Lending

Compass, Guaranteed Rate launch loan origination company OriginPoint
Compass, Guaranteed Rate launch loan origination company OriginPoint

Two of the largest leaders in the real estate market are joining forces to form a new mortgage origination company.

The trouble  with appraisals: How the wild market is making it harder to get financing
The trouble with appraisals: How the wild market is making it harder to get financing

Homebuyers lucky enough to win a bidding war for a property are increasingly running headlong into appraisals that don’t match — or even come close to — the agreed sales price, leaving them with limited ways to close the sale.

Mortgage applications drop 4% on higher rates in latest MBA survey
Mortgage applications drop 4% on higher rates in latest MBA survey

“Demand is robust throughout the country, but homebuyers continue to be held back by the lack of homes for sale and rapidly increasing home prices.” — MBA Associate Vice President of Economic and Industry Forecasting Joel Kan

Mortgage applications dip as rate increases in latest MBA survey
Mortgage applications dip as rate increases in latest MBA survey

“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan.

Guaranteed Rate launches tech company
Guaranteed Rate launches tech company

The new technology streamlines workflow in the mortgage industry.

Houston mortgage delinquency rates on the rise
Houston mortgage delinquency rates on the rise

“The consistent decline in serious delinquency since August is a sign of growing financial stability for families,” said Frank Martell, president and CEO of CoreLogic.

Vacation home sales skyrocketing
Vacation home sales skyrocketing

The trend of purchasing a second home has sent home prices in seasonal towns skyrocketing in value by 19% for the year ending December 2020.

Guaranteed Rate Super Bowl ad inspires positivity
Guaranteed Rate Super Bowl ad inspires positivity

Super Bowl time is almost here, and for those who enjoy the commercials as much as the game, keep an eye out for a new ad from retail mortgage lender Guaranteed Rate. The ad is part of their national

Will COVID-19 push appraisals toward automation?
Will COVID-19 push appraisals toward automation?

Both the way appraisers approach their work and the adoption of AVMs and other technology-based valuations will likely see major changes in the coming years, according to experts.

Will forbearance backfire? What to tell clients about their options
Will forbearance backfire? What to tell clients about their options

Some homeowners worry that, after a few months of forbearance, they’ll be required to pay everything they owe upfront, in one lump sum.

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