Evergreen Home Loans expands cash offer program to 6 states
CashUp by Evergreen program offered with lower fees and down payment requirements to homebuyers in Washington, Arizona, California, Idaho, Nevada and Oregon
by Matt Carter Feb 22
One in 10 US homes impacted by natural disasters in 2021
A CoreLogic report found that 14.5M properties were subject to natural disasters that caused $56.9B in property damage last year. These events can have long-term impacts on communities
by Matt Carter Feb 18
Doma expects rising interest rates will slow company's growth
Company races to adapt technology it pioneered to provide instant underwriting of title insurance for refis to be used on more complex purchase loans
by Matt Carter Feb 18
News Quiz: Do you know the biggest stories for the week of Feb. 13?
Compass, Realogy and Redfin all posted earnings reports this week. Test your knowledge of the biggest stories — and quarterly wins and losses — to see if you're up to date on the industry
by Inman Feb 18
Anthony Hsieh's $16M vote of confidence in LoanDepot
The LoanDepot founder and CEO has racked up $2.2 million in paper losses on the 3.15 million shares in the company he's bought since November
by Matt Carter Feb 17
Sundae now financing investor purchases of distressed properties
Distressed property marketplace offering financing in California, Florida, Georgia, Texas and Colorado with more states to be added over the next few months
by Matt Carter Feb 17
Offerpad arrives in California — and goes head-to-head with Opendoor
Offerpad's rollout in Riverside and San Bernardino in Southern California will put the iBuyer in direct competition with Opendoor, which has operated across the Inland Empire since 2018
by Matt Carter Feb 16
Facade Flags Justice Department Building Washington DC
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn't apply to appraisers, but a federal regulator disagreed this week
by Andrea V. Brambila Feb 16
Homebuyers taking rising mortgage rates in stride
As rates breach 4% for first time since 2019, requests to refinance are down more than 50% from a year ago
by Matt Carter Feb 16
Fathom buys mortgage lender Cornerstone First Financial
The end-to-end platform got into the mortgage business last year with the acquisition of Encompass Lending Group
by Matt Carter Feb 15
Black Knight acquisitions power record-breaking sales in 2021
The mortgage software giant expects to break its 2021 record of $1.475 billion in sales again this year after buying out partners in Optimal Blue
by Matt Carter Feb 15
Mr. Cooper sells platform rights to Sagent in boon for mortgage tech
The deal paves the way for the first 'cloud-native' mortgage servicing platform
by Matt Carter Feb 14
Better admits it has a culture problem, points to CEO Vishal Garg
In a new SEC filing, the mortgage lender points to actions by CEO Vishal Garg as reasons that areas of company culture ‘require improvement.’ Steep losses are expected in Q4
by Taylor Anderson Feb 14
1 in 10 households were priced out of newly built homes in last year alone
Only 31% of U.S. households can afford to buy a newly built home, down from 40% a year ago
by Daniel Houston Feb 14
Online brokerage Homie lays off nearly a third of its employees
A company spokesperson confirmed that 119 of Homie's 414 employees were laid off on Friday due to a 'changing real estate market'
by Ben Verde Feb 14
How mortgage rates hit 4% ahead of schedule, flummoxing forecasters
Bond market investors, not Fed policymakers, exert the strongest immediate pull on markets that drive mortgage rate trends
by Matt Carter Feb 14