Coastal California metros were the priciest in March: Zillow
Competition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal...
Mortgage rates plummet and everything has suddenly changed — for now
“For example, I locked one loan today that would have cost the borrower 1.213 points on Monday versus 0.375 today. This loan amount...
Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae has filed a point-by-point response to the initial complaint of the case brought against it by Texas Capital Bank (TCB), which...
FinCEN expands GTOs of all-cash home sales yet again
The Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department, announced last week that it will again be expanding its Geographic Targeting...
Freddie Mac approves payroll/income verification vendor Truv on LPA platform
Government sponsored enterprise Freddie Mac has approved mortgage technology company Truv for both payroll verifications and consumer-permissioned income.
With the new integration, lenders...
Truv integrates with nCino’s Mortgage Suite to simplify income verification
Employment data solution firm Truv has a new integration with cloud banking provider nCino.
This latest integration will allow lenders who use the nCino Mortgage...
Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it...
JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage...
Real estate agents’ 12-month prospecting plan
Event marketing can be key to success in building relationships and meeting new potential buyers and sellers. There are several categories of events....
Existing home sales retreated in March: NAR
Existing home sales slumped last month under the weight of elevated mortgage rates.
Existing home sales receded by 4.3% in March to a seasonally...
The 8% mortgage is here
Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according...