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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Through digital validation and intelligent data automation, borrowers will know if their loan would be approved in as little as seven minutes and be able to close in eight days, according to loanDepot.
February 20 -
After a half-year of decreased sales, the supply of homes grew for the fourth consecutive month in January, setting up a potentially big spring for buying.
February 19 -
With a growing market share of home sales and wider breadth of services, Redfin posted significant annual revenue gains.
February 15 -
While the supply of homes still has a ways to go before becoming a buyer's market, incremental steps have taken place, especially on the West Coast, according to Zillow.
February 14 -
While home price appreciation showed steady growth in January, it's a lower rate than years past and consumer appraisal perception lags reality, according to Quicken Loans.
February 13 -
From the gateway to the West to just below the Mason-Dixon Line, here's a look at the 12 housing markets with the highest percentage of homes affordable to millennial purchasers with median incomes.
February 12 -
Stable equity and debt availability should keep multifamily and commercial real estate originations in line with 2017's peak, according to the Mortgage Bankers Association.
February 11 -
Millennials are unfazed by the short supply of starter homes in a competitive market based on the rising share of December's purchase mortgages, according to Ellie Mae.
February 8 -
SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7 -
As more homeowners decide to age in place, the amount of equity rich properties continues to rise, according to Attom Data Solutions.
February 7 -
Ocwen Financial subsidiary PHH Mortgage will pay a total of $750,000 to six military members and increase employee training to settle Department of Justice allegations that it conducted foreclosures that violated the Servicemembers Civil Relief Act.
February 6 -
Fourth-quarter increases in Fannie Mae and Freddie Mac mortgage origination volume helped Walker & Dunlop reach a new quarterly high in revenue of $215 million.
February 6 -
Inventory deficiency and affordability issues kept sales down and hampered home price growth, according to CoreLogic.
February 5 -
Popular TV shows about house fixers and flippers have sparked consumer interest in remodeling, creating an opportunity for lenders to build a specialty in renovation loans while traditional mortgage lending is weak.
February 4 -
Better credit quality and the influx of refinancing during the low interest rates of the last few years pushed mortgage performance to the highest levels since the turn of the century, according to Black Knight.
February 4 -
Without the clashing fervor of potential homebuyers competing, fewer sellers are fetching above-listing prices on their houses, according to Zillow.
February 1 -
While home sellers gained the most money on their houses since 2006, the fading impact of tax cuts and slow rise of mortgage rates could shorten upcoming margins, according to Attom Data Solutions.
January 31 -
Bay Area adjacency without the exorbitant home prices make Sacramento, Calif., an attractive option for consumers, according to Redfin's migration report.
January 30 -
With its new round of funding, the mortgage fintech company will look to expand its geographic reach and reduce the mortgage closing process to a week in 2019.
January 29 -
As 30-year fixed-rate mortgages rose 30 basis points year-over-year, non-QM originations are estimated to grow 400% in 2019.
January 28
