LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes. While the provider of home lending solutions reduced its expenses by 36% in 2023, right-sizing itself for today’s lower market volumes, it also invested in platforms and systems to boost...
Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed confidence among builders in the market for newly constructed single-family homes rising two points this month to...
The digital mortgage exchange MAXEX announced on Tuesday (June 22) that it had secured a strategic investment from J.P. Morgan. According to a company news release, the investment will be used to “accelerate broad market adoption of the MAXEX exchange platform for buying and selling...
Home loan applications overall fell 0.8 percent last week as rates on FHA loans rose, according to the Mortgage Bankers Association (MBA). Michael Fratantoni, the MBA’s chief economist, said conventional mortgage rates remained near record lows, in the 3 percent range, for the week ending...
March 13, 2018
Millennials, we have long been assured, were never, ever going to buy houses. Some hypothesized that the lingering memory of the Great Recession’s origins in profligate mortgage underwriting would scare them away forever. Others pushed a theory that the supersized costs of college combined with the stagnant economy that greeted millennials as they entered the workforce left them […]
January 23, 2018
Very few consumers review the mortgage application process as a high water mark in their lives. Finding that perfect home can be fun and exciting – but for the majority...
April 22, 2024
FinTech mortgage lender Beeline will launch a Spanish-language version of its home loan experience on May 1. Like Beeline’s existing offering, the new experience, which is dubbed Colmena (“hive” in English), will adjust to applicants on the fly, preapprove them in real time, and offer conventional or non-qualified mortgage products like bank statement loans, the company said in a […]
March 12, 2024
LoanDepot is investing in technology as it prepares for a rebound in industrywide mortgage origination volumes. While the provider of home lending solutions reduced its expenses by 36% in 2023, right-sizing...
March 15, 2023
Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) showed confidence among...
June 22, 2021
The digital mortgage exchange MAXEX announced on Tuesday (June 22) that it had secured a strategic investment from J.P. Morgan. According to a company news release, the investment will be...
