Flagstar is offering mentorship and other forms of support to startup companies toiling in the mortgage technology space. Three tech companies completed a similar program with the bank last year.

Even though Fannie Mae and Freddie Mac have loosened standards for property appraisals, lenders are choosing the option of using appraisal waiver programs.

Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)

RE/MAX Holdings and Motto Mortgage acquired wemlo, a provider of third-party mortgage loan processing services.

Though most commercial mortgages are doing well, performance varies starkly among property types, according to the MBA.

Monitoring calls between employees and borrowers can provide insight on customer satisfaction and help servicers meet compliance requirements, according to S&P Global Ratings.

The “new normal” of remote work and social distancing due to the coronavirus pandemic has contributed to a boom in digital lending platforms — and their values.

Two Harbors and Front Yard recently terminated their partnerships with their respective external managers. However, Two Harbors’ refusal to pay a termination fee has landed the REIT in court.

When interest rates on mortgages increase, potential borrowers put more effort into shopping for a loan, according to a study by the Federal Reserve.