Non-QM RMBS Continued to Perform Well in Q4
The credit performance of residential mortgage-backed securities backed by non-qualified, or non-QM, mortgage loans remained strong in the fourth quarter, a recent...
Mortgage Servicer BSI Financial Raises Capital to Purchase MSRs
Mortgage servicer BSI Financial Services reports that it has partnered with two institutional investors to raise $140 million in capital that the...
Pentagon Federal Credit Union Picks Black Knight’s MSP
Seeking to increase operational efficiency and expand its mortgage servicing business, Pentagon Federal Credit Union, the nation’s second largest federal credit union,...
Refinance Share Jumped in January as Mortgage Rates Moderated
The refinance share of mortgage originations increased to 35% in January, up from 29% in December to reach the highest level in...
CA Hires Mike Jones as CFO
Mike Jones has joined Consolidated Analytics, a provider of property valuation, asset management, due diligence, fulfillment and advisory services, as chief financial...
Mortgage Application Volume Jumped 3.6%
Mortgage application volume increased 3.6% on an adjusted basis during the week ended Feb. 15, as fixed mortgage rates remained near their...
Edina Realty Title Now Using Vodii’s TxM GlobalSign Solution
Edina Realty Title, a Berkshire Hathaway Company, is now using Vodii's TxM GlobalSign solution, which allows real estate closing documentation to be...
HomeStreet Bank Seeks to (Mostly) Exit the Mortgage Business
Citing that “it is still unclear when, and to what extent, industry conditions will improve," as well as an overly burdensome regulatory...
LenderClose Hires Software Engineers, Relationship Manager
Russ Panula and Radha Talluri have joined mortgage software firm LenderClose as software engineers while Sam Faust has joined the company as...
OIG Report Finds that Former FHFA Director Watt Acted Inappropriately
An investigation by the Office of the Inspector General (OIG) for the Federal Housing Finance Agency (FHFA) into allegations of sexual harassment...
Mortgage Coach’s TCA Now Integrated with SimpleNexus
Mortgage Coach’s Total Cost Analysis (TCA) loan comparison tool has been added to the SimpleNexus Mobile Originator App by way of an...
Fannie Mae Selling $3.1B Pool of Re-Performing Mortgages
Fannie Mae is auctioning a portfolio of 15,100 re-performing mortgage loans with unpaid principal balance of approximately $3.01 billion.
Ross Mortgage Opens State College, Penn., Location
Ross Mortgage Corp. recently opened a new location at State College, Pa., one of 17 branches it now operates in Michigan, Florida, Pennsylvania and...
MBA: Q4 Mortgage Delinquency Rate Lowest Since 2000
Despite the impact of the fall hurricanes and wildfires, the national mortgage delinquency rate fell to 4.06% as of the end of...
Mortgage Applications For New Home Purchases Surged in January
Mortgage applications for new home purchases were up 43% in January compared with December but were flat compared with January 2018, according...
Fixed Mortgage Rates Dip to Lowest Level in a Year
Fixed mortgage rates fell for a second straight week, reaching the same level they were at one year ago.
Mortgage Lending Outlook: What’s in Store for 2019
As the U.S. economy continued to strengthen throughout 2018, mortgage companies increasingly faced challenges related to rising interest rates, a shrinking housing...
Mortgage Delinquency, Foreclosure Rates Lowest in Decades
The U.S. mortgage delinquency rate fell for an 11th consecutive month in November, reaching the lowest level in more than 11 years,...
NTC Hires Michael Ann Williamson as National Account Executive
Michael Ann Williamson has joined post-closing services provider Nationwide Title Clearing Inc. (NTC) as a national account executive.Williamson...
Pavaso Taps Tim Anderson as SVP of Business Development
Tim Anderson has joined digital closing software provider Pavaso as senior vice president of business development.Anderson has more...
