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Industry News
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Redfin Says Homebuyers Faced Fewer Competitive Bids In March
There's a silver lining for homebuyers -- fewer competitive bids
Wells Fargo Confirms Mortgage-Related Job Eliminations
The bank reported a first-quarter drop in net income that was the largest it had seen since 2003 and was largely driven by lower refinancing activity.
FHLBank of Boston’s Earnings Up 33% YOY
Bank credits earnings increase in part to rising mortgage interest rates.
A Homebuyer’s Secret Weapon for 2022: Non-Qualified Mortgages
This year, non-qualified mortgages could be the game-changing lending solution for homebuyers and homeowners.
PCF Wholesale Halts New Wholesale Submissions
Terse email sent Thursday leaves many unanswered questions.
Reggora Partners With Clear Capital To Achieve Two-Day Appraisal Turn Times
Firms enters a strategic partnership with Clear Capital to offer valuation quality control.
Guaranteed Rate Offers Industry’s First End-To-End Mortgage Origination Experience In Spanish
Guaranteed Rate claims to embrace its responsibility to serve all homebuyers, regardless of which language they speak.
OptifiNow Builds Custom Integration For Non-QM Wholesale Lender
Integration enables wholesale call center agents to provide mortgage brokers with rapid loan scenario quotes.
Flagstar Bank Names New Head Of Retail Mortgage Division
Jim Linnane’s experience includes mortgage origination, marketing, underwriting, construction lending, home equity products and wholesale financing.
From Lead To Clear to Close ... In 6 Hours
InstaMortgage CEO says automation, urgency helped borrower get their refi in record time.