Items Tagged with 'Pulte'

ARTICLES

  • Pulte Mortgage going digital with help from Finicity

    Homebuilder’s mortgage arm will use Fincity’s income verification platform
    Pulte Mortgage, the mortgage lending arm of homebuilder PulteGroup, is partnering with 2019 HW Tech100 winner Finicity to further digitize its lending process. Pulte Mortgage and Finicity announced this week that the homebuilder will begin using Finicity’s digital income verification platform, which will allow the lender to reduce its processing time for mortgages.
    Read More
  • PulteGroup accused of hiding shoddy homebuilding from buyers

    Settles with Florida for allegedly building homes that were not to code
    PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office said that it reached a settlement with the Pulte companies after a two-year investigation found that Pulte allegedly failed to disclose to certain Florida buyers that some of its homes were being built in violation of applicable building codes.
    Read More
  • Here's clear evidence of how much more complicated mortgage lending is now

    An inside look at one lender's operations
    At any gathering of housing industry professionals, it isn’t long before the conversation inevitably turns to the current regulatory environment. That was definitely the case at Wednesday’s housing summit hosted by the Urban Institute and CoreLogic. Debra Still, the president and CEO of Pulte Mortgage, surprised some in the crowd by presenting concrete evidence of how much more complicated mortgage lending is now than it was 10 years ago.
    Read More
  • Moody's Cuts Lennar, Centex, Pulte Debt to Junk Status

    And the hits keep coming. Per a press release from Moody's Investors Service today, Lennar, Centex and Pulte were downgraded to junk, with all three companies seeing senior unsecured debt ratings dropped to 'Ba1' on the assessment that the housing downturn will last longer and be stronger than earlier expected.
    Read More