Verification solutions provider Xactus wants to court more lenders through its active listing data in a tight housing market. Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. The
Read more
Participants of Ginnie Mae’s digital collateral program want commingling of eNotes and paper notes, and the agency is not saying no. Currently, the program allows for digital only pools. But if the agency moves to allow commingling, then eNotes and paper notes can be bundled in the same pool. Lynne
Read more
Pontiac, Michigan-based lender United Wholesale Mortgage (UWM) Wednesday launched a new platform for independent mortgage brokers to access purchase leads, past clients and real estate agents — a move to entice and retain loan officers in a shrinking mortgage market. UWM, the largest wholesale lender in the country, has been challenged by rising
Read more
The planned merger between Intercontinental Exchange and Black Knight may be subject to scrutiny from the Department of Justice and the Consumer Financial Protection Bureau over antitrust concerns raised by the Community Home Lenders Association. In its Wednesday letter to the DOJ, CHLA claimed the small and midsize independent mortgage
Read more
Businesses and entire industries tanked during the pandemic, but it created an ideal environment for mortgage tech companies, some of which rode the wave to banner years and historic growth. With interest rates hitting all-time lows, lenders doubled their origination volume to more than $4 trillion in both 2020 and
Read more
A former top executive at Better.com claims the digital nonbank lender and its chief executive officer and founder, Vishal Garg, violated securities and labor laws as the company plans to go public via a merger with a blank check company. Sarah Pierce, former executive vice president for customer experience, sales
Read more
VanDyk Mortgage Corporation has signed a contract to use Black Knight‘s MSP system to expand its servicing operations, the company announced Wednesday. Black Knight, which provides integrated technology, services, data and analytics to the mortgage lending, servicing and real estate industries, has contracts providing its MSP servicing system to companies,
Read more
The North Texas real estate market has been a tough one to navigate for both … Meanwhile, Dallas-Fort Worth saw the largest spike in home sales …
Read more
The Florida Realtors Association reports that first quarter sales of housing were down 2.6% compared to the previous year, but housing inventories …
Read more
Two things can make a big dent in commercial real estate sales: prices and financing costs. Markets have faced a double whammy.
Read more
In Monroe County, homes for sale had a median price of $128 per square foot, while New York’s was $464.
Read more
There were fewer home sales in metro Atlanta this spring, but rising prices brought in more money for real estate brokers. 3d-Guru.
Read more