How LOs, mortgage execs are preparing for 2024
After nearly two years of trudging through a frozen housing market, the consensus among mortgage professionals is that the worst of it is...
AlphV/BlackCat claims credit for loanDepot cyberattack
Infamous ransomware gang AlphV/BlackCat claimed it was behind the January cyberattack at top 15 U.S. mortgage lender loanDepot.
loanDepot, which originated about $17 billion...
Banks report tighter lending standards for mortgages, HELOCs in Q3
Banks have tightened lending standards for most categories of residential real estate (RRE) loans and home equity lines of credit (HELOC) over the...
Are mortgage rates about to break out higher again?
Mortgage rates and the 10-year yield
The 10-year yield is the key for housing in 2024. In my 2024 forecast, I put the 10-year...
Zillow execs imagine a world without buyer’s agency
In addition to discussing Zillow’s financial results and the continual evolution of its Housing Super App vision on its third quarter earnings call,...
Wells Fargo, JPMorgan show two completely different paths for mortgages in Q3 2023
At Wells Fargo, mortgage originations reached $6.4 billion from July to September, down 70% year over year and about 18% from the previous...
Reduce title, real estate and mortgage risk with a cyber response plan
In today’s rapidly changing technology landscape, businesses in the title insurance, mortgage and real estate industries must prioritize cybersecurity response planning and business...
MeridianLink integrates with Polly to bolster lenders’ profitability
Polly, a software-as-service mortgage tech firm, announced a bi-directional integration with MeridianLink, a loan origination software system provider, on Tuesday.
The partnership enables lenders...
Baby boomers lag other generations in savings levels
On average, members of the baby boomer generation saved approximately $4,060 over the course of 2023, lagging behind the average savings levels of...
Zillow acquires CRM platform Follow Up Boss
Zillow Group has entered into an agreement to acquire CRM system, Follow Up Boss, according to an announcement on Wednesday.
The acquisition purchase price...
