Clever teams with Total Expert to land more lenders and homebuyers
Clever's integration of Total Expert's CRM and customer engagement platform could help the company drum up homebuyers who aren't already working with real estate agents
by Matt Carter Aug 23
Attorney title opinions could give title insurers a run for their money
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that's designed with Fannie Mae and Freddie Mac's new guidelines in mind
by Matt Carter Aug 23
Home sales projected to fall 16.2%, Fannie Mae says in new forecast
Economists expect 5.78 million homes to change hands this year, representing a 16.2% decline from a year ago — a steeper drop than the 15.6% pullback forecast in July
by Matt Carter Aug 22
Mortgage lenders use tech and local ties to grow national footprints
Atlanta-based direct mortgage lender Silverton Mortgage, a Snapdocs client, has added new branches in the Carolinas, Arkansas and Missouri over the past year
by Matt Carter Aug 19
Nationwide appraisal ethics rule changes postponed until 2024
The Appraisal Foundation’s Appraisal Standards Board says it needs more time to assess proposed changes designed to close the door to discrimination
by Andrea V. Brambila Aug 19
Doma announces more layoffs as cumulative losses top $300M
Layoffs of 561 workers will generate $70M in annual costs savings, buying time for title insurer to adapt its 'instant underwriting' technology for purchase loans
by Matt Carter Aug 19
First American touts Procision as 'next-generation' valuation model
The three Procision AVM solutions, offered at different price points, are tailored to fit specific needs and budgets of such clients as lenders, servicers and capital market decision makers
by Matt Carter Aug 18
Better HoldCo partners with Palantir on mortgage marketplace
Better describes the Tinman Marketplace as 'the next evolution of Better's proprietary loan platform,' powered by Palantir’s Foundry operating system
by Matt Carter Aug 17
Chinese real estate crash sparks mortgage boycotts
In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay
by Daniel Houston Aug 17
Demand for mortgages hits lowest level in more than 20 years
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said
by Matt Carter Aug 17
Here's where you stand on CRMs: Pulse
Opinion
This week, you let us know where you stand on CRMs, including whether they're indispensable or more trouble than they're worth
by Inman Aug 17
Blend cuts another 220 jobs as losses approach $1B
As cumulative losses climb toward $1B, co-founder Nima Ghamsari still plans to lead a 'once-in-a-lifetime industry transformation' powered by the mortgage tech and title insurance provider
by Matt Carter Aug 16
The 25 fastest-growing real estate companies on the Inc. 5000 list
Mortgage, proptech, investment and property management companies ranked high among Inc.'s annual list of the fastest growing US companies, including names like Orchard and Ribbon
by Lillian Dickerson Aug 16
LoanDepot accelerating layoffs, exiting wholesale business
The lender plans to boost revenue by growing purchase loan business and loan servicing portfolio, with digital HELOC also in the works, according to a second-quarter earnings call
by Matt Carter Aug 15
Wells Fargo reportedly eyeing 'major retreat' from mortgage
Executives are concerned about reputational risk of correspondent lending channel, which has historically accounted for as much as half of the bank's home loan business, Bloomberg reported
by Matt Carter Aug 15
Rocket scores another deal to provide home loans through banks
Lenders earn a new source of income by integrating Rocket Mortgage's digital mortgage application into an online banking platform developed by Q2 Holdings Inc.
by Matt Carter Aug 12