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Industry News

Wells Fargo set to originate mortgages for 3D-printed homes

Industry News, Mortgage technology, Originations, REALTORS & HOMEBUILDERS /

3D home development received a stamp of approval this week within the mortgage industry thanks to a new lending agreement between Wells Fargo Bank and technology construction firm Icon.  Processing Content The two companies announced a deal that makes the San Francisco-based banking giant the preferred lender for new 3D-printed residential properties built by Icon. […]

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All-cash home sales drop to lowest share in 6 years

Home Prices, Housing markets, Industry News, Mortgage Rates /

All-cash home purchases dropped to its lowest March level in six years, as mortgage rates are down, comparatively, and buyers hold negotiating power. Processing Content Just less than 29% of homebuyers in the United States paid in all cash in March, a full percentage point drop from 29.8% a year earlier and tied with 2021

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Surprise! Contract signings, listings point to best spring in years

Housing markets, Industry News, Originations /

The housing market is seeing its best start to home buying season in years, thanks to competitive seller pricing, according to a report from Realtor.com.  Processing Content Year to date, new seller listings are up 1.4% compared to 12 months earlier, while contract signings grew 2.9% versus 2025, the home buying platform said in its

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AI set to reshape secondary market pricing and trading

Artificial Intelligence, Industry News, M&A, Mortgage technology, Secondary markets /

Artificial intelligence could soon upend how secondary market assets are priced and traded, and mortgage technology leaders say the industry may never look the same.   Processing Content Its abilities are only set to improve just as they are on the originations side of the industry, resulting in a possible reset of asset trading processes as

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Rocket, Redfin roll out buyer incentives and new products

Industry News, MARKETING TO BORROWERS, Redfin, Rocket Mortgage /

Rocket Cos. is encouraging homebuyers and sellers to use its mortgage lending subsidiary and recently-acquired Redfin with the launch of a new offering. Processing Content Eligible buyers and sellers can save up to $20,000 on their next home when they buy and sell with a Redfin agent and finance with Rocket Mortgage, the companies announced

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Northeast, West Coast make up the hottest rental markets

Housing markets, Industry News, Rentals /

The Northeast and West Coast make up most of the top rental markets this summer, as was the case for the top housing markets in 2026. Processing Content Providence, Rhode Island, headed Zillow’s hottest rental markets list, beating out New York and San Francisco, the company announced in a press release Monday. Hartford, Connecticut, Los

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Panorama Mortgage Group unifies channels under new name

Career moves, Industry News, Marketing, MARKETING TO BORROWERS, Originations /

Panorama Mortgage Group, parent company of several lenders focused on affordable homeownership, is rebranding itself to unite multiple brands under one name, it announced Monday. Processing Content All of the Las Vegas-based company’s channels, including Alterra Home Loans and Travisa Financial, will go by SimplyPMG, which more accurately reflects the company’s mission to guide borrowers

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Real estate agents show more optimism in 2026 housing market

Housing affordability, Housing markets, Industry News, REALTORS & HOMEBUILDERS /

Although the war in Iran has heightened affordability struggles for potential homebuyers, real estate agents are more optimistic about the housing market than they were a month ago. Processing Content The Real Brokerage’s Agent Optimism Index, which measures agents’ 12-month forward outlook, increased to 64 in April from 62 in March. While notably below February’s

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Freddie Mac: 30-year rate dips despite hot inflation report

Industry News, Mortgage Rates, Originations /

Freddie Mac reported rates edging downward this week, diverging from Treasurys, as a hot inflation report brought with it higher bond yields and signs of rising housing market pessimism. Processing Content The 30-year fixed rate came in one basis point lower, according to Freddie Mac’s Primary Mortgage Market survey of May 14, averaging 6.36%. Rates

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Newrez rolls out AI consumer-facing guide in ChatGPT

Artificial Intelligence, Industry News, Mortgage technology, Originations /

After recently touting the cost savings it expects artificial intelligence to deliver, mortgage lender Newrez announced the launch of an AI-backed borrower-assistance tool within ChatGPT.  Processing Content Dubbed Rezi Mortgage Assistant, the lender’s large language-model guide sits squarely within OpenAI’s generative chatbot platform. Output from the assistant is based on Newrez’s internal underwriting guidelines and

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