Stone Point Capital has purchased Vista Equity Partners’ stake in real estate software company Lone Wolf Technologies. Stone Point will become Lone Wolf’s lead institutional investor, powering the next phase of its growth and expanding its product offering, the company said.
While real estate agents repping luxury homes aren’t seeing as many bidding wars as this summer, their respective housing markets are still crazy right now.
HousingWire recently spoke with Verse founder and CEO David Tal about how Verse is helping lenders engage and nurture leads.
FHA’s new underwriting tech will allow lenders to submit loan application data electronically from their LOS to FHA for mortgage insurance eligibility.
Just before its stock debuted at a disappointing $15 a share, Guild Mortgage settled a federal lawsuit that claimed the lender knowingly breached legal requirements when it originated and underwrote FHA loans.
People Movers provides updates about the business professionals making waves in real estate and mortgage. Here’s the latest.
The NAR existing home sales report released today blew out all estimates with 6,540,000 in existing home sales. This epic headline punctured any 2020 bubbles the housing bubble boys had left in their arsenal. But before we get too excited, keep in mind we are still down 0.2% year to date compared to 2019 levels. Still, this seems like a booming housing market, right?
Stewart Appraisal Management, a subsidiary of Stewart Information Services Corp., announced on Thursday that it acquired valuation services company Pro Teck Valuation Intelligence.
Earlier this year, First American made its latest move toward a fully digital mortgage with its purchase of mortgage tech firm Docutech. Now, that purchase is driving up the company’s revenues.
Sales of existing homes took off in September to a seasonally adjusted annual rate of 6.54 million, up 20.9% from a year ago, NAR said.
2021 is expected to show refinance volume being cut nearly in half. To be prepared for that shift, lenders need to start training now, Dave Stevens warns.
The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday.
