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
Tomo is launching an appraisal coverage guarantee for homebuyers
Eligible borrowers will be able to close on a winning bid with the same cash to close, monthly payment and interest rate — even if the appraisal comes in low
by Matt Carter Aug 24
First-time homebuyers may be driving FHA, VA loan surge
Applications for government-backed purchase mortgages were up 4% week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association
by Matt Carter Aug 24
Tell us about a time that tech totally screwed you over: Pulse
Opinion
This week: Whether it was user error or a glitch in the matrix, tell us about a time tech totally screwed you over
by Inman Aug 24
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