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.

Home affordability could reach an all-time low by 2023

Rising home prices are causing a sharp uptick in the monthly payments for new homeowners, but as rising wages fail to catch up, the current affordability boom may be unstable, a new report from financial data and analytic company Black Knight found.

Re/Max spinoff Motto Mortgage expands in South Texas

Motto Mortgage, Re/Max’s mortgage brokerage franchise that launched in 2016, now has 80 independent offices across 29 states, with the latest addition being Motto Mortgage United in the South Texas market of Harlingen.

Bank of America introduces digital mortgage product

The Bank of America digital mortgage experience, as the bank calls the tool, lets buyers apply for a mortgage through the Bank of America mobile app or on the bank’s website.

Redfin Mortgage makes its way to Minnesota

Seattle-based tech-powered brokerage Redfin announced on Thursday the expansion of Redfin Mortgage into Minnesota — its sixth market since first launching the lending arm in Texas in January …

The Markets That Are Millennial-Ready: Report

The generation with the highest influence in the market is millennials—and, according to a new report, the cities most popular for them are in the Mid-Atlantic and Midwest. Analysts assessed data from LendingTree about millennial mortgage inquiries and offers in the past year, determining that Buffalo, Des Moines and Pittsburgh contained the most borrowers from […]

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Lending startup Blend approved for Fannie Mae Day 1 Certainty

Enterprise lending software startup Blend has just earned a major vote of confidence from mortgage securities giant Fannie Mae. Blend has been approved as a provider of asset verification for Fannie Mae’s Day 1 Certainty program. Day 1 Certainty lets …

What’s behind skyrocketing real estate tech investment?

Panelists at the Capital Connect session at Inman Connect NY 2018 offer their views on what’s motivating the increased private investment in RE tech …

These states have the highest (and lowest) mortgage debt

Experian recently released its “State of Credit: 2017” report, which outlines the average credit scores, spending habits and non-mortgage and mortgage debt levels of Americans …

Borrowers Beware: These Mortgage Rules Could Soon Get a Facelift

(TNS)—Getting a mortgage today is much different than it was before the financial crisis. Loans have to meet certain standards and there are many rules lenders and servicers have to follow. But after a shakeup in leadership at the Consumer Financial Protection Bureau (CFPB), the future of some policies is uncertain. Here’s why: The new […]

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