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 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 -
Renters will need to reserve an additional $369 per month to keep up with rising listing prices over the next year, according to Zillow.
July 8 -
The dynamic between housing market players diverged to an even greater degree amid intense demand and surging home prices, according to Fannie Mae.
July 7 -
A Virginia-based builder announced a line of manufactured housing that features clean energy technology, reduced waste and “plug-and-play” assembly.
July 6 -
Rebounding employment brought total forborne mortgages under 2 million, according to the Mortgage Bankers Association.
July 6 -
After lumber futures skyrocketed to an all-time high in mid-May, prices fell by more than half at the end of June.
July 2
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