Lone Wolf launches digital title solution

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Following a year where real estate and mortgage professionals had to adapt quickly to changing conditions, Lone

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Insane lumber prices mean new homes cost $24K more

With lumber prices and other building material costs still at record-high levels, homebuilder confidence fell two points in March, per the latest report from the National Association of Home Builders. That drop in builder confidence is in spite of sky-high buyer demand, which hasn’t waned despite rising home prices and

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Freddie Mac taps Marc Grier as interim CEO

Months after the departure of David Brickman, Freddie Mac has tapped Marc Grier to serve as CEO on an interim basis, the government sponsored entity said on Tuesday. Grieg will be intimately aware of the challenges he faces as interim CEO: he is currently a member of the board of

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Homebuilders struggle with supply-side bottlenecks

Mortgage applications for new homes dropped 9% from January to February, but overall applications are still up 9.2% year-over-year for homebuilders, according to the latest report from the Mortgage Bankers Association. MBA’s homebuilder application survey showed new, single-family home sales running at a seasonally adjusted annual rate of 748,000 units

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Cryptocurrency provider picks up former head of the OCC

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 the cryptocurrency pool, having been a founding adviser to Spring

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Mortgage forbearance ticks down to 5.14%

The industry is now less than two weeks away from the one-year anniversary of the CARES Act, which provided borrowers with federally backed mortgages the option to receive forbearance for up to 180 days. After many extensions and exits, the Mortgage Bankers Association estimates 2.6 million homeowners are still in some

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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, Blend anticipates to finish the deal by the end of

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