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.
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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 -
More units sold above asking price as skyrocketing home values pushed consumers out of the single-family market, according to Redfin.
July 21 -
Meanwhile, the average new-home mortgage price climbed to a new all-time high, according to the Mortgage Bankers Association.
July 20 -
The cloud-based mortgage software company plans on trading on the New York Stock Exchange with a starting price of $24 to $26 per share.
July 19 -
The software provider’s offering hit the top of its price range estimate and started trading at $18 per share.
July 16 -
The new deal will remove manual bid taping and automate secondary loan sales directly on the Encompass platform.
July 15 -
In states where it is legalized, cannabis sales tax revenues led to greater home value appreciation through community reinvestment, according to an analysis by Clever Real Estate.
July 14 -
Competition amongst those shopping for homes fell for the second straight month as surging prices pushed consumers to the sidelines and inventory saw modest gains, according to Redfin.
July 13 -
Boosts in purchases and cash-out refinances drove the summer turnaround, according to Black Knight.
July 12 -
Local mortgage and real estate professionals give insight on the metro areas projected to experience the highest appreciation over the next year, according to Zillow.
July 12 -
The defendant faces seven criminal counts — ranging from stolen property to falsifying business records — for two Harlem brownstones he paid just $20 for in 2012, according to tax filings.
July 9
