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UpEquity closes $50M series B funding round

UpEquity, a tech-enabled mortgage company that helps homebuyers make all-cash offers, has closed on a $50 million Series B funding round led by S3 Ventures, with $20 million in equity and $30 million in debt allocated...

Arch MI: Home price growth will moderate

Affordability will become a headwind for further rapid home price gains, according to the fall edition of the Housing and Mortgage Market Review (HaMMR), released today by Arch Mortgage Insurance Company… 

Coalition says GSEs have a duty to do more

Twenty affordable housing organizations have sent a letter to the Federal Housing Finance Agency (FHFA) urging it to require Fannie Mae and Freddie Mac to substantially improve their Duty to Serve…

StoicLane acquires Lender’s Valuation Services

StoicLane, a long-term growth platform making controlling and strategic minority investments in the finance, insurance and real estate verticals, has closed on a majority stake in appraisal management…

Second-home demand rebounds in September

A new Redfin report shows that demand for second homes was 60% higher in September than it was before the coronavirus pandemic hit. The company’s analysis was based on mortgage-rate lock data…

BofA: Family plays a key role in buying a first home

New data from Bank of America shows that family support often plays a pivotal role in helping first-generation homebuyers reach the major milestone of purchasing their first home. Families of first-generation homeowners…

Investor launches home co-investment product

Buyers are finding slightly more selection, more price cuts and a bit more time to evaluate a home before it goes under contract, according to the latest market from Zillow. The company said…

Housing market moderation gives buyers a break

Buyers are finding slightly more selection, more price cuts and a bit more time to evaluate a home before it goes under contract, according to the latest market from Zillow. The company said…

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WFG launches MyHome Funder Dashboard

WFG Enterprise Solutions, part of the Williston Financial Group family of companies, has announced the availability of its WFG MyHome Funder Dashboard to regional and national mortgage lenders.  Created to simplify and accelerate loan funding and disbursement,...

Interfirst attracts $175M strategic investment

Interfirst Mortgage Company, a tech-enabled mortgage originator, has attracted a $175 million strategic investment led by the principals at StoicLane with funds managed by Oaktree Capital Management, L.P., MFA Financial, Inc, family offices and other strategic...

ALTA Registry adds new feature to agent database

The American Land Title Association (ALTA), the national trade association of the land title insurance industry, has added a new feature to the ALTA Registry, the national database of title and settlement agents. Now, title companies can quickly provide errors and...

SimpleNexus introduces in-app payments

SimpleNexus, developer of a homeownership platform for loan officers, borrowers, real estate agents and settlement agents, has launched Nexus Pay, a tool powered by Global Payments.  The company says the new offering enables mortgage loan applicants to seamlessly...

Tammac Holdings chooses Black Knight’s MSP for servicing

Tammac Holdings Corporation, a direct lender and servicer with over 40 years in the mobile and manufactured home financing industry, will implement Black Knight's suite of servicing technologies, including its MSP loan servicing system. The company will also add Black...

Computershare Loan Services extends with Sagent

Computershare Loan Services, a third-party mortgage servicer, has signed a contract to extend the services of Sagent, a fintech company operating in mortgage and consumer loan servicing. Under the six-year agreement, Computershare Loan Services will continue to use...

Snapdocs launches new eMortgage program

Snapdocs, Inc., a digital closing platform for the mortgage industry, has rolled out its Snapdocs eMortgage Quickstart Program.  The new program is intended to empower lenders to more readily adopt eMortgages, or mortgages with electronic promissory notes...

Virginia Housing renews contract for Black Knight’s MSP

Virginia Housing, an agency committed to helping Virginians attain quality, affordable housing, has renewed its contract to use the MSP servicing system from Black Knight.  Virginia Housing has been a valued Black Knight client for 25 years. The agency will also...

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