Home prices inched up only slightly to wrap the spring homebuying season. Processing Content The S&P Cotality Case-Shiller indices posted a 1.5% annual gain in home prices in June, but just a 0.1% monthly increase. While the year-over-year figure represented a slight uptick, the monthly trend was a larger step backward. The gains trailed inflation […]
Home prices trail inflation again: where growth still holds Read More »
The mounting war of words between Better’s board of directors and its former CEO is escalating, as the former goes public in its defense to prevent Vishal Garg from regaining control. Processing Content In a company update issued publicly on Monday, a special committee of the Better Home and Finance board emphasized that the early-month
Better battle escalates as board seeks to block Garg return Read More »
Despite substantial investment in artificial intelligence, mortgage origination remains expensive and labor-intensive. In the first quarter of 2026, the average cost to originate a loan rose to $11,898, while lenders earned just $727, or 16 basis points, in pre-tax production profit. Why has that investment not produced a visible reduction in the cost to originate?
AI Divide in Mortgage Lending is Structural, Not Software Read More »