Era Ventures Managing Partner Clelia Peters spoke with Ribbon co-founder Wei Gan and Divvy Homes CEO Adena Hefets at Inman Connect New York about the ways Power Buyers operate
Apr 20
Home sales now expected to decline by 7.4% this year and 9.7% in 2023, a dramatic adjustment from March, when Fannie Mae forecast a 4.1% decrease in home sales this year and a 2.7% decrease in 2023
Apr 19
To serve 5 new markets in Washington, Knock has partnered with local real estate brokerages, half of which are affiliated with Keller Williams
Apr 19
The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly half a century
Apr 18
Having recently expanded into the Midwest and Mid-Atlantic regions, the company is on track to having a presence in 17 states
Apr 18
Ribbon co-founder and CTO Wei Gan says he wants homebuyers to be able to move beyond the traditional model of selling before buying, giving latitude to all sets of buyers
Apr 18
The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week
Apr 15
Although Wells Fargo executives did not explicitly mention impending layoffs during a Q1 earnings call on Thursday, the company has been closing branch offices
Apr 15
'Our goal is not necessarily to expand a ton into new markets,' Divvy CEO Adena Hefets told Inman ahead of Inman Connect New York next week following company's latest $200M round
Apr 15
In a coup for Black Knight, the deal is the latest in a growing trend as lenders see servicing as a way to smooth out revenue and retain past customers when they refinance or buy their next home
Apr 13
High home prices are expected to drive a record $1.72 trillion in purchase mortgage originations in 2022, even though rising mortgage rates could put a dent in sales of existing homes
Apr 13
BeSmartee's lender clients now have access to MeasureOne's automated income and employment verification capabilities, a partnership that will allow lenders to process loan applications faster
Apr 12
MISMO, Snapdocs team up to launch 'e-Eligibility Exchange' with participation from major data providers including Freddie Mac and First American Corp.
Apr 12
Wells Fargo veteran Michael Heid will succeed Sheila Bair as board chair as the mortgage giant conducts a national search for its next CEO. Its current CEO, Hugh Frater, is retiring
Apr 11
Series B round led by Zigg Capital includes $25M in venture capital and $110M in debt
Apr 11
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31% from February likely driven by borrowers moving to secure loans before rates rise
Apr 10
Companies participating in the 6-month industry immersion program gain access to Moderne's network of more than 700 executives and corporations, according to an announcement Thursday
Apr 8
Only 24% of consumers think now is a good time to buy a home — the lowest reading ever recorded in a monthly survey conducted by Fannie Mae since 2010
Apr 7
Pittsburgh-based Clearview Federal Credit Union partners with Sagent to bring its mortgage servicing business in-house. The company has announced several similar deals in months past
Apr 6
As rates surged last week, demand for FHA purchase loans dropped by nearly 8%, according to a weekly lender survey by the Mortgage Bankers Association released Wednesday
Apr 6