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Rocket to shut down origination channel for real estate and insurance agents

Housing Wire

Rocket Companies will soon shut down Rocket Pro Originate , a mortgage origination platform for real estate agents, insurance agents, tax professionals and other financial professionals who are also licensed to originate mortgages.

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Concerns are growing over the rising cost of homeowners insurance

Housing Wire

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry.

Insurance 441
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Finaya Unifies Home Buying and Selling, Mortgage, Insurance, Title and Closing Services

Appraisal Buzz

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services supported by a marketplace of on-demand realtors, loan brokers, lenders and service providers.

Insurance 195
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Opinion: The elephant in the real estate room? Lowballed appraisals

Housing Wire

As a refresher, “redlining” means that no matter the features or amenities that a home provides, if the home is in a neighborhood with Black residents (homeowners or renters), traditional (and more affordable) lending and insurance would be denied — although a few sub-prime options tend to circle these communities like sharks.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Real estate is a $3 trillion industry in the United States.

Insurance 512
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The Real Brokerage to acquire LemonBrew Lending

Housing Wire

Publicly traded real estate firm The Real Brokerage has struck an agreement to acquire the mortgage brokerage arm of real estate and mortgage technology company LemonBrew. The Real Brokerage, headquartered in Ontario, Canada, will pay $1.25 Presented by: Acra Lending. and two Canadian providences.

Brokerage 370
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UWM cuts out title insurer with updated TRAC+ program, rolls out 0% down purchase initiative

Housing Wire

UWM’s TRAC+ announcement comes as the federal government pushes title insurance alternatives designed to save consumers money. No other wholesale lender in the country is offering this, meaning independent mortgage brokers now have a significant advantage with consumers and real estate agents. 0% down During UWM Live!

Insurance 450