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Home prices may be about to turn negative
Home prices have defied the slow market and continued to climb, year after year. That may be, finally, about to change.
Open banking under pressure: What new data access models could mean for mortgage verification
Recently, JPMorgan Chase announced a shift in how it manages access to consumer banking data, introducing new data access fees for third-party aggregators. While the move focuses on infrastructure cost-sharing and consumer data stewardship, it reflects an evolving discussion about how financial institutions manage and fund access to their infrastructure, raising important questions about how different types of fintech use cases should be treated. For the mortgage sector, this conversation comes at a critical time in the adoption of automated income and asset verification.
AppraisalVision launches AI-powered appraisal execution system
The new system powered by Alpha7X enables order execution, appraiser selection based on market data, and more without human involvement.
Unison announces rate cut on alternative home equity loan product
Unison is lowering the interest rate on its Equity Sharing Home Loan, which aims to help U.S. homeowners tap into record levels of equity.
Reverse mortgage volume, securities issuance increased in April
Two key reverse mortgage performance metrics recorded increases in April, alongside the release of more program data from HUD.
Class Valuation adds two senior sales executives
Jim Bannister and Scott Shaw have more than 45 years of combined experience in mortgage lending, financial services and financial technology.
United Real Estate announces Virginia merger
The newly formed team will operate as RVA Blue Realty. The deal was reportedly backed by third-party acquisition financing.
Mile High Lifestyles joins Your Castle Real Estate, doubles in size
Mile High Lifestyles, led by co-founder Jaden Hanson, has joined Denver-based Your Castle Real Estate and brought along 25 new agents.