Carter Aug 31
Realtor.com's Move takes a stake in lender matching service Own Up
The partnership was announced along with a $25M funding round led by Brand Foundry Ventures, with participation by Move and existing investors Link Ventures and Listen Ventures
by Matt Carter Aug 31
Mortgage rates, home prices continue to weigh on buyer demand
Purchase applications have declined in 8 of the last 9 weeks, according to a weekly survey by the Mortgage Bankers Association released on Wednesday
by Matt Carter Aug 31
Here's the marketing that feels out of date but still works like a charm
Opinion
As we jump into Marketing and Branding Month, we wanted to know: What marketing may feel out of date but still works like a charm?
by Inman Aug 31
Borrower surveys pinpoint closings as problem area for lenders
Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings
by Matt Carter Aug 30
The deadline to take Better.com public has been extended again
Better still searches for options to remain a private company as the deadline to become a publicly traded company was pushed to March 8, according to a filing with the SEC
by Taylor Anderson Aug 29
Mortgage rates hold steady after Fed inflation warning
Fed Chair Jerome Powell's Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on slowdown next year
by Matt Carter Aug 26
Reali closing its doors and laying off most of its workforce
California-based real estate brokerage and power buyer cites 'challenging real estate and financial market conditions and unfavorable capital-raising environment'
by Matt Carter Aug 25
Qualia's new API could help companies scale digital title ops
Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards
by Matt Carter Aug 24