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...

Ardley launches white-label automated underwriting engine

Reston, Virginia-based Ardley Technologies announced on Tuesday the launching of its white-label automated underwriting engine called Autopilot, which the company states will enable lenders to...

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...

Former Newrez head of marketing Bijoy John joins Guaranteed Rate

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez, as its vice president of marketing. John’s new tasks will include consumer direct...

DataDigest: Study shows agents are aplenty, most with few or no sales

Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third...

CoStar poised to acquire UK-based residential portal OnTheMarket

CoStar Group, the parent company of real estate data giant CoStar, has made an offer to acquire OnThe Market, the third most visited...

Home price gains slow as mortgage rates rise: Altos

https://www.youtube.com/watch?v=RVlr3gePnMM Are last year’s surprising home price gains evaporating? As interest rates climb again, some of the price signals are softening. Inventory is climbing...

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...

Coldwell Banker Warburg welcomes two real estate veterans

Broker Kathy Kaye and agent Lorraine Baker joined Coldwell Banker Warburg, a New York City-based real estate brokerage, the company announced last week. Before...

NYSE sends second notice to FOA about noncompliance with continued listing standard

Finance of America Companies (FOA), parent company of reverse mortgage industry-leading lender Finance of America Reverse (FAR), was notified for the second time...