Rocket acquires personal finance app Truebill in $1.27B deal
The acquisition gives Rocket an inside track to market real estate services, mortgages and other loans to Truebill's 2.5M members
by Matt Carter Dec 20
Stewart shifts eye for acquisitions back to title insurance
After growing ancillary services through acquisitions, nation's fourth-biggest title insurer looking to plug geographic holes
by Matt Carter Dec 17
Before the Fed sped up tapering, mortgage rates saw little change
With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks
by Daniel Houston Dec 16
Knock partners with HomeSmart to roll out services in Baltimore
Baltimore puts Knock at 70 markets nationwide, up from 14 at the start of 2021. The tech-enabled, home loan solutions platform will offer its full gamut of products to the region's consumers
by Craig C. Rowe Dec 16
Mortgage tech provider Evolve makes third acquisition in 12 months
Provider of end-to-end loan services acquires Brooks Systems to expand its regulatory compliance offerings
by Matt Carter Dec 16
Bond yields rise as Fed says it will double pace of tapering
Support for mortgage markets on track to end by March
by Matt Carter Dec 15
Zillow listings now link buyers with down-payment assistance info
The Seattle-based home portal has added a new listing feature that connects a buyer with details about down-payment programs in their area
by Daniel Houston Dec 15
Senso uses artificial intelligence to help lenders identify homebuyers
Senso Engage provides mortgage prospects with personalized listings prioritized by neighborhood and affordability
by Matt Carter Dec 14
Biden picks Sandra Thompson to lead Fannie and Freddie regulator
Questions about the future of the mortgage giants remain, but lending industry welcomes veteran regulator to lead FHFA
by Matt Carter Dec 14
2021 shaping up to be a banner year for title insurance industry
The smallest of the big four title insurers, Stewart and Old Republic, posted the strongest third-quarter growth
by Matt Carter Dec 13
Ellie Mae vets form SPAC to acquire mortgage and real estate startups
Southport Acquisition Corp. seeking companies with $50M to $100M in revenues that are valued between $1B and $2B, the company said in an investor prospectus on Friday
by Matt Carter Dec 10
When lenders go wild: Loan officer brawl goes viral
A fight between 2 groups of mortgage professionals believed to be in Atlantic City for the Triple Play Realtor Convention and Trade Expo went viral, sparking criticism of the real estate industry
by Marian McPherson Dec 10
Better CEO Vishal Garg takes leave of absence after viral Zoom layoffs
CFO Kevin Ryan will serve as interim CEO as the mortgage company continues to pursue SPAC merger. Read Vishal Garg's full letter to employees here.
by Matt Carter Dec 10
A Florida community bank seeks to build nationwide mortgage business
Amerant Bank launched its mortgage joint venture with industry veterans who share a vision of a 'highly efficient, and profitable nationwide mortgage banking business.'
by Matt Carter Dec 10
Markets remain volatile, but mortgage rates stay the course
The average rate for a 30-year, fixed rate loan was 3.10% this week, according to Freddie Mac's latest lender survey
by Daniel Houston Dec 10
Digital mortgage lender Beeline completes Series A funding round
Latest funding round brings total raised since 2019 to $22 million
by Matt Carter Dec 9