While all cities show signs of healthy mortgage competition nationwide, some areas have higher concentrations of lender activity but also face varying degrees of competitiveness based on loan type, according to LendingTree.
Home Captain, a fintech company that looks to increase mortgage-lead conversion rates, completed a Series A financing round led by Spring Mountain Capital.
Churchill Mortgage is building the "preunderwriting" process used to give borrowers a stronger sense of preapproval into its workflow to make financed offers on homes more competitive.
Borrowers with a problem during the mortgage origination process likely had multiple issues with their lender and a high percentage of those consumers felt the glitch was not resolved.
Roostify has integrated its mortgage transaction technology into LendingTree's lead generation system, creating a seamless path from product search through closing.
Changes by the National Labor Relations Board ease the tension between one agency requiring lenders to monitor their social media presence and their employees' free speech rights.
While the majority of lenders feel mortgage industry data initiatives have been valuable, their cost is clouding some originators' viewpoint, a Fannie Mae survey found.
