Total Expert to help mortgage lenders monitor customers' needs
Total Expert's new Customer Intelligence tool can detect when borrowers are ready to buy a home or refinance a mortgage
by Matt Carter Mar 15
Appraisal ethics rule under review after federal scrutiny
The ethics rule in question, which some regulators argue doesn't clearly state that housing discrimination against protected classes is illegal, was contested by 8 federal agencies
by Andrea V. Brambila Mar 11
News Quiz: Do you know the biggest stories for the week of March 6?
A seriously lost real estate agent, Engel & Völkers and 'Big Portal' all made headlines this week. Test your knowledge of the biggest stories to see if you're up to date on the industry
by Inman Mar 11
LoanDepot names president and CEO of new operating unit, mello
Zeenat Sidi, a veteran of SoFi and RBC, will serve as president and CEO of the new unit, which will oversee loanDepot's customer contact center, the company announced Thursday
by Matt Carter Mar 10
Demand for purchase loans jumps 9% as mortgage rates briefly dip
Rates are rebounding as bond market investors weigh the prospect that the economic fallout from Russia’s invasion of Ukraine could eventually lead to higher energy costs that fuel inflation
by Matt Carter Mar 9
Run with the pack at your own risk
Opinion
Realtor optimism can be necessary for survival, Brad Inman writes. But collective giddy confidence is frequently a sign that something is amiss. The herd occasionally can be wrong
by Brad Inman Mar 9
Ribbon expands into Midwest, ramps up purchase limit to $1M
The move into Indiana and Missouri expands Ribbon's presence into 10 states, including hot markets like Indianapolis and St. Louis, according to an announcement Wednesday
by Matt Carter Mar 9
Homeowners are cashing out their equity like it's 2005
Lenders are managing risk by focusing on borrowers with prime credit scores who are keeping a bigger equity stake in their homes, according to Black Knight's latest Mortgage Monitor Report
by Matt Carter Mar 8
Newrez partners with Patch news site to bolster mortgage originations
Building on the momentum of last year's Caliber Home Loans acquisition, Newrez seeks to be 'national go-to source' for mortgage info
by Matt Carter Mar 3
Better Mortgage now licensed in every state but Nevada
With expansion into Massachusetts, Hawaii and New Hampshire, Better says its mortgage services now reach '99% of the U.S. market'
by Matt Carter Mar 2
Home inspections for HOAs: InspectHOA lands $3.1M in funding
The San Francisco-based startup is helping lenders, title companies and iBuyers do due diligence on homeowner's associations, InspectHOA co-founder Anton Tonev told Inman
by Matt Carter Mar 2
United Wholesale Mortgage sees erosion in profit margins firming
The nation's largest wholesale mortgage lender released Q4 and full 2021 earnings Tuesday, revealing it originated a record $226.5B in mortgages last year, up 24% from 2020
by Matt Carter Mar 2
Mortgage rates reverse course on rising Ukraine uncertainty
Markets pricing in only 1.7 percent chance of a 50-basis Fed rate hike on March 16, down from 41.4 percent before Russian invasion
by Matt Carter Mar 2
As mortgage profits shrink, Rocket determined to grow market share
The nation's largest mortgage lender sees itself as a fintech platform that's out to unlock the lifetime value of its clients
by Matt Carter Feb 25
Mortgage payments shoot past their 2007 highs — and at faster pace
Rising home prices don't always mean higher monthly payments. But as the pandemic-era market wears on, buyers are increasingly feel the squeeze
by Daniel Houston Feb 25
How to beat iBuyers every time
Help clients sell on the open market, avoid giving away huge amounts of their equity to iBuyers and, if eligible, work with a Power Buyer to buy their next home before selling their current one
by Bernice Ross Feb 25