Author: Michael Gersitz

Innovators have made self-driving cars a reality, and yet finding a tech solution that prioritizes anyone beyond the perfect borrower is hard to find? This striking contrast between what is possible with tech disruption and innovation and what is actually happening

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties, an Atlanta-headquartered brokerage that has about 2,000 agents. Reached Thursday, HomeSmart President Ashley Bowers declined to say what the company paid for PalmerHouse. PalmerHouse racked up $3.1

Growing real estate brokerage firm HomeSmart announced Wednesday that it bought PalmerHouse Properties, an Atlanta-headquartered brokerage that has about 2,000 agents. Reached Thursday, HomeSmart President Ashley Bowers declined to say what the company paid for PalmerHouse. PalmerHouse racked up $3.1

Better.com is continuing to grow its head count in the midst of the pandemic, announcing Thursday that it will be adding at least 2,000 Google Career Certificate graduates in the next three years. The hiring initiative will be through Better.com’s

Marcia Fudge was confirmed by the Senate on Wednesday as Housing and Urban Development (HUD) Secretary by a vote of 64-33, making her the first Black woman to lead the government agency in more than 40 years. Fudge was first

Fannie Mae is tightening the underwriting criteria for second homes and investment properties, the government sponsored entity said in a letter to sellers on Wednesday. “Recent amendments to our senior preferred stock purchase agreement with Treasury impose additional risk criteria

Digital closing platform Qualia announced Wednesday the release of “Qualia Scale,” a software program that allows proptech companies to attach title & escrow to their core offerings. It’s the second proptech offering created by Qualia. The first, Partner API, is

Title and escrow software company Mainspring Services announced the release of “titleLOOK,” a software-as-a-service platform that streamlines the title production process. According to Mainspring, the service addresses a major headache for lenders, underwriters and consumers. It’s the first SaaS platform

In the last decade, community lenders—those credit unions, community banks, and independent mortgage banks who serve their local markets—have grown to own the market. Now, with 2021 leaning back to purchase-driven volume, they are positioned to accelerate that market dominance.

It has been roughly a year since the COVID-19 pandemic began in the United States, and more people than ever are buying residential real estate in vacation housing markets, per a report from Redfin. In a study of counties that

After a slight increase in late February, mortgage applications dipped 1.3% in the week ending March 5, according to the latest report from the Mortgage Bankers Association. But experts aren’t concerned. With spring approaching – signaling the start of a

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her

Imagine requesting an Uber and not being able to see a map view of where the driver is located in real time; ordering food from DoorDash without up-to-date digital menus from an endless number of restaurants; or buying an item

Prognosticators are already suggesting the mortgage market has recently “peaked.” That’s based, primarily, on total origination volume and may or may not account for seasonality. No matter. Most agree that in 2021, we will not match the astronomical origination volume

Mortgage credit is still the tightest it has been in more than six years, but an unwavering February may be the calm before the purchase storm as lenders prepare for a revitalized economy, the Mortgage Bankers Association said in a report on