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CoreLogic acquires digital mortgage platform Roostify

Housing Wire

Leading property data and analytics company CoreLogic has acquired Roostify , a digital mortgage technology provider. In its statement, CoreLogic said integrating Roostify ‘s mortgage platform into its own network of data assets and workflow platforms would reduce errors and help streamline the mortgage process.

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January Demo Day: Smart Underwrite

Housing Wire

Gateless: Smart Underwrite Smart Underwrite represents a paradigm shift in mortgage lending. Real-time automation of critical underwriting functions, like the evaluation of credit, income, and assets, can drive real-time outcomes, including immediate loan approvals.

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What is a Conditional Loan Approval?

PennyMac

When you submit a mortgage application, the loan underwriter will give the application a status of its approval. One common term you’ll hear is “conditional approval.” What is conditional approval? What Is Conditional Approval? Then, they decide if they’ll approve your loan and lend you the money.

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Builders continue to get a boost from low inventory

Housing Wire

Builders note that additional declines in mortgage rates, to below 6%, will price-in further demand for housing. In addition, 33% of builder expect to experience or have already experienced AD&C loan tightening from regional banking partners.

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