Brian Brooks, former acting head of the U.S. Office of the Comptroller of the Currency, has joined the board of Spring Labs, a startup tech provider for cryptocurrencies and blockchain. This is not the first dip Brooks has taken in
In UWM’s war with Rocket, brokers must choose a side
Before Thursday, March 4, John was an unabashed fan of United Wholesale Mortgage. His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. He loved their turn times, found
Blend breaks into title insurance with latest acquisition
Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. Subject to closing conditions,
Redfin: Former redlined neighborhoods at massive flood risk
A new Redfin report details how Americans – many of whom are people of color – living in formerly redlined neighborhoods are more likely to see their homes jeopardized by water damage. According to Redfin, $107 billion worth of homes are
Where real estate agents fit into Zillow’s grand vision
Zillow is the elephant in the room, and Mynor Herrera doesn’t know whether to feed it, ignore it, or find a mouse. Herrera at first felt he needed to work with Zillow, and he sent a check to the company
Are we seeing a cash-out refinance crisis?
I hear a lot of chatter about a boom in cash-out refinances, and the presumption seems to be that this is destined to wreak havoc on the housing market and the economy at some point. Cash-out loans have been growing
Incite a Bidding War: How to Get Multiple Offers on Your Home in 2021
The housing market is hot! With the supply of homes hitting record lows nationwide, prices are skyrocketing, and homes are getting snatched up as soon as they become available. If you’re selling a home, you currently are in a prime
Oregon Homeowners! Find Out 5 House Features Worth the Investment
Homeowners often find themselves torn between which home improvement project they’ll tackle next. From designing the perfect media room to finally finishing your basement, you may be wondering just which of these house features could also add more value to
Philadelphia Real Estate Market & Investment Overview 2021
Housing data by Bright MLS, Inc. Forecast is an estimate based on data from multiple sources. While it is deemed reliable, it is not guaranteed. If you are looking at buying real estate in Philadelphia in 2021, you must read
CFPB reverses course on UDAAP enforcement
Under former Director Richard Cordray, the Consumer Financial Protection Bureau took frequent action against companies who had violated its Unfair, Deceptive, and Abusive Acts and Practices standards. But many in the financial services industry complained that the standards were ambiguous
How to chip away debt and become a first-time homebuyer
Millennials are a significant part of the housing market boom as first-time homebuyers. Reports show 63% of millennial home shoppers plan to purchase a home because of their new remote work status. If you’re interested in becoming a first-time homebuyer,
How to chip away debt and become a first-time homebuyer
Millennials are a significant part of the housing market boom as first-time homebuyers. Reports show 63% of millennial home shoppers plan to purchase a home because of their new remote work status. If you’re interested in becoming a first-time homebuyer,
How modernized servicing creates customers for life
The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. Now it’s finally time to deliver this experience in servicing, and the timing has never been more urgent. The CARES Act policy response to
How modernized servicing creates customers for life
The modernization of mortgage originations in recent years has made customers expect a smart, push-button experience. Now it’s finally time to deliver this experience in servicing, and the timing has never been more urgent. The CARES Act policy response to
Real Estate Exchange files antitrust suit against Zillow, NAR
Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow, accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the
Real Estate Exchange files antitrust suit against Zillow, NAR
Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow, accusing the company of anticompetitive behavior related to showing certain homes on its platform. Trulia and the National Association of Realtors are also named in the
CFPB reverses course on UDAAP enforcement
Under former Director Richard Cordray, the Consumer Financial Protection Bureau took frequent action against companies who had violated its Unfair, Deceptive, and Abusive Acts and Practices standards. But many in the financial services industry complained that the standards were ambiguous
The least affordable cities for first-time homebuyers
Are you a first-time homebuyer? Buying a home for the first time can be a daunting task. Besides having to shop the market for your dream house, you also have to throw down a huge chunk of change once you
The least affordable cities for first-time homebuyers
Are you a first-time homebuyer? Buying a home for the first time can be a daunting task. Besides having to shop the market for your dream house, you also have to throw down a huge chunk of change once you
The immeasurable impact of women’s mentorship
Ask a roomful of accomplished business leaders the secrets to their success, and faces will light up as they tell you about the mentors who gave them confidence, the role models who showed them how it was done, the sponsors
The immeasurable impact of women’s mentorship
Ask a roomful of accomplished business leaders the secrets to their success, and faces will light up as they tell you about the mentors who gave them confidence, the role models who showed them how it was done, the sponsors
Finance of America unveils hybrid reverse mortgage product
Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The lender says it’s an innovative approach to servicing borrowers who are in retirement age but don’t qualify or
Finance of America unveils hybrid reverse mortgage product
Finance of America Reverse will soon debut a hybrid product that combines elements of a reverse mortgage with a forward mortgage. The lender says it’s an innovative approach to servicing borrowers who are in retirement age but don’t qualify or
What is the end goal of tech disruption?
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
