Originations

When added to other staffing and acquisitions additions since year-end 2019, the mortgage services provider has more than tripled the company’s headcount.

Recent offerings come with lower age-eligibility requirements compared to traditional government-backed home equity conversion mortgages.

Rocket, already the nation's No. 1 lender, is looking to increase market share

If lenders build this technology, data suggests that borrowers will come walking out of the cornfields for it — but Congress needs to pass the SECURE Act first.

The company is making progress on a focus shift to recurring revenues from transactional activities.

Application for loans to buy a home are a quarter more likely to contain misrepresentations than other loans in the market, CoreLogic said.

Purchases picked up, but refinances slowed for a fifth straight week, as rising interest rates took steam out of the market.

Rising debt-to-income ratios were behind almost a third of refinance rejections among those 65 and older, according to an analysis from the Urban Institute.

The MI Estimated Rate Quote application programming interface is built upon the JSON standard, used in server-to-mobile communications.

The average of 8% of total expenses that lenders put toward technology has a value, but it shows up more in broader organizational goals and productivity, the study found.

Button Finance intends to use the capital to develop its underwriting platform and increase hiring.

Secretary Marcia Fudge’s statement has implications for other tribal nations in Oklahoma and may be watched closely by other government officials, housing and civil rights advocacy groups.

The Series B investment round for the power buyer comes at a time when all-cash purchases account for almost a quarter of the market.

Seasonal patterns are also playing a part in the slowdown in buyer demand, the company said.

Several housing groups wrote a letter calling for “substantially improved written proposals” for the period starting in 2022, and support for chattel manufactured-home loans.

The median selling price of an existing house rose 13.3% in September from a year ago, the smallest annual price increase since the end of 2020.

The 30-year average stayed above 3% for the second straight seven-day period, with improved retail sales data helping drive the uptick.

The two fintechs’ venture looks to solve the long-standing problem of connectivity as the barrier to full lending digitization.

The deal is the investment company’s second since it launched on Sept. 28.

The changes include a relationship tracking engine that details interactions between real estate agents and mortgage brokers.