Recession red flag

Considering housing starts, Wednesday's builder confidence index and mortgage rates over 6%, it's time to raise the fifth recession red flag.

Mortgage, Politics & Money, CFPB/ Regulatory

Bank trade groups say that it is beyond the scope of the CFPB's authority for it to be involved in the decision-making process of a merger.

Mortgage

Loan officers don't really use all the functions of the technology they already have. So, why do they need more?

First cloud-native, modern PPE levels the playing field for lenders

It starts with parity. Mortgage tech disruptor Polly is laser focused on constant innovation and democratizing solutions across the capital markets vertical. Lenders of all sizes leverage Polly's proven, modern PPE to compete more effectively. WATCH VIDEO →

Sponsored by Polly

Mortgage

Fannie Mae, Freddie Mac plan to charge a 50 basis-point fee for structured-finance offerings using co-mingled agency securities as collateral.

Brokerage, Real Estate, Markets/ Economy

Redfin shareholders approved a lucrative executive compensation plan the same day it announced mass layoffs of nearly 500 workers.

National, non-bank lender cuts collateral review time by 50%

Many lenders are turning to automated underwriting to close loans faster and more efficiently. Recently, a $20 billion lender reduced loan review time from 45 minutes to eight minutes using ClearCollateral® Review. Read more in the case study!

Sponsored by Clear Capital

Closing, Real Estate, Fintech

RON provider Notarize is the latest real estate industry firm forced to undergo layoffs as housing market conditions slow.

2022 HW Insiders nominations are officially open!

The HW Insiders Award program recognizes your organization's operational all-stars and the individuals who are absolutely essential to the success of their companies within the housing space. The submission portal closes on June 24th, nominate someone today!

Sponsored by HW+

Real Estate, Mortgage

The Fed's move to increase interest rates by 75 bps will cool down a housing market that was already losing steam. Here's what LOs and economists expect to happen.

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