Foreclosure watch: The 10 most at-risk US cities
Even as home values soar, many out-of-work homeowners are at risk of having their home foreclosed on due to missed payments
An appraisal contract with blueprints
The data provider says the acquisition will result in easier property comparisons through new real estate reports and visual tools
by Daniel Houston Jul 6
The risks of taking out cash against a home in today's market
In a USA Today opinion piece, Sheila C. Bair, the chairwoman of Fannie Mae's Board of Directors, laid out the factors homeowners should consider before agreeing to cash-out refinancing
by Libertina Brandt Jul 6
Long Island man continues 20-year stint in house on just 1 mortgage payment
Guramrit Hanspal, who hasn't made a mortgage payment on his home since 1998, avoided another court confrontation — and eviction — in early July
Howard Hanna buys stake in one of Indiana's biggest brokerages
Howard Hanna Real Estate Services has expanded its footprint in Indiana by forming a partnership with a well-known regional player
by Daniel Houston Jul 1
CoreLogic to acquire automated closing costs firm ClosingCorp
The deal is expected to close in the third quarter if it receives regulatory approvals and meets 'customary closing conditions,' the California-based company said in a statement
Number of affordable places to live hits lowest point in 2 years
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages
by Daniel Houston Jun 30
Rocket-owned Nexsys is automating homeowners insurance verification
4 of nation's top 10 providers of homeowners insurance now integrated with real-time verification platform Clear HOI
by Matt Carter Jun 30
Truework says Encompass integration can speed mortgage approvals
Automating employment and income verification can get homebuyers to the closing table faster
by Matt Carter Jun 30
Rising home prices may be crimping demand for purchase mortgages
Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign first-time homebuyers are getting squeezed out of the market
by Matt Carter Jun 30
Tomo launches with aim to 'be the best at purchase mortgages'
The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston
by Matt Carter Jun 30
How mortgage brokers and lenders can be better partners to agents
By fostering strong relationships with agents, mortgage lenders and brokers can grow their business — here's how
by Roger Odoardi Jun 30
Lenders granted some leeway to initiate foreclosures
Mortgage lenders will soon be able to initiate foreclosure proceedings against homeowners who are 120 days behind on their mortgage payments
by Matt Carter Jun 29
Offerpad is now a mortgage broker
The pioneering iBuyer is now a licensed mortgage broker in Alabama, Arizona and Colorado, with plans for rapid expansion into other states
by Matt Carter Jun 28
Lenders who rely on AI, algorithms could face new legal risks
The Department of Housing and Urban Development plans on rescinding the Trump administration's protections for lenders accused of inadvertent discrimination
by Matt Carter Jun 28
FHA relaxes underwriting for student loan borrowers
Lenders can use borrower's actual monthly student loan payment when calculating their overall debt burden
by Matt Carter Jun 25