A new mortgage company backed by $5.1 million in pre-seed funding is betting that artificial intelligence can change mortgage origination more effectively from inside a lender than as another software product bolted onto existing systems. Elio Mortgage emerged from...
Serious mortgage delinquencies increased in August for the first time after five consecutive monthly declines, but the broader performance picture remains considerably more stable than the headline increase suggests. Loans at least 90 days past due but not in...
A federal judge has rejected Zillow’s attempt to end a proposed class action brought by real estate agents who accuse the company of using its power in home search and lead generation to pressure agents toward Zillow Home Loans and other Zillow-owned services. U.S....
Greystone has assembled a $167 million financing package for the first phase of Gallery at Lummus Parc, a 257-unit mixed-income apartment development along the Miami River that will replace and expand public housing as part of Miami-Dade County’s broader redevelopment...
Mortgage rates moved higher again Tuesday, pushing the daily average for a top-tier 30-year fixed mortgage to its highest level in nearly three years and adding another affordability headwind for a housing market already contending with elevated borrowing costs....