A startup focused on modernizing property records intelligence announced a seed funding round, making it at least the second such company to receive early venture capital investment this year. Processing Content Based in Tel Aviv with operations also in Florida, Dono raised $6.5 million in the round led by Link Ventures. Participants also included Lool […]
Property records tech draws fresh VC interest Read More »
Mr. Cooper is facing another complaint over its fees, from plaintiffs claiming over $15 million in damages. Processing Content Two borrowers filed the class action lawsuit this week in Ohio, including parent company Rocket Mortgage as a defendant. The filing seeks relief for over 787,000 borrowers who paid off their mortgage in recent years, who
Mr. Cooper sued over $20 third-party reconveyance fees Read More »
Taking advantage of falling interest rates, largely spurred by narrowing primary-secondary spreads resulting from a White House pronouncement, consumers stepped up rate lock activity, while lenders added products in January, separate reports noted. Processing Content On Jan. 8, Pres. Trump ordered Fannie Mae and Freddie Mac to purchase $200 billion of mortgage-backed securities. This came
Mortgage rate dip ignites refi boom in January Read More »