Is BNTouch the CRM agent-mortgage teams need?
This software platform for mortgage brokers to find, nurture and close loans can benefit real estate agents too
by Craig C. Rowe Jan 16
Washington, D.C. Capitol Building
The Internal Revenue Service resumed income verification, an essential part of buying a home, after lobbying from the mortgage industry. Critics question fairness of the decision
by Jim Dalrymple II Jan 11
Lennar accused of manipulating borrower data in new lawsuit
Ex-employee Wanda Burling claims she was terminated after repeatedly warning Lennar about fraudulent practice
Unpaid government workers owe $438M in mortgage and rent this month
Government workers not collecting a paycheck as a result of the shutdown will impact the housing market
by Patrick Kearns Jan 8
How the government shutdown is impacting homebuyers
Realtors and loan originators offer advice on navigating the shutdown
by Patrick Kearns Dec 28
Will declining mortgage rates reverse static home sales?
Mortgage rates continued their 2-month slide, with a 30-year fixed-rate mortgage ending the year at 4.55%
by Patrick Kearns Dec 27
The housing market should survive Wall Street's pummeling
The stock market has been battered in recent weeks, but experts say most homebuyers are looking at longer term conditions when choosing a property
by Jim Dalrymple II Dec 27
Government will restrict mortgage data in 2019 for safety, privacy
The Consumer Financial Protection Bureau (CFPB) announced changes to the mortgage data it will publish in the coming year
by Bryson Masse Dec 26
Cyborg realtor homes AI code
Clear Capital's new automated valuation model, ClearAVM, calculates what it says are unusually accurate home value estimates, in part by using "machine learning"
by Teke Wiggin Dec 26
Former Illinois judge sentenced to year in prison for mortgage fraud
Jessica Arong O’Brien, the first Filipina judge elected in Chicago history, was convicted of fraudulently obtaining mortgage investment properties over the course of 3 years
Homebuyer scammed out of fortune hired by title company
Aaron Cole lost his entire downpayment to scammers, but a deal with his title company will allow him and and his family to move into their new home just in time for Christmas
by Jim Dalrymple II Dec 20
Housing market expected to stabilize in 2019: Fannie Mae
Slower economic growth will mean more static interest rates and increasing affordability, a new study from Fannie Mae says
by Patrick Kearns Dec 14
Lower, a new AI mortgage startup, promises smarter lending
The Columbus, Ohio-based lender says it uses thousands of data points and loan history generate custom recommendations for prospective borrowers
by Gabriela Barkho Dec 13
Millennials’ unconventional credit habits may change scoring models
This generation has similar income and asset levels as most homebuyers, but they think about carrying credit differently, according to VantageScore Solutions’ latest study
by Lew Sichelman Dec 11
Millennials' finances are crushed by a 'debt machine,' Opendoor co-founder says
Jd Ross argues that millennials face considerably bleaker prospects than previous generations, which could ultimately hurt the economy
by Jim Dalrymple II Dec 6
FHFA raises conforming loan limits to $484,350
The Federal Housing Finance Agency gives 2019 homebuyers a break with a 6.9% increase in the max loan amount Fannie Mae and Freddie Mac can purchase
by Lew Sichelman Nov 27