The Evergrande crisis: Everything real estate agents need to know
One of China's largest property developers is in dire financial straits and the world is watching. What does it mean for the US housing market, real estate agents and economy?
by Daniel Houston Sep 23
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Fed prepared to taper mortgage purchases this year
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
by Matt Carter Sep 22
Interest in second homes remains down for third consecutive month
Many buyers are still considering second-home purchases, but the number was down from last year's blistering levels, according to a report from Redfin on Wednesday
by Daniel Houston Sep 22
Demand for mortgages surges as inventory situation improves
Prospective homebuyers submit requests for purchase loans at pace not seen since April
by Matt Carter Sep 22
Will every mortgage lender soon have a cash offer product?
Regional mortgage lender Evergreen Home Loans' cash offer product is available in 4 states. Will this become the norm?
by Matt Carter Sep 21
Struggling homeowners may evade foreclosure thanks to surging prices
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists
by Daniel Houston Sep 21
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
Landmark study confirms troubling 'appraisal gap' in minority enclaves
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
by Matt Carter Sep 21
Home sales will cool off for the rest of this year and next: Fannie Mae
Projected growth in new home sales wouldn't offset expected drop in existing home sales
by Matt Carter Sep 20
‘Holding pattern’: Virus extends stable period for mortgage rates
Rates for 30-year mortgages have remained virtually unchanged for 2 months even as lenders reported recent movement on other loan types
by Daniel Houston Sep 16
Regulators loosen reins on Fannie and Freddie
Biden administration suspends limits on mortgages secured by second homes and investment properties
by Matt Carter Sep 15
Ribbon raises $150M round, vows to expand into half of US by 2023
Currently, the homeownership startup operates in North Carolina, South Carolina, Tennessee, Georgia, Texas and Florida
by Libertina Brandt Sep 15
United Wholesale Mortgage to launch in-house appraisal capability
The service, UWM Appraisal Direct, will be optional and mortgage brokers will still have the option to choose from about 100 UWM-approved appraisal management companies
by Matt Carter Sep 15
Mortgage insurer Enact's IPO is back on track
With investors showing renewed confidence, Genworth Financial is ready to move forward with plans to sell part of its mortgage insurance subsidiary in an initial public offering
by Matt Carter Sep 15
Black Knight expanding services it provides to growing mortgage broker segment
Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation's largest lenders
by Matt Carter Sep 14