Divvy Homes valued at $2B following $200 million Series D
The rent-to-own proptech startup saw growth accelerate after a Series C funding round just 6 months ago
by Matt Carter Aug 13
Partners help Rocket Mortgage break purchase loan record in Q2
Rocket Mortgage posted its best quarter ever for purchase loan originations during the 3 months ending June 30, according to second-quarter earnings figures released Thursday
by Matt Carter Aug 13
First American providing same-day title decisions on eligible mortgage refis, home equity loans
Taking a page from the playbook of a fintech upstart, the nation's largest title insurance underwriter is making an automated title decision engine available to title agents
by Matt Carter Aug 12
Healthy jobs report drives up mortgage rates for first time in weeks
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
by Daniel Houston Aug 12
How inflation has impacted this broker
Opinion
Inflation can have a deep and lasting impact on housing and the larger economy. Here, one broker steps back to recount what it was like during the 1970s inflation and what's different now
by Gretchen Rosenberg Aug 12
New Fannie Mae rule may help renters qualify for a mortgage
Consistent rent payments can boost prospects of borrowers with thin credit files
by Matt Carter Aug 11
Buyer demand for mortgages jumps for first time in almost a month
Rise in FHA purchase applications suggests more first-time buyers are navigating high prices, tight inventories
by Matt Carter Aug 11
A handshake in the midst of action
The real estate giant keeps building on its position as the lone national franchisor in the mortgage broker channel
by Matt Carter Aug 10
Rocket Homes hiring in-house agents, launching iBuyer program
Rocket Cos., the parent company of the nation's biggest mortgage lender, plans to get into the iBuyer and real estate brokerage business through its Rocket Homes subsidiary
by Matt Carter Aug 10
Mortgage delinquencies stay low in June: CoreLogic
4.7% of mortgages were in a state of delinquency, unchanged since last month
1.7M homeowners still in forbearance as protections expire
Loan servicers must attempt to work with borrowers before initiating foreclosure proceedings
by Matt Carter Aug 9
Underwater homeowners gain breathing room as prices climb
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
by Daniel Houston Aug 9
Home prices show signs of leveling off for first time in months
After five consecutive months of record home prices, the market appears to be plateauing, according to several key indicators
by Daniel Houston Aug 9
As homebuyer sentiment hits new low, some sellers also having doubts
Most Americans don't think prices will be higher in 12 months but that mortgage rates will rise, according to a new Fannie Mae survey
by Matt Carter Aug 9
Are low mortgage rates actually hurting home sales?
Falling mortgage rates have fueled boom in refinancing, but demand for purchase loans has slipped, according to data from Black Knight's July Originations Market Monitor report
by Matt Carter Aug 8
First American to pay $1.185M over alleged perks for real estate agents
Networking group allegedly provided video marketing, bus caravans to promote listings
by Matt Carter Aug 6