Items Tagged with 'Online mortgage'

ARTICLES

  • Better Mortgage becomes billion-dollar originator

    Saw 400% year-over-year increase in users
    Online lender Better Mortgage, which launched in January 2016, recently surpassed $1 billion in mortgage originations. According to data provided by the company, Better Mortgage claims it was the third fastest online lender to reach $1 billion in originations, trailing only Goldman Sachs’ Marcus and SoFi.
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  • Guaranteed Rate hires Quicken Loans exec Craig Lombardi to grow online division

    Replaces Scott Stephen, who was promoted to chief growth officer
    Guaranteed Rate, one of the nation’s largest retail mortgage lenders, is looking to grow its online lending platform, and is bringing in Quicken Loans’ director of mortgage banking to lead the push. Craig Lombardi replaces Scott Stephen, who Guaranteed Rate promoted to chief growth officer.
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  • Redfin Mortgage now available in Virginia

    Online real estate brokerage continues expansion of lending operation
    Redfin is expanding its mortgage lending operation again. Initially, Redfin Mortgage was available in Texas. Then, the company expanded to Illinois, Washington, D.C., and Pennsylvania. Redfin announced Thursday that it is now offering mortgages in Virginia as well.
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  • Growing pains for SoFi? Online lender lays off mortgage staffers

    Cutting 5% of its total staff
    It appears that SoFi is suffering a bit of growing pains as it pushes to expand its mortgage lending operation.Last week, Bloomberg reported that SoFi was buying the engineering and product teams of Clara Lending, a mortgage startup founded in 2010. But as those new staffers come in, other staffers are being let go.
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  • SoFi pushing further into mortgages by acquiring tech teams from startup Clara Lending

    Bloomberg reports that SoFi wants to hire 100 engineers
    It’s been a little more than three years since SoFi expanded into mortgage lending, and while the company has since grown into one of the largest online residential mortgage retailers, it seems that’s not enough for SoFi. SoFi appears to be planning a larger push into mortgages, going so far as to buy some of the technology expertise of another mortgage lending startup.
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  • Roostify bringing digital mortgages to LendingTree

    Companies partner to bring total digital experience to LendingTree users
    LendingTree will now be able to offer a full digital mortgage experience to its users thanks to a new partnership with Roostify, a provider of automated mortgage transaction technology. All of the lenders that appear on LendingTree will have the ability to use Roostify to create a “seamless path” from selecting a lender to actually applying for a loan and beyond.
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  • Online mortgage lender Lenda expands to four new states

    Now available in Illinois, Pennsylvania, Michigan, and Arizona
    Last year, online mortgage lender Lenda announced that it raised $5.25 million in its Series A round of funding, and planned to use the money to expand its business into new states. On Tuesday, Lenda announced that it’s done just that, adding four new states to its base of operations.
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  • Better Mortgage launches in Texas

    Online mortgage lender adds Texas as 14th market
    Consumers in the Lone Star State can now turn to online lender Better Mortgage for their mortgage needs. The company expanded its base throughout 2017, most recently expanding to Florida in August. Texas is the company’s 14th market.
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  • Roostify rolls out new program to educate borrowers on their loan options

    “Decision Builder” provides applicants with loan info, options
    Roostify, which helped Chase and Guild Mortgage take their mortgage platforms digital this year, is boosting its mortgage technology platform with a new tool that aims to educate prospective borrowers on their loan options before ever being contacted by a loan officer. Here's how it works.
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  • Overcoming the skeptics: Lenda CEO on reimagining homeownership with online mortgages

    How Lenda stands out with completely online mortgages
    Jason van den Brand, founder and CEO of Lenda, an online mortgage company, constantly faces criticism on the idea and desire for completely digital mortgages. What makes Lenda stand out is that it eliminates the middleman in the mortgage process. So, to no surprise, loan officers aren’t too happy with this idea. But to van den Brand, this is the future of lending.
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