Mortgage Applications Dipped Again Last Week
Mortgage application volume dipped 1.8% on an adjusted basis during the week ended June 26, as the average rate for a 30-year-fixed...
preREO Connects Investors with Distressed Real Estate
preREO has launched a new platform, prereo.com, to connect real estate investors with lenders and servicers to access opportunities with distressed properties.
Listy Limon: Diversity a Key Component of Success in the Mortgage Market
PERSON OF THE WEEK: The glass ceiling has been shattered and women now make up a significant - and growing - share...
Total Expert Taps Josh Lehr as Director of Strategy, Consumer Direct
Josh Lehr has joined Total Expert, offering a fully-integrated marketing and customer experience platform for the mortgage and financial services industries, as...
Case-Shiller: Home Prices Continued to Rise Through April
U.S. home prices continued to rise through April, despite the onslaught of the COVID-19 crisis.According to the S&P...
A Holistic View of the Lending Process
BLOG VIEW: Over the past few years, mortgage visionaries have had many reasons to begin looking at the mortgage origination process in...
Waterstone Mortgage Announces Resignation of CEO
Andy Peach has resigned as president and CEO of Waterstone Mortgage, effective July 31.“We appreciate the contributions Andy...
Pending Home Sales Bounced Back in May
Pending home sales rebounded in May, increasing 44.3% compared with April to reach a score of 99.6 on the National Association of...
Share of Mortgages in Forbearance Dips Slightly
The share of mortgages in COVID-19-related forbearance plans decreased slightly last week to 8.47% of all loans, down from 8.48% the previous...
Garrett Mays: For AMCs, Constant Change is the Biggest Challenge
PERSON OF THE WEEK: Appraisal management companies face a slew of operational challenges - keeping up with ever-changing laws and regulations on...
Redfin: Prices of Most-Affordable Homes Jump Five Percent
Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May...
Mortgage Losses Due to COVID-19 a Major Investor Concern
BLOG VIEW: In three months investor concern for mortgage losses went from distant thought to major valuation worry.An...
ATTOM: For the Average Buyer, Homes Are More Affordable Today
ATTOM Data Solutions’ second-quarter 2020 U.S. Home Affordability Report suggests that the median home prices of single-family homes and condos are more...
Mortgage Rates Sit Flat to End June
The 30-year fixed-rate mortgage averaged 3.13 percent with an average 0.8 point for the week ending June 25, which was unchanged from...
Evolve Mortgage Services Gets Nod from Fitch Ratings
Fitch Ratings has designated Evolve Mortgage Services as an “Acceptable” third-party review (TPR) firm for loans included in Fitch-rated residential mortgage-backed securities...
Stikkum Enhances Mortgage Customer Retention Tool
Mortgage client retention technology specialist Stikkum has released the latest version of its mortgage retention alert and automation platform.
Despite Pandemic, New Home Sales Jumped in May
New home sales in May were at a seasonally adjusted annual rate of 676,000, representing an increase of 16.6% compared with a...
Mortgage Applications Fell Last Week, But Purchase Activity Remains Strong
After increasing for nine consecutive weeks, purchase applications fell 3% on an adjusted basis during the week ended June 19, according to...
TMS, SL3 Join Forces to Aid Lenders and Service Providers
Transformational Mortgage Solutions (TMS), a management consulting firm focused on mortgage lending advisory services, and SupportLink3 (SL3), a specialized sales and marketing...
MFS Names New Head of Wholesale Lending
Mortgage Financial Services (MFS), an independent mortgage bank, has appointed John H. P. Hudson head of wholesale lending.Hudson...