New jobs report suggests home affordability could weaken
A dip in prime age participation typically goes hand-in-hand with slower wage growth, according to Odeta Kushi, the deputy first economist at First American
by Patrick Kearns Oct 2
Realtor.com, Rocket Mortgage announce new partnership
The advertising relationship will direct interested homebuyers to Rocket Mortgage's pre-approval application
by Patrick Kearns Sep 30
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Closing Center 2.2 offers an enhanced, ramped-up preclosing experience
A recognized name in digital closing long before the pandemic, eOriginal's newest version ramps the critical preclose process with secure buyer-document review and execution
by Craig C. Rowe Sep 29
title insurance premiums
Fintech startup reportedly expects to bring in more than $800M in revenue this year as mortgage demand soars
by Andrea V. Brambila Sep 24
United Wholesale Mortgage to go public in largest SPAC deal ever
United Wholesale Mortgage is slated to go public during the fourth quarter of 2020, through a special purpose acquisition company deal with Gores Holdings IV
by Marian McPherson Sep 23
Hundreds of thousands have used Fidelity National Financial's new closing tech
StartSafe, which debuted in February, is meant to make real estate transactions faster and safer. FNF announced Tuesday that it has sent the product to 800,000 consumers
by Jim Dalrymple II Sep 22
LoanDepot mulling IPO: Report
The lending giant could be worth $12B to $15B, according to new report in Bloomberg
by Patrick Kearns Sep 21
States Title debuts tech product to speed up closings
Instant Closing Disclosure uses technology to automate parts of the closing process, potentially allowing them to happen faster and with greater efficiency
by Jim Dalrymple II Sep 17
Mortgage applications decline
The volume of mortgage applications declined 2.5% for the week ending Sept. 11, 2020, according to the Mortgage Bankers Association's weekly survey, released Wednesday
by Lillian Dickerson Sep 16
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14
Down payment assistance programs remain strong during pandemic
According to Down Payment Resource's latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers
by Marian McPherson Sep 11
Mortgage rates sink to historic low
The average 30-year mortgage hit an all-time low of 2.86%, according to Freddie Mac
by Patrick Kearns Sep 10
Orchard raises $69M, sets ambitious goals to be real estate's Amazon
The company plans to use the money to expand its product offerings, grow its existing teams and launch in new markets
by Patrick Kearns Sep 10