New bill in Florida looks to help cut homeowner’s insurance premium costs
Lawmakers in Florida are getting creative when it comes to trying to solve their state’s homeowner’s insurance challenges.
Due to the recent uptick in the number and...
Blend’s soft credit pull function supports Fannie Mae’s DU early assessment
Mortgage tech firm Blend aims to court more lenders as it now supports Fannie Mae’s Desktop Underwriter (DU) early assessment enhancement with a direct integration from...
loanDepot CIO on the evolution of build versus buy over 14 years
Editor in Chief Sarah Wheeler sat down with George Brady, loanDepot’s chief information officer, to discuss the company’s evolving tech strategy and how he thinks long-term...
Q1 2024 BrokerPulse: Leaders predict flat home prices, lower interest rates
After a 2023 of real estate brokers saying they feel “neutral” or “pessimistic” about the housing market, some 48% of those surveyed for the Q1 2024...
Mortgage rates sit still in the first week of 2024
Given the expectation of rate cuts this year from the Federal Reserve, Khater expects mortgage rates to continue drifting downward.
“While lower mortgage rates are welcome news,...
Tapping home equity in retirement has advantages and pitfalls: Harvard researcher
Older Americans are forced to navigate a series of serious financial challenges compounded by their needs for both housing and later life care. While home equity...
Rocket Companies hires former Airbnb, Coca-Cola executive as its first-ever CMO
Detroit-based Rocket Companies, parent of Rocket Mortgage, has named Jonathan Mildenhall to its newly created chief marketing officer position, responsible for the marketing and communications teams for all...
First American makes progress on restoring systems from pre-Christmas cyberattack
Title insurance giant First American Financial reported progress on restoring its systems from a pre-Christmas cybersecurity incident.
First American has fallen victim to data theft after a...
Reverse mortgage volume and securities issuance trend lower in December
When assessing December’s Home Equity Conversion Mortgage (HECM) volume data for December 2023, Reverse Market Insight (RMI) used a choice word as the title for its...
Homebuying has not been this affordable since May: ICE
The decline in mortgage rates in November helped financially strained homebuyers, according to ICE Mortgage Technology‘s latest Home Price Index data.
It took $279 less per month...