Industry News

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

HPI Forecast for May 2021 shows the converging pressure of severe inventory shortages and high demand leads home prices to hit record highs.

Pomerantz Law Firm will be investigating claims concerning whether Rocket and certain of its officers and/or directors engaged in security fraud or unlawful business practices.

Filo Mortgage announced that it will begin offering a 1.99% mortgage rate with no points and no origination fees for 15-year conventional term purchase loans.

Flex modification terms will be adjusted so borrowers can pay a reduced interest rate, regardless of their loan-to-value (LTV) ratio.