Site operator Altisource posts its first quarter of sequential revenue growth in nearly three years, according to a quarterly earnings call Thursday. Source: Inman News
Posts published in “Mortgage”
Documents filed Monday with the U.S. Securities and Exchange Commission shed new light on just how bad the past 18 months have been for Better. …
Rocket Mortgage and Amrock, Rocket’s title and settlement company, are offering buyouts to 8 percent of its workforce while Wells Fargo confirmed with Inman that…
The Power Buyer has doubled its geographic footprint since its $100 million Series D round and now has a presence in 13 markets. Source: Inman…
With $7 million in Series A funding led by LENx, shared equity startup HomePace will launch homebuyer solution that allows buyers to double their down…
ARM loans accounted for 17 percent of mortgage applications by dollar volume, with the average borrower seeking a $728,900 loan. Source: Inman News
Former CoreLogic CEO Frank Martell will oversee LoanDepot’s daily operations while Hsieh will continue to play “holistic strategic role” as executive chairman. Source: Inman News
Rising home prices and lender costs helped drive up homebuyers’ closing costs by 13.4 percent in 2021, to an average of $6,905. Loan production expenses…