Combined, Thrive Mortgage and Lower.com have originated about $3.3 billion over the past 12 months, according to Modex data.
In an update to its selling guide, Fannie Mae announced Wednesday that it was expanding the use of attorney opinion letters in lieu of title insurance.
Title and settlement fees have been characterized as a high-burden and regressive cost to borrowers. Neither is true, writes Mark Fleming, chief economist at First American.
Texas-based mortgage platform Stairs Financial launched on Thursday with an emphasis on helping first-time homebuyers.