Mortgage tech startup SimpleNexus to be acquired by nCino for $1.2B
Deal provides cloud banking solutions provider nCino with an entry point into the $4B US point-of-sale mortgage market
by Matt Carter Nov 17
Off-season rebound for mortgages could bode well for fall home sales
Second straight week of increases in purchase loan applications following rate reversal suggests stronger sales activity in the weeks to come, according to the Mortgage Bankers Association
by Matt Carter Nov 17
Sagent signs 7-year deal to power loan servicing for Servion Mortgage
'Bank-on-your-phone experience' lets consumers manage entire homeownership lifecycle from any device
by Matt Carter Nov 16
LoanDepot courts mortgage brokers with new closing capabilities
As lenders pivot from refis to purchase loans, mortgage brokers are an important source of business
by Matt Carter Nov 16
Guaranty Home Mortgage Corp. to automate doc processing with AI
Mortgage lenders seeking economies of scale are automating much of the loan application and underwriting process
by Matt Carter Nov 16
Spencer Rascoff: The transaction facilitator category needs a rebrand
Rascoff: iBuying will survive without Zillow, but companies that 'take the friction out of transactions' need a new name for their services
by Matt Carter Nov 16
Flush with cash, FHA urged to lower mortgage insurance premiums
A new report warns that a 'sudden and severe' reversal in home price appreciation could stress the Federal Housing Administration's finances again
by Matt Carter Nov 15
FairPlay lands $4.5M seed round to help lenders combat racial bias
APIs are designed to help lenders discover bias in algorithms and take a second look at rejected applicants
by Matt Carter Nov 15
Fake landlord and deed fraud scams plague Detroit buyers and renters
Cash sales don't provide safeguards like title searches that mortgage companies insist on when they're financing a deal
by Matt Carter Nov 12
How equitably is housing wealth distributed in your city?
Interactive tool tracks disparities in homeownership rates, home values and distribution of housing wealth by race and ethnicity
by Matt Carter Nov 12
Survey: Mortgage refi crush exposed dangers of digital-heavy approach
JD Power finds customer satisfaction is highest when lenders employ the right mix of technology and personal interactions
by Matt Carter Nov 11
Inflation worries drive up mortgage rates
Rates on 30-year fixed-rate conforming mortgages followed Treasury yields up Wednesday, climbing 7 basis points to 3.21%
by Matt Carter Nov 11
baby boomer couple
Opinion
Understanding the ins and outs of a home equity conversion mortgage for purchase can give real estate agents an advantage when working with older buyers
by Joseph DeMarkey Nov 11
Recent pullback in mortgage rates lifts outlook for home demand
A monthlong upswing in mortgage rates came to a halt in the past 2 weeks, with rates for 30-year loans retreating back below 3 percent
by Daniel Houston Nov 11
Blend's Q3 earnings take a hit as $54M in IPO compensation vests
The cloud banking software developer raises revenue guidance as it signs new clients, launches new products and integrates Title365 acquisition
by Matt Carter Nov 10
Fathom reports major double-digit growth in revenue and agents in Q3
Revenue was up 80%, real estate transactions were up 42% and agent count grew by 50% at the end-to-end services platform
by Matt Carter Nov 10