If we built the mortgage market from scratch, what would it look like?
A system designed for purpose Every mortgage market is patchwork. Rules, products, and features exist because of past events, a crisis, a policy choice, or a market failure. The result is a structure that reflects history more than design. That doesn’t make it bad, but it does mean we carry baggage
Zillow faces new claims in amended RESPA suit
The plaintiffs in the Taylor Real Estate Settlement Procedures Act (RESPA) suit filed against Zillow in mid-September filed an amended complaint on Wednesday. The amended complaint contains testimony from a dozen anonymous current and former Zillow-affiliated loan officers and agents that corroborat
Wealthfront announces entrance into the mortgage business
Wealthfront, a fintech known for low-cost investing and savings products, is entering the mortgage business. The California-headquartered company announced Wednesday that was offering early access to Wealthfront Home Lending, which offers mortgages through the company’s automated, software-driven pl
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