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Homelender

lender

Housing Wire

Lender Toolkit and Reggora partner to streamline mortgage underwriting

June 27, 2023 Allen Santos Comments Off on Lender Toolkit and Reggora partner to streamline mortgage underwriting

Automated mortgage technology provider Lender Toolkit announced this week that it has integrated with Reggora, an appraisal management software company that focuses on modernizing residential real estate valuations for mortgage lenders. “We’re elated to partner […]

Halifax
Mortage News

Major UK lender Halifax pushes up mortgage rates

June 7, 2023 Mark Paul Cervantes Comments Off on Major UK lender Halifax pushes up mortgage rates

(Reuters) – Britain’s largest mortgage provider Halifax will ramp up interest rates for new home loans on Wednesday, according to pricing provided to brokers, the latest major lender to do so in response to soaring […]

Better.com
Housing Wire

Digital lender Better.com rolls out one-day mortgage program

January 25, 2023 Allen Santos Comments Off on Digital lender Better.com rolls out one-day mortgage program

Embattled digital lender Better.com launched a program that will allow customers to apply for a mortgage, get pre-approved, lock their rate and receive a mortgage commitment letter within 24 hours. The official rollout of the […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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