Blend, valued at $3.3B, plans to go public

Blend Labs filed a confidential registration statement with the Securities and Exchange Commission on Friday, signaling its intent to enter the public markets. The dropping of the S-1 closely follows the mortgage tech firm’s big venture capital raise in January, in which it raised $300 … Continue readingBlend, valued at $3.3B, plans to go public

M&A in the title industry? Don’t make these mistakes

As Housing Wire reported earlier this year, 2021 will be a year of heightened M&A activity — and not just for mortgage lenders and originators. As the refinance wave gives way to a purchase market, consolidation is already upon us. This means that, after tremendously … Continue readingM&A in the title industry? Don’t make these mistakes

2 million refi candidates eligible after mortgage rate drop

Another 2 million borrowers could save an average of nearly $300 a month on a refinance thanks to last week’s 10-basis-point drop in mortgage rates. Recent data from Black Knight found the number of high-quality refi candidates moved back up to 13 million last week … Continue reading2 million refi candidates eligible after mortgage rate drop

Higher mortgage rates symbolize an economy rejuvenated

In 2020, housing was an economic bright spot for a nation shuttered inside. Globally speaking, things look much different roughly a year later –  jobs are returning by the millions, a series of viable vaccines are being deployed across America, stimulus checks have hit bank … Continue readingHigher mortgage rates symbolize an economy rejuvenated

Want to boost your home’s property value? Plant a tree

There’s no denying shopping for a home is time-consuming. You have to pay attention to everything – the neighborhood, floorplan, proximity to work, school district and cost. Even if you plan to live in the home for years, you want features that’ll increase your property’s … Continue readingWant to boost your home’s property value? Plant a tree

Black Knight and Stavvy receive MISMO RON certification

Data analytics giant Black Knight and digital mortgage vendor platform Stavvy are the latest companies to officially receive the Remote Online Notarization (RON) compliance certification through the Mortgage Industry Standard Maintenance Organization (MISMO). Their initiation marks the ninth and 10th companies to receive the specialized certification in … Continue readingBlack Knight and Stavvy receive MISMO RON certification

Here it is: A bill to help first-time homebuyers

Consumers have been closely following President Joe Biden’s proposed first-time homebuyer tax credit, but the latest legislative effort to assist homebuyers differs in several significant ways. The newest draft of a down-payment assistance bill would provide $25,000 to first-time homebuyers, but only those who are … Continue readingHere it is: A bill to help first-time homebuyers