Home sales now expected to decline by 7.4% this year and 9.7% in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1% decrease in home sales this year and a 2.7% decrease in 2023
To serve 5 new markets in Washington, Knock has partnered with local real estate brokerages, half of which are affiliated with Keller Williams
The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly half a century
Having recently expanded into the Midwest and Mid-Atlantic regions, the company is on track to having a presence in 17 states
Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers
The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week
Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices
In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home
High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes
BeSmartee's lender clients now have access to MeasureOne's automated income and employment verification capabilities, a partnership that will allow lenders to process loan applications faster
MISMO, Snapdocs team up to launch 'e-Eligibility Exchange' with participation from major data providers including Freddie Mac and First American Corp.
The fintech startup offers home equity investments of up to $500,000 without income or credit score requirements and no monthly payments. The funds have a 30-year repayment period
Wells Fargo veteran Michael Heid will succeed Sheila Bair as board chair as the mortgage giant conducts a national search for its next CEO. Its current CEO, Hugh Frater, is retiring
Home affordability is an ever more elusive dream for many in today's market. Down payment assistance programs can be buyers' bridge to the reality of owning a home by overcoming the cash-to-close hurdle
Series B round led by Zigg Capital includes $25M in venture capital and $110M in debt
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31% from February likely driven by borrowers moving to secure loans before rates rise