Technology

The transaction was completed for $50 million in cash and is expected to close in the next few weeks.

BECU has found success leveraging Pinterest as part of a larger lending campaign.

Decades after suffering through taunts and worse for wearing pocket protectors, tech nerds may soon have their long-awaited revenge.

Builders started work on fewer single-family homes in July, marking a pause in the residential construction rebound that’s helping to propel the U.S. economy.

The 69-year-old home loan program run by the Department of Veterans Affairs is on track to have its best year ever.

Loan servicing systems may not make julienne fries but they can bring profitability to mortgage bankers and depositories that make the switch from selling whole loans to retained servicing.

Redfin’s July Bidding War Report found that competition on homes for sale fell to 63.3% of listings with more than one offer in July from 68.6% in June.

The previously announced, all-cash transaction was financed through a combination of convertible debentures, equity and debt.

Ellie Mae could still reward shareholders with a 26% gain after surging to a record last week.

Barry Habib, chief market strategist for Residential Finance, explains the results from the latest National Association of Home Builders Housing Market Index, which was released at 59, stronger than expectations of 56.