Finastra partnered with FormFree to streamline borrowing for mortgage lenders with an automated underwriting process.
Quicken Loans is experiencing growth due to the extraordinarily low-interest rate environment that Covid-19 has brought on the US financial...
Forbes shares the story of Vishal Garg who took his first startup public at the age of 26; he has...
According to National Mortgage News nine lenders including loanDepot were warned last year that they could be removed from the...
Lennar Corp. is the largest homebuilder in the United States; they will leverage technology built by Blend to allow their customers to apply for mortgages online and through mobile devices; this will cut down significantly on the time to apply for a mortgage and Lennar hopes it will also help attract millennial buyers. Source
The CEO and co-founder of Divvy Homes talks homeownership, why the existing mortgage model is broken, and how they are creating a completely new path for first-time homeowners.
Lenders and credit reporting firms are still working through how to handle the current state of the US consumer; lenders...
Blend is on a mission to expand into more banks and credit unions with their new digital account opening product;...
Fannie Mae is testing a new program which would have appraisers assess a property without physically visiting it; appraisers will...
According to researchers from the Federal Reserve and University of California, non-bank mortgage lenders are not prepared to weather a financial downturn and are a risk to taxpayers; According to the paper, “Non-bank failures could be quite costly to the government, but this issue has received very little attention in the housing-reform debate. The funding and operational structure of the non-bank mortgage sector remains a significant channel for systemic liquidity risk.”; non-bank lenders originated half of home loans in 2016. Source