Title insurance underwriter First American has launched a new digital platform for title agents, according to an announcement on Thursday. The company says that the new platform, known as PRISM, combines automation and marketing tools, allowing First American policy-issuing title agents to offer products and services directly to their customers
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Homepoint is in a tough spot. Like its peers, the wholesale lender’s origination volume has plunged over the past year due to a dearth of refinancings and a sluggish purchase market. But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale,
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Mortgage tech firm Blend launched a software solution for home equity products amid a mad dash from lenders into the space. Instant Home Equity, an automated end-to-end digital home equity product for lenders, integrates income, identity verification, title, decision and property appraisal to save time and costs, Blend said in
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Real estate and mortgage professionals are lamenting the slowdown in the housing market caused largely by inflation and economic uncertainty. But there is one benefit – some buyers are catching a (relative) break. The national median monthly payment applied for by mortgage applicants dropped $49 to $1,844 in July, marking improved
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South Carolina-based Movement Mortgage has acquired the brokerage Superior Rate Mortgage of New England to expand operations in the region, the company announced Wednesday. The terms of the deal were not disclosed. The acquisition is another step to boost its sales amid shrinking loan origination volumes. The company announced new hires in the sales executive team in
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Closing software provider Qualia has launched Qualia Application Programing Interface (API), according to an announcement on Wednesday. Qualia says its API provides real estate businesses and PropTech companies the ability to automatically connect internal software tools, integrate with their commercial partners, and analyze their comprehensive performance data. Through the API,
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Toll Brothers reported it expects the average home sale price for the full fiscal year 2022 to be between $915,000 and $925,000, including an …
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The Pending Home Sales Index, which measures housing contract activity, again fell in July, the second month in a row and the eighth time it has …
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A Knoxville, Tennessee, home for sale in late July is shown. Home prices. The median sales price for a single-family home sold in Beaver County during …
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The median sales price for a single-family home sold in Dutchess County during May was $400,000. That’s an increase of 9.9% compared with May 2021 …
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The median sales price for a single-family home sold in Chemung County during May was $130,000. That’s an increase of 9.7% compared with May 2021, …
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The median sales price for a single-family home sold in Orange County during May was $380,000. That’s an increase of 15.2% compared with May 2021, …
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