Online mortgage lenders aren’t ending discrimination: Study

Despite the latest technology disrupting real estate, people of color and minorities still face discrimination when it comes to homebuying, according to a new study by the University of California, Berkeley.

What’s the No. 1 thing today’s borrowers want? Faster response times

The latest J.D. Power study of borrower satisfaction revealed that loan officer response times are what make or break the experience, and this has pushed many consumers to go digital.

Wells Fargo foreclosed on 500 people due to ‘calculation error’

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday.

Got $10? Become a new-home investor with Groundfloor

Atlanta-based real estate crowdfunder Groundfloor allows investors to crowdfund house flippers and new-home construction.

What lenders are doing to fend off disruption

It’s no surprise that real estate professionals are worried that so-called disruptors, like Zillow and Opendoor, will eventually eat their lunches. But has anyone considered that lenders are just as worried about the same thing?

Startup Ribbon raises $225M to be the credit card for homebuyers

The Charlotte, North Carolina-based company revealed that it raised a massive amount of new funding and that it is rolling out several new features including an app geared toward agents.

CertifID will now cover up to $1M in wire fraud protection

CertifID, a company providing security and authentication software, just raised its customer guarantee to cover up to $1 million in losses.

$10M Houston mansion most expensive foreclosed home in US

A Houston mansion with nine bathrooms and 15,000 square feet of space is now the country’s most expensive foreclosed property, clocking in at $9.75 million.

Total Expert raises $20M, plans expansion into insurance, wealth management

Total Expert provides marketing software for banks, enabling them to monitor and react to consumer behavior online, find and engage new leads around mortgages and other types of loans, and automate communication exchanges while meeting compliance.

SoFi founder’s new startup launches 5-minute approvals for home equity loans

Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations.