Matt Carter
Inman News
San Francisco, CA, United States
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Past articles by Matt:
Offerpad Cutting More Jobs in Conjunction with $90M Private Raise
Struggling iBuyer confirms the company has laid off an unspecified number of employees, with more details coming on Feb. 22 fourth-quarter earnings call. → Read More
Reduced refi fears could help ease pressure on mortgage rates
Mortgage investors have been demanding higher yields because of fears that borrowers will refinance if rates fall. → Read More
Surveys Show Impact Of Mortgage 'Lock-In Effect' On Seller Psychology
Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns such as interest rates, inflation or a recession. → Read More
Mortgage rates fall — but so does demand, breaking 4-week streak
As mortgage rates continue to retreat from 2022 highs, all eyes will be on Federal Reserve as policymakers conduct their final meeting of the year next week. → Read More
Ribbon partners with Coldwell Banker Heritage for Ohio launch
Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states. → Read More
Power Buyer Knock revamps board of directors
Representative of NAR's venture capital arm, Second Century Ventures, will serve as an observer on Knock's board of directors. → Read More
LoanDepot to lay off workers as originations plunge 48%
LoanDepot will lay off workers and suspend its quarterly dividend after posting a $91.3 million first quarter loss. → Read More
Shared equity platform Point to launch down payment product
New offering will provide up to 15 percent of a home's purchase price to put toward a down payment, helping buyers qualify for pricier homes and avoid private mortgage insurance. → Read More
Vontive Nabs $135M For Embeddable Real Estate Investor Loan Platform
Series B round led by Zigg Capital includes $25 million in venture capital and $110 million in debt. → Read More
Rising mortgage rates not deterring spring homebuyers
Despite rising rates, purchase mortgage applications were up 1 percent during the week ending March 25, according to a weekly survey by the Mortgage Bankers Association. → Read More
Tomo's $40M Series A More Than Doubles Its Valuation To $640M
Having set up shop in Michigan and Ohio, the purchase mortgage fintech is now up and running in seven states. → Read More
Homebuyers taking rising mortgage rates in stride
As rates breach 4 percent for the first time since 2019, requests to refinance are down more than 50 percent from a year ago. → Read More
Fathom buys mortgage lender Cornerstone First Financial
Known primarily as a real estate brokerage, Fathom got into the mortgage business last year with the acquisition of Encompass Lending Group. → Read More
Mr. Cooper sells platform rights to Sagent in boon for mortgage tech
The deal paves the way for the first 'cloud-native' mortgage servicing platform. → Read More
Fathom Realty grows by 435 agents in Utah with iPro acquisition
The 835 agents Fathom has added through three acquisitions in the last eight months brings the company's total agent count to more than 8,000 in 34 states and Washington, D.C. → Read More
Unison Securitizes Record $443M In Residential Equity Agreements
As home prices soar, institutional investors warm to the idea of taking an equity stake in single family homes. → Read More
Demand for mortgages sags as rates keep rising
With inventory remaining tight for entry-level buyers, the average loan request hit another record high of $446,000. → Read More
Homebuyer Sentiment Hits New Low in Fannie Mae Survey
Only one in four consumers responding to Fannie Mae’s latest monthly National Housing Survey thought it was a good time to buy — a new low in survey records dating to 2010. → Read More
Mortgage lenders more willing to loan to 'non-prime' borrowers
Home loans provided to subprime and near-prime borrowers were up 17.6 percent during Q3 2021. → Read More
Getting started as a real estate agent: 102 tips from top Realtors
Inman reached out to more than a hundred of the country's top-performing Realtors and asked them what they would say to a real estate agent just starting out in 2023. These are their answers. → Read More