Fed will keep buying $40 billion in mortgages every month
As Fed's balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic
by Matt Carter Jul 29
Knock moves into 50th market, launches closing guarantee
Knock has announced it will offer Home Swap in Chicago in addition to offering a $5,000 on-time closing promise
by Craig C. Rowe Jul 29
Truework speeding up income verification for gig-economy workers
Service lets employees log into their payroll provider and share verified data with a few clicks
by Matt Carter Jul 28
Drop in mortgage rates spurs refis, but not home sales
With rates on 15-year mortgages hitting a record low, requests to refinance accounted for two-thirds of mortgage applications
by Matt Carter Jul 28
Total Expert integrates RatePlug to connect loan officers with agents
RatePlug, a marketing platform that connects mortgage loan officers and real estate agents, is now integrated into Total Expert, a customer relationship management solution
by Matt Carter Jul 27
Stewart bolsters Midwest operations with Title First Agency acquisition
After posting record second quarter earnings, Stewart Information Services Corp. has acquired one of the nation's largest independent title agencies, Title First Agency Inc.
by Matt Carter Jul 27
Cloud providers are now big players in the mortgage process
AWS, Google Cloud, and Microsoft Azure have developed proprietary AI and machine learning capabilities that can be customized for lenders
by Matt Carter Jul 27
Selling to buy? It should get easier in coming weeks, report says
Conditions should start to improve for buyers while remaining great for sellers if current trends hold, according to a new Redfin report
by Daniel Houston Jul 23
With home prices slow to fall, would-be buyers are getting squeezed out
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report
by Daniel Houston Jul 23
Mortgage rates hit new all-time low for 15-year loans
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
by Daniel Houston Jul 22
1M homeowners face elevated risk of foreclosure when protections lift
Delinquency rates are at the lowest level since the pandemic began, but borrower protections are lifting in September: Black Knight
by Matt Carter Jul 21
Home office eclipses short commute as a buyer must-have, agents say
Nearly 60% of agents surveyed by HomeLight said they expect a home office to be a top priority for buyers in a post-vaccine landscape
by Daniel Houston Jul 21
Ransomware attack threatens closings, sensitive client data
Cloudstar, host of title insurance apps, is still down five days after being hit by 'highly sophisticated ransomware attack'
by Matt Carter Jul 21
Subscribe to Extra Credit, Inman's new mortgage & closing newsletter
A mix of breaking news, trends and profiles of fascinating people and companies, Extra Credit aims to help smart professionals keep an eye on the future of the digital transaction
by Inman Jul 21
Better eyes real estate brokerage as next step in end-to-end platform
Better's real estate brokerage subsidiary has largely flown under the radar, but that's about to change as it seeks to become licensed in all 50 states
by Matt Carter Jul 21
Homebuyer pool set to expand with mortgage alternatives: CEOs
The CEOs of 2 leaders in the field — Divvy Homes and HomeLight — said during Connect Now on Tuesday that they can help agents' clients negotiate challenging market conditions
by Matt Carter Jul 20