Marketing

Bank of the West is using alternative data and the international expertise of its parent company to tap into the lucrative but difficult to underwrite market of middle- and upper-class immigrant mortgage borrowers.

The median time it took a home listed for sale to go into contract was 40 days in April, the fastest since Redfin started tracking this data in 2010.

The majority of mortgage lenders don't expect to use chatbots to communicate with clients anytime soon, the results of a Fannie Mae survey said.

The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.

Cities in the South are more affordable for first-time homebuyers because of less competition and lower prices, according to Zillow.

JPMorgan Chase will give its Sapphire credit card customers 100,000 rewards points for closing home-purchase loans with the bank.

While consumers pay for mortgage insurance policies, carriers like Arch MI are forging new relationships with real estate agents and strengthening lender partnerships to reach the growing segment of millennial and low-to-moderate-income homebuyers.

Concerns over rising home prices tempered a 2.2 percentage point increase in Fannie Mae's Home Price Sentiment Index.

Mortgage credit availability declined in April as lenders cut back on the number of conforming products they offered.

Many loan officers don't have an online presence, and a lot of those who do have neglected to correct errors and inaccuracies in key information, technology vendor Yext finds.