Integration with DocMagic’s Total eClose platform eliminates the need for an initial disclosure desk and closing department
The origination and underwriting platform allows homeowners to borrow up to 90% of their home’s 'future value' — after remodeling is complete
Porch closed its latest acquisition days after parting ways with its CFO upon discovering weaknesses in financial reporting that prevented it from filing its 2021 annual report on time
February's 19.6% annual home price appreciation, together with sharp rise in mortgage rates, produced the tightest affordability in 15 years, according to new data from Black Knight
The deal to purchase the California-based national mortgage lender accelerates the brokerage's strategy to become a one-stop shop for buying, selling, renting and financing a home
The Austin-based venture capital firm is looking to support innovative startups in Texas and other emerging technology hubs
Shares in Blend touched a new all-time low after the company issued 2022 revenue guidance that co-founder and CEO Nima Ghamsari acknowledged as "much lower than consensus estimates"
Hawaii, Nevada, New Hampshire and New York are the final states to check off in order for Ally to realize its goal of providing digital mortgages nationwide
Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources, helping appraisers complete accurate desktop appraisals
Purchase mortgage applications were up 1% during the week ending March 25
The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers
The company continues to pay its Ukrainian workers, including those who are engaged in the fight to defend their country, and is actively recruiting new talent
First-time homebuyers who rely on government mortgage programs are 'increasingly challenged' by rapid home price increases and higher mortgage rates
Mortgages surged to 4.6% Monday, the highest since March 2019, after Fed Chair Jerome Powell said the war in Ukraine and supply disruptions could drive inflation beyond previous forecasts
Realfinity co-founder Erwin Robert Hirt's mortgage companies have been involved in litgation over loan officer compensation and suspected client data breach
With the addition of Michigan and Ohio, the purchase mortgage fintech is now in 7 states
The lender says credit scores, home appraisals and broader inequities in the U.S. economy explain the higher approval rates for white borrowers
Through LENx division, homebuilder has invested in a portfolio of two dozen companies including Opendoor, Blend Labs, Divvy Homes and Doma
Nearly 30 states have launched programs to distribute $9.961 billion in federal aid for households who are behind on their mortgages
Rates remain low by historical standards and could retreat from recent highs. Lenders eager to make up for a precipitous drop in refinancings, meanwhile, are scrambling to win new business
