The mortgage market contracted sharply in September, but lenders serving borrowers outside traditional agency guidelines gained ground. New figures from Optimal Blue’s September Market Advantage report, released Tuesday, show overall rate-lock activity down 26%...
Better Home & Finance Holding Company said Tuesday that its preliminary third-quarter loan volume reached $1.39 billion, up 15% from $1.21 billion a year earlier, even as higher mortgage rates squeezed much of the lending market.The company also reported $790...
Blend says ten lenders have signed on to its Autopilot mortgage automation system, with the software now working on more than 3,500 new loans a week. The figures, disclosed Monday, offer a measure of adoption as mortgage lenders experiment with artificial...
Friday Harbor has introduced a pre-closing mortgage quality-control service backed by an insurance warranty, offering lenders a new approach to managing defects that can lead to investor repurchase demands. The Chicago-based company announced Safe Harbor QC on October...
Walker & Dunlop has arranged $203.5 million in construction financing for 50 Third Avenue, a planned 184-unit mixed-use apartment development in Manhattan’s East Village. The firm announced the financing on October 12, 2026. The project will include 12,529...