Digital Mortgage Platform Maxwell Lands $16.3M in Funding
Maxwell, a digital platform serving small to mid-size mortgage originators, has raised $16.3 million that it plans to use for product development, market penetr
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5 Ways to Win in a Purchase Money Market in the New Reality
During my recent conversations with sales leaders, managers across the board expressed concern about their originators adapting to the new environment of rising
Six Family Members Admit to $1.3M Mortgage Scam
Six members of a South Florida family have pleaded guilty for their roles in a mortgage fraud involving more than $1.3 million on 10 real estate transactions. S
Bodnar of MMG: Heightened Inflation Fears Fading
Bill Bodnar of the Mortgage Market Guide (MMG) notes that this week we watched long-term yields improve along with stocks hitting all-time highs. The American J
House Prices Continue to Soar But Growth May Be Moderating
U.S. home prices leapt again to start the year, according to a report by the Federal Housing Finance Agency, but monthly gains seem to be slowing. So reports Ma
Austin Tops List of Hottest Commercial Property Markets
Austin, Texas, is No. 1 in the hearts of commercial real estate investors. So reports CultureMap Austin. Based on a new survey by CBRE, Austin is seen as the
Mortgage Rates Rise for Seventh Straight Week
Mortgage rates are on an upward run that has now lasted seven consecutive weeks. So reports Bloomberg. According to Freddie Mac, the 30-year fixed-rate mortg
HUD Secretary Says No Plans to Cut FHA Premiums
The Secretary of the Department of Housing and Urban Development, Marcia Fudge, has ruled out (for now) a cut to the Federal Housing Associationâs mortgage in
Strong Hiring Growth Continues in March as Jobs Gap Persists
A year after the pandemic began to hit the U.S. economy, employers have gone on a hiring spree. So reports Reuters. According to the Labor Departmentâs clo
5th Consecutive Week of Forbearance Improvement: Black Knight
For the fifth consecutive weekâthe longest stretch since Septemberâthere was improvement in active forbearance volumes, according to data from Black Knight.