Planned technology development in upper New York is poised to reshape the local housing market by drawing a fresh wave of buyers attracted to new employment and higher wages. Expect increased demand for single-family homes and higher-end condominiums in well-connected neighborhoods, resulting in accelerated [...]
Sen. Warren alleges FHFA is withholding GAO-requested records in probe of Director Bill Pulte's mortgage-fraud referrals; FHFA disputes obstruction. Probe?
Rocket Pro introduces Orbit, a nationwide broker rewards program tying production and loan performance, and extends its Compass 20bp pricing credit. Today.
Better projects its pro forma cash position will rise to roughly $140 million if the pending transaction closes, based on its most recently reported balances. That conditional estimate, presented as a forward-looking snapshot, would materially strengthen the firm’s immediate liquidity and provide a larger [...]
A new integrated platform is positioning itself to reshape origination and secondary-market workflows by bringing pricing and eligibility together with a hedging capability and a reintroduced loan trading venue. By collapsing decisioning and pricing into a single workflow, the platform promises to reduce pricing [...]
Evaluate lead programs by cost per closed loan rather than salary or dialer fees; focus on acquisition efficiency, conversion rates and true cost-to-close.
A wholesale non‑QM lender has expanded its product set by offering DSCR loans across 19 states, bringing debt‑service‑coverage‑ratio qualification into a broader wholesale channel. The move provides mortgage brokers with access to an asset‑performance underwriting tool that measures property cash flow rather than traditional [...]
Mortgage originators are rolling out a compact suite of borrower-focused concessions designed to smooth the application-to-commitment journey and reduce immediate consumer costs. The package highlights eligible EPO fee protection to mitigate certain early lock-related charges, same-day conditional approvals to accelerate underwriting and shorten time [...]
The digital lender’s assertion that its mortgage rates run about 50 basis points below the national average positions the firm as a potential price disruptor in a competitive origination market. If broadly applicable, that spread could produce meaningful monthly payment savings for borrowers and [...]
SERHANT.'s move into Massachusetts, Texas, California and Colorado represents a strategic multi-regional expansion that broadens the company’s geographic reach across major and diverse housing markets. The expansion signals a push for greater national relevance, bringing its brand and brokerage capabilities into Northeastern, Southern, Pacific [...]
