Opendoor is in $62M worth of legal trouble: The Real Word
Opinion
This week, Byron Lazine discusses Opendoor's recent $62M settlement of its legal troubles with the FTC plus a flawed study of days on market
by Byron Lazine Aug 8
Santander Bank sends homebuyers to Rocket Mortgage for loans
The bank's website is set up to funnel homebuyers to RocketMortgage.com, where Santander customers are informed they're eligible for special loan pricing and a savings of $500 at closing
by Matt Carter Aug 5
Rocket stays profitable by a hair in Q2 after cutting $300M in expenses
In addition to shedding workers, the parent company of the nation's biggest lender trimmed marketing, production and other vendor-related costs to beat cost-cutting goal
by Matt Carter Aug 5
New twists on home lending create opportunities for agents
As technology changes the way people think about homeownership, real estate agents will still be part of the picture say execs of EasyKnock, Flyhomes and Zillow at Inman Connect Las Vegas
by Matt Carter Aug 4
Virtual brokerage Radius launches mortgage arm in California
The company's move into mortgage lending comes on the heels of a $14M Series A round led by Trulia co-founder Pete Flint's NFX Ventures
by Matt Carter Aug 4
Agents, brokers advised to seize the moment as mortgage rates retreat
Seek lenders who have the tech, people skills and product set to get would-be homebuyers off the fence and to the closing table, Knock and Maxwell executives told attendees at Connect Las Vegas
by Matt Carter Aug 4
Power Buyers ready to power through market shift
While funding may be scarce for real estate startups, Power Buyers Knock and HomeLight CEOs Sean Black and Drew Uher said at Inman Connect, they aren't having trouble securing capital
by Matt Carter Aug 3
Will lower mortgage rates revive homebuyer demand?
The largest weekly decline in mortgage rates since 2020 sparks increase in home loan applications after 4 weeks of declining demand, MBA's survey says
by Matt Carter Aug 3
These are the tech tools that are totally worth learning: Pulse
Opinion
This week, you told us which tech tool is so game-changing it's worth taking that class or watching that tutorial
by Inman Aug 3
Vaultedge now helping mortgage lenders automate in the cloud
AI-powered document recognition and data extraction software is now available to mortgage lenders and servicers through cloud marketplace Microsoft AppSource
by Matt Carter Aug 2
Endpoint rolls out enterprisewide closing solution for proptechs
The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications
by Matt Carter Aug 2
Knock unveils new plan to help homebuyers reduce mortgage rate
Interest-free home equity advances to Knock Home Swap clients can be used to buy down mortgage rate or make a bigger down payment
by Matt Carter Aug 2
Rocket rolls out home equity loans for debt consolidation
A new product for paying off high-interest credit card debt will be offered to millions of users of Rocket's personal finance app, Truebill
by Matt Carter Aug 1
Home prices down from peaks in quarter of nation's top 50 markets
Falling sales are driving inventory growth, but it will take more than a year at the current rate for listings levels to get back to normal, according to Black Knight's latest monthly Mortgage Monitor Report
by Matt Carter Aug 1
Buyer interest creeps upward as mortgage rates inch down
Redfin's Homebuyer Demand Index increased 15 points since June 15, reversing 10 straight weeks of decreasing demand that started in mid-April
by Ben Verde Jul 29
Fannie Mae brings in net income of $4.7B in Q2
Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday
by Marian McPherson Jul 29