A new House vote brings long-awaited privacy protections for homebuyers one step from reality. See what still needs to happen.
Unintended consequences of shifting the burden for title insurance to the lender could end up harming consumers, several observers said.
As fewer mortgage borrowers remain impacted by the COVID-19 pandemic, the subservicer elected to reduce the capacity it added over the past two years.
The average return on investment for flipped homes was 25.1% in the second quarter this year, the lowest point since the second quarter of 2008.
Sathiya Livingston is an insurance operations & digital transformation specialist with over 12 years of experience helping U.S. carriers optimize claims, underwriting, and policy servicing. He works with mid-market insurers to design process improvements that blend automation, analytics, and strategic partnerships for sustainable growth. Contact him at
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Rocket Companies confirmed it had reduced its workforce following the completion of its Redfin merger. The company also plans to discontinue Rocket Card on Sept. 8.
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Choppy market conditions, including mortgage rates which remain elevated, had an impact on profitability at four of the nation's homebuilders in the quarter.
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Real estate agents add that they are integrating AI in their daily work, with many using it for marketing and communications.
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Sales of previously owned US homes fell in June to a nine-month low as potential buyers continued to bristle at record prices and high borrowing costs.
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Mr. Cooper's Q2 profit surged on servicing gains, despite missing estimates, as it preps for Rocket deal and eyes MSR growth with new client wins.
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Multiply Mortgage says it can secure up to 75 basis points off interest rates, and other homebuying perks, for employees at companies using its free program.
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On the surface, it seems mortgage firms must explain valuation reports to each new applicant or eliminate the use of lower-cost advanced valuation intelligence. However, there may be another option.
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Are you a “Success Superstar?” Success can be defined in many ways. One definition is “the achievement of one’s goals.” Your goal last year might have been to be included in the list of Top 200 Loan Originators for 2013. Did you accomplish that goal? Or maybe it was to lose 10 pounds, gain 10 new referral partners, or even spend more time with your family and read more books.
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Lenders should avoid repeated mistakes in their process as they could be used as evidence of a fraudulent intention to originate loans without proper safeguards and underwriting processes.
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ON-DEMAND VIDEOMonetary policy remains the key to the markets. The Federal Open Market Committee predicts one rate cut in 2026, but the panel will get a lot of data before
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ON-DEMAND VIDEOWith the government reopened and data flowing, the FOMC may cut rates again in Dec. Steve Skancke, Chief Economic Advisor at Keel Point, will break down the mee
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ON-DEMAND VIDEOWill the Federal Reserve cut rates in October? BNP Paribas Chief U.S. Economist James Egelhof discusses the meeting and Chair Jerome Powell's press conference.
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