New home supply shows this housing market has stabilized

Today the Census Bureau reported new home sales came in as a beat of estimates at 800,000 and monthly supply of new homes broke under six months. However, the revisions were unfavorable, which should be noted since month-to-month data for new home sales can be … Continue readingNew home supply shows this housing market has stabilized

Digital mortgage platform Maxwell raises another $52.5M

Seven months after a $16 million Series B round, digital mortgage platform Maxwell has raised $52.5 million in additional funding, the company said on Tuesday. The latest round was led by Fin VC, the venture capital firm that also led the Series B capital raise. … Continue readingDigital mortgage platform Maxwell raises another $52.5M

Home price growth remained at record pace in August

After four consecutive months of record growth, annual home price growth remained steady from July to August, according to the latest S&P CoreLogic Case-Shiller National Home Price Index report released Tuesday. The index showed a 19.8% annual gain for the year ending in August 2021, … Continue readingHome price growth remained at record pace in August

Home price growth remained at record pace in August

After four consecutive months of record growth, annual home price growth remained steady from July to August, according to the latest S&P CoreLogic Case-Shiller National Home Price Index report released Tuesday. The index showed a 19.8% annual gain for the year ending in August 2021, … Continue readingHome price growth remained at record pace in August

What Microsoft’s new cloud platform means for mortgage

Bill Borden, corporate vice president of worldwide financial services at Microsoft Tech giant Microsoft plans to launch a new cloud-computing offering targeting the financial-services market on Nov. 1 as part of an effort to further bolster its fast-expanding cloud business. The secondary market may want … Continue readingWhat Microsoft’s new cloud platform means for mortgage

What Microsoft’s new cloud platform means for mortgage

Bill Borden, corporate vice president of worldwide financial services at Microsoft Tech giant Microsoft plans to launch a new cloud-computing offering targeting the financial-services market on Nov. 1 as part of an effort to further bolster its fast-expanding cloud business. The secondary market may want … Continue readingWhat Microsoft’s new cloud platform means for mortgage