Polly integrated with all 6 primary mortgage insurers
Ability to retrieve quotes helps borrowers assess their options and streamlines the mortgage insurance process for lenders
by Matt Carter May 15
Redfin economist: The Fed can change its mind
Abrupt policy shift not expected, but Fed chair confirms that, 'If things come in better than we expect, then we’re prepared to do less'
by Matt Carter May 13
Blend Labs sees Q1 loss soar by 167% as rising rates curb refis
Blend's net loss for the quarter — up 167% from a year ago — came despite a 124% year-over-year increase in revenue, to $71.5M, according to an earnings call on Thursday
by Matt Carter May 13
As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020
Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday
by Marian McPherson May 12
Homeowner equity increased 3% during Q1
Nearly 45% of homes in the country were considered equity rich, up from 41.9% in the fourth quarter. But the rising values are creating barriers for first-time buyers
by Ben Verde May 11
Digital title insurer Doma laying off 310 employees as refis plummet
Executives say layoffs will save the company about $30M a year and help it bring its technology to bear on purchase mortgages
by Matt Carter May 11
Homebuyers showing 'some resiliency' to higher rates
Demand for purchase mortgages increases for a second week in a row, but borrowers are increasingly turning to adjustable-rate loans
by Matt Carter May 11
Rocket says it's preparing for further declines in mortgage profits
Buyout offers to approximately 2,000 workers are expected to save nation's biggest mortgage lender roughly $180M per year, according to a Q1 earnings call on Tuesday
by Matt Carter May 11
Morty now providing jumbo mortgages up to $3M in 44 states
Online mortgage marketplace focused on homebuyers has doubled its headcount over the last year to 70, as it continues to pursue a goal of serving homebuyers nationwide
by Matt Carter May 11
LoanDepot to lay off workers as originations plunge 48%
Mortgage lender suspends its quarterly dividend after posting a $91.3 million first quarter loss
by Matt Carter May 10
Zillow flexes in the face of a cooling market: DelPrete
Opinion
Zillow and Realtor.com's Q1 results shine a light on two key factors: overall revenue growth is slowing and Zillow's next-gen lead gen business, Zillow Flex, is building momentum
by Mike DelPrete May 10
In record year for title insurers, 'big four' maintain market share
Title insurance premiums surged 36% in 2021 to a record $26.2B as low mortgage rates spurred refinancings, according to an analysis by the American Land Title Association
by Matt Carter May 10
Homebuyer sentiment hits another new record low
A record low 19 percent of Americans say it's a good time to buy a home, according to a monthly survey Fannie Mae's been conducting since 2010
by Matt Carter May 9
Homebuyer demand for mortgages 'consistent and resilient' in April
Lenders saw much of what was left of their refinancing business evaporate as rates climbed to their highest levels in nearly 13 years
by Matt Carter May 8
$13B Black Knight deal still needs approval from antitrust regulators
Intercontinental Exchange Inc. envisions building a 'life of loan' mortgage platform that will produce cost saving efficiencies that benefit consumers
by Matt Carter May 5
Fathom projects continued revenue, agent and transaction growth
The real estate services platform and residential brokerage saw quarterly revenue grow 81% from a year ago, to $90.1M, as Fathom Realty added more than 3,000 agents in Q1
by Matt Carter May 5