LodeStar Software Solutions announced an integration with Mortgage Coach, creator of the Total Cost Analysis Borrower Conversion Platform. This integration allows lenders of any size to include accurate closing provider fees when creating a Total Cost Analysis for borrowers.
Tag: Redfin
Record-Low Inventories Drive Record-Low Contract Periods
With record-low housing inventories and sharply increasing home prices, what else could happen? How about record-low contract periods, according to both Redfin, Seattle, and Zillow, Seattle.
Industry Briefs Feb. 3, 2021
Rocket Mortgage, Detroit, launched a national mortgage broker directory, which is prominently displayed on its website.
Industry Briefs Jan. 26, 2021
SitusAMC Holdings Corp., New York, acquired Assimilate Solutions LLC, a provider of mortgage and title knowledge process outsourcing and information technology outsourcing platforms.
For Housing, ‘A’ is for ‘Austin’
One report says Austin, Texas will be the nation’s hottest housing market in 2021. Another report says it already is.
Industry Briefs Jan. 12, 2021
Verus Commercial Real Estate Finance, New York, launched a new product for financing of Single-Family Home Rental Portfolios.
Housing Market Roundup, Jan. 4, 2021
We hope you had an enjoyable holiday break. Here is a summary of some reports that came out over the holidays:
Housing Market Roundup, Dec. 24, 2020
It’s almost the end of a year many of us would like to forget—unless, of course, we’re a mortgage banker. Here’s a summary of a plethora of reports that crossed the MBA NewsLink desk in the past few days:
Bidding Wars Strong for 7th Straight Month; Homes Selling at Fastest Pace in 8 Years
The national median home price rose 14% year over year to $335,519 in November, according to Redfin, Seattle. And in many housing market hotspots, bidding wars persist for more than half of home sales.
Redfin: 14.5 Million Americans Will Move Out of Town in 2021, Fueling 10% Sales Growth
It’s that time of the year, folks, when prognosticators dust off their crystal balls, consult the oracles and offer their predictions for the coming year. Redfin, Seattle, kicks things off with a bold prediction: after nearly a year of the devastating effects of the coronavirus, more people will relocate in 2021 than in the previous decade.