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Rechat, Loft47 partner to streamline brokerage operations 

The integration allows deals created in Rechat to flow into Loft47’s back office for compliance checks, accounting and commission processing.

Blend Labs unveils AI system for lending 

Blend Labs introduces Intelligent Origination, an AI system designed to automate and enhance the lending process.

FHA refinance applications rise 12% amid mixed mortgage rates 

Purchase applications declined for the third consecutive week but remained 20% ahead of last year’s pace, MBA reported.

Hometap closes $300M securitization of home equity investments 

Boston-based Hometap has closed a $300 million securitization of home equity investment (HEI) loans originated by the company, marking its fifth transaction in the space.

Refinance wave builds with Fed rate cut on the horizon, but how big will it be? 

Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut in September.

Stephen Miran may join the Fed before the next vote on interest rates 

Trump and other officials are keen to install Miran ahead of next week’s Federal Open Market Committee vote on interest rates as the president continues his battle with Fed Chair Jerome Powell.

Opendoor, Birdie team on cash registry product 

Opendoor Cash Registry allows consumers to crowdfund for their down payment, home renovations or moving costs.

Texas broker wants membership dues waived pending her appeal 

Eytalis is seeking a temporary restraining order preventing the association and MLS defendants from enforcing their membership policies.

FirstTeam continues national expansion, enters Washington state 

The California-based firm welcomes Dori Glass, a former sales manager at Compass to lead its Seattle area operation.

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Updated 10 months ago