Mortgage tech company Blend incurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company’s runway and survivability. Nima Ghamsari, CEO and co-founder of...
Read MoreWells Fargo and T.D. Jakes Group announced a 10-year partnership aimed at “revitalizing neighborhoods” and creating long-term change in communities most in need. The announcement comes a year after...
Read MoreThe mortgage stress test has thus far proven effective in protecting the housing sector from a volatile economy, but further changes haven’t been ruled out, says Canada’s banking regulator....
Read MoreThe Bank of Canada’s benchmark interest rate is expected to fall back to around 3.00% by the end of 2024, according to a median of responses from market participants. The...
Read MoreBetween the housing market turmoil, pandemic-era home price appreciation and consumer sentiment, lenders may want to consider incorporating more home equity lending into the mix, according to a column...
Read MoreTwo Republican members of Congress have introduced bills aimed at canceling the Federal Housing Finance Agency's latest adjustments to government-sponsored enterprise mortgage fees.Rep. Andy Biggs, R.-Ariz. introduced H.R. 2928...
Read MoreThe Mortgage Industry Standards Maintenance Organization (MISMO), the real estate finance industry’s standards organization and a subsidiary of the Mortgage Bankers Association (MBA), announced this week the establishment of...
Read MoreApril 28, 2023 Are you new to house hunting? If you have never applied for a home loan before it’s understandable that you might view a mortgage payment as a...
Read MoreLendInvest has welcomed Wells Fargo as a new funding partner for the business in a £200m financing syndicate with National Australia Bank (NAB). The combined investment will support the...
Read MoreSaffron Building Society has scrapped procuration fee caps across its entire product range. ...
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