Homebuyers can start loan apps with Google or Facebook credentials
Floify claims it's the first first major mortgage point-of-sale software provider to offer Single Sign-On (SSO) capabilities
by Matt Carter Jul 7
Better hires new head of sales and VP of marketing
The company continues its quest to go public despite turmoil in the market. New executives are a mix of recent hires and internal promotions
by Taylor Anderson Jul 7
Forget what you know about retirees. Here's what they're looking for now
Opinion
Don't be discouraged if your newly retired homebuyer clients are taking their time. These clients know what they want and are willing to wait for the perfect home
by Luke Babich Jul 7
Mortgage rates easing on recession fears, but homebuyers not biting
Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren't rushing to apply for loans, according to a weekly survey of lenders
by Matt Carter Jul 6
Home price appreciation slowing at rate not seen since 2006
Although inventory shortages are starting to ease, falling sales are driving the trend as homes are less affordable then they've been since the mid-1980s
by Matt Carter Jul 6
Here's how you see the buyer's agent lawsuits shaking out
Opinion
This week, we asked for your views on the bombshell buyer's agent lawsuits. You had thoughts
by Inman Jul 6
CoreVest gearing up to make more bridge loans to flippers
Parent company Redwood Trust closes deal to acquire Portland, Oregon-based bridge loan provider Riverbend Funding LLC
by Matt Carter Jul 5
AnnieMac expands mid-Atlantic presence, acquires OVM Financial
Rising mortgage rates are prompting some lenders to downsize to adapt to changing market conditions. But the market shift is also expected to drive mergers and acquisitions
by Matt Carter Jul 1
PIMCO saw a bright future for now-bankrupt mortgage lender FGMC
Investment management firm acquired nonbank mortgage lender First Guaranty Mortgage as part of broader strategy to serve lower end of market
by Matt Carter Jul 1
Making $67K? That's no longer enough to buy the typical US home
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
by Daniel Houston Jun 30
Don't let the market define you: 3 ways to reset your attitude
Opinion
The recent market shift has some real estate professionals responding out of fear. Instead, dig down and get in touch with the fundamentals to develop a service-oriented approach that will win the day
by Todd Duncan Jun 30
First Guaranty Mortgage files for bankruptcy protection from creditors
Chapter 11 filing will allow the non-QM lender leeway to submit a plan of reorganization to keep its business alive and pay creditors over time
by Matt Carter Jun 30
Property marketplace Sundae cuts 15% of its workforce
Sundae, which lets homesellers sell their properties as-is to investors without hiring a real estate agent, said layoffs were targeted to its newest markets
by Matt Carter Jun 29
Roostify, Indecomm aim to expedite gig workers' mortgage applications
The partnership integrates Indecomm's automated income calculation technology, IncomeGenius, into the Roostify Beyond platform to analyze income of self-employed borrowers
by Matt Carter Jun 29
Homebuyers are beginning to seek smaller mortgages as rates rise
Average purchase mortgage request has shrunk by 10% since March, to $413,500, as demand picks up for FHA, VA and USDA purchase loans favored by many entry-level buyers
by Matt Carter Jun 29
Here are your top tips for luxury agents in today's market
Opinion
This week, we asked: How have the past couple of years redefined the luxury market and changed what it takes to be a luxury agent? Here are your responses
by Inman Jun 29