Finding the right loan origination system for a mid-sized lending operation
While there are numerous LOS options available on the market from which a lender can choose, the best LOS should meet several criteria.
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Humanizing AI to improve the home buying journey
There’s no question AI and machine learning are having a transformational impact on the home buying and refinancing journey. And while the long-term reverberations of AI’s expanding role are fascinating and for some worrying, companies are realizin...
Offerpad will let buyers customize their homes before they move in
Arizona-based iBuyer Offerpad recently announced its latest feature, one that allows homebuyers to customize their homes before moving in. According to company, consumers, upon selecting an available listing through the company’s app or website, will...
Massachusetts short sale company owners accused of defrauding HUD, Fannie Mae, Freddie Mac
The owners and co-founders of a Massachusetts short sale assistance company stand accused of defrauding Fannie Mae, Freddie Mac, HUD and others on nearly 100 short sale transactions in a scheme to “steal undisclosed and improper fees.”
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Millennials continue to outpace older generations in homebuying
Continuing a trend that stretches back to one year ago, Millennials are still dominating the homebuying landscape, taking on more mortgages than previous generations.
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California and New York cities top the list for largest apartments
Two states that are known for a pricey housing market have this to offer: some of the largest studio and one-bedroom apartments in the nation. Of course, that too, comes at a price. California is home to some of the largest studio apartments, while two...
Class Valuation’s latest appraisal technology provides stakeholders with data-rich property information
Class Valuation’s Chief Innovation Officer, Scot Rose, explains the transparency and consistency Property Fingerprint brings to the appraisal process.
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loanDepot expands its leadership team with key hire
loanDepot, a non-bank provider of direct-to-consumer loans, recently welcomed Steve Kay to the leadership team of its retail lending channel, in a move the company anticipates will champion growth.
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Zillow experiences growing pains as it moves from listing houses to buying them
In the last few years, Zillow has reshaped its entire business, moving from a real estate listings website to a company that supports the entire homebuying and selling experience. And while the company is seeing positive results in terms of growth and ...
Congress considers fix to QM Patch
Congress will consider legislation on Wednesday to fix the so-called QM Patch that permits some loans to borrowers with high debt levels to be considered Qualified Mortgages.
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