Can this app reduce escrow to 10 days for homebuyers?

LoanSnap is an app for iPhone and Android that can streamline mortgage applications and approvals.

Blockchain Lending: Reduced Fraud or Increased Risk?

Traditional lenders are transforming, adopting cutting-edge technology to stand apart from competitors and introduce an added level of security to financing. From AI-run algorithms to smart contracts, obtaining a mortgage could soon be a vastly different process than buyers experienced just 10 years ago. Industry disruptors, however, are looking to shift from the traditional model […]

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CFPB addresses ‘black hole’ in mortgage disclosure rule

The Consumer Finance Protection Bureau (CFPB) last week finalized changes to address so-called “black holes” in the “Know Before You Owe” mortgage disclosure rule. The “black holes” created ambiguity about when lenders had to tell potential borrowers about closing costs. 

Loan originations down, down payments up in fourth quarter

Of the eight cities that tallied increased loan origination activity, Lexington, Kentucky, saw a 40-percent uptick, Raleigh, North Carolina, recorded a 37-percent rise and Huntington, West Virginia, rose 27 percent, according to the ATTOM Data Solution…

Notarize and United Wholesale Mortgage expand e-closings to 16 states

United Wholesale Mortgage’s e-closing technology powered by Notarize is now available in 16 states, the companies announced today …

Freddie Mac unveils plan to fix affordable housing shortage

The Federal Home Loan Mortgage Corporation, otherwise known as Freddie Mac, announced on Monday a three-pronged plan to buoy affordable housing amidst historically low inventory nationwide. The government-sponsored entity’s three-year “Duty to Serve” plan, spearheaded in May and approved by …

Industry professionals still top resource for mortgage shoppers

Mortgage shoppers are most influenced by real estate agents and lenders, more so than online sources, a new study by Fannie Mae finds. …

What real estate agents should know about trended credit

A snapshot tells you what someone looked like at a particular moment in time. A long-running video of the same person may reveal patterns of behavior that tell you much more about a person …

What real estate agents should know about trended credit

A snapshot tells you what someone looked like at a particular moment in time. A long-running video of the same person may reveal patterns of behavior that tell you much more about a person …

Why redlining and discrimination are still real estate’s problem

You would think that in 2017 that discrimination and red-lining (a discriminatory practice by which banks, insurance companies and businesses limit loans, mortgages, insurance or other products with specific geographic areas, especially in inner-city n…