Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
-
The lending technology provider currently has 37,741 decisioning steps or pivot points on its platform.
August 18 -
Despite home supply recovering and sales slowing, properties spent the least amount of time on the market since at least 2009, according to Remax.
August 17 -
The most vulnerable areas all have the same things in common: relatively moderate price appreciation and affordability hurdles — either due to high home values or employment issues.
August 17 -
Forborne mortgages stemming from the coronavirus outbreak reached their lowest level since late March 2020, according to the Mortgage Bankers Association.
August 16 -
The new all-in-one brokerage aims to avoid the "one-size-fits-all approach,"Rocket Homes CEO Doug Seabolt said.
August 12 -
The expanded credit access in its automated mortgage decisioning goes into effect in mid September.
August 11 -
Nearly half the country saw foreclosure starts rise year-over-year during the final month of the moratorium, according to Attom Data Solutions.
August 10 -
Tight inventory and heightened competition kept prime purchasers at bay as property values continued their summer surge, according to Fannie Mae.
August 9 -
Increased purchase lending and added pressure from Fannie Mae and Freddie Mac’s new loan limits should drive the likelihood of borrower misrepresentation.
August 6 -
The company's expanded portfolio through its acquisition spree drove revenue, representatives said.
August 5 -
The regulation of cryptocurrencies gains momentum abroad while a number of hurdles must be cleared before lenders and banks can handle them at scale in the U.S.
August 5 -
The gulf between buyer demand and the amount of listings for sale drove housing values to a six-decade peak, according to CoreLogic.
August 3 -
The bank saw a modest increase in net income from the first quarter, as lawsuit settlements tied to the company’s discontinued home lending business and fees regarding an anti-money laundering and securities class action suit continue to limit growth.
August 2 -
Concerns about foreclosure and a crowded market led to an increase in listings at lower price points in the second quarter.
July 30 -
The government-sponsored enterprise's single-family credit reserve release caused earnings to spike.
July 29 -
The tool is designed to help lenders adjust their underwriting to address the growing faction of non-W2 employees, which is expected to make up half of the workforce by 2027.
July 29 -
The newly public technology provider will use community and industry partnerships to give banking access to historically underserved communities.
July 27 -
The average mortgage borrower has gotten a hometown discount when buying a property, as the rise of remote work allowed for migration away from large metropolitan areas, according to a Redfin report.
July 26 -
Soaring home prices and the abundance of all-cash offers that the deep-pocketed can afford makes home buying even harder for the average borrower, according to a Redfin report.
July 22 -
As the distribution of at-risk housing markets spread across more states quarter-over-quarter, vulnerable clusters remained around Chicago, New York and Philadelphia, an Attom Data report finds.
July 22
Load More