Truework - Real Estate Investor Pulse

Truework and Revvin partner to enhance income verification services for point-of-sale systems

October 4, 2023 Mariel Alumit Comments Off

Digital lending platform Revvin joined forces with Truework, an income and employment verification platform, to provide comprehensive income verification coverage. The new partnership will allow lenders who use the Revvin platform to automatically verify any […]

Truework platform adds automation feature to Encompass

March 2, 2023 Mark Paul Cervantes Comments Off

Income verification platform Truework has added its automated service ordering feature to Intercontinental Exchange (ICE) Mortgage Technology’’s loan origination system Encompass. The integration is now built on the latest Encompass Partner Connect application programming interface […]

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

February 25, 2024 Comments Off

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 […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

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 data sends mortgage rates higher

February 3, 2024 Comments Off

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 […]