Truv Integrates with Digital Lending Software from ICE Mortgage Technology
Truv – an income and employment solution company – has integrated with the latest Encompass Partner Connect API Platform and available through Encompass by...
Q2 Banks, Credit Unions Offer Digital Home Loan Process from Rocket Mortgage
Q2 Holdings Inc., a provider of digital transformation solutions for banking and lending, and Rocket Mortgage, a mortgage lender and a part of Rocket...
July Figures Show a New Record for Share of Homebuyers Seeking to Relocate
The share of homebuyers looking to relocate jumped in July as high mortgage rates and home prices motivated Americans to move to more affordable...
Exceleras and Calque Form Strategic Partnership
Calque, which offers the Trade-In Mortgage solution, is now using Exceleras’ software to manage the disposition of real estate added into its portfolio.
Specifically, Calque...
Delinquencies Drop to 3.64 Percent of Outstanding Loans in Second Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.64% of all loans outstanding at the...
Mortgage Rates Fluctuate But Housing Market Stabilizes, Observes Freddie Mac
The Primary Mortgage Market Survey (PMMS) results from Freddie Mac show that the 30-year fixed-rate mortgage (FRM) averaged 5.22 percent with an average 0.7...
NAR Reports 80 Percent of Metro Areas Showed Double-Digit Price Gains in Q2 2022
Despite escalating mortgage rates and slumping home sales in the second quarter of 2022, a greater number of markets experienced double-digit annual price gains...
CMG Introduces New Nationwide Home Loan Division
The retail division of CMG Financial, a mortgage banking firm headquartered in California, has launched a new unit: CMG Home Loans.
CMG Home Loans is...
Harry Gunsallus, Amy Apuzzo Join Liberty Bank
Harry Gunsallus has joined Liberty Bank, one of the oldest and largest mutual banks in the U.S., as senior vice president, digital strategy officer...
Panorama Mortgage Group Integrates Lone Peak Lending
Lone Peak Lending has joined the Panorama Mortgage Group (PMG) family, a multi-brand national mortgage company headquartered in Nevada. Donovan Stamps will lead the...
Black Knight Delivers Additional Functionality to Optimal Blue PPE System
Black Knight Inc. has enhanced its Optimal Blue PPE, a product, pricing and eligibility engine, to support location-based pricing incentives. The Optimal Blue PPE...
HomeScout Partners with FormFree to Launch HomeScout Qualified Borrower
FormFree has partnered with HomeScout, a wholly owned subsidiary of FirstClose, to launch HomeScout Qualified Borrower, a tool that helps lenders generate leads and...
MBA Report Shows a Mortgage Credit Availability Decrease in July
The Mortgage Bankers Association (MBA) reports that mortgage credit availability decreased in July according to its Mortgage Credit Availability Index (MCAI), a report from...
David Foster: How Today’s Market Impacts the Appraisals and Inspections Landscape
PERSON OF THE WEEK: The housing market has seen many changes over the past couple of years, some as a result of the COVID-19...
Increasing Share of Home Listings Sit on the Market for Longer, Redfin Finds
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year...
CoreLogic Counts Mortgage Delinquencies in May at New Low of 2.7 Percent
CoreLogic, a global property information, analytics and data-enabled solutions provider, has released its monthly Loan Performance Insights Report for May 2022. For the month...
CFPB, DOJ Fine Trident Mortgage For Alleged Redlining
The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) recently ordered Trident Mortgage Co., a non-depository mortgage company operating in Delaware,...
Accurate Group Verified as Freddie Mac ACE+ PDR Software Provider
Appraisal management firm Accurate Group is now verified to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) product, giving lenders...
Keller Mortgage Deploys Mortgage Coach Enterprise-Wide
Keller Mortgage, the mortgage lending arm of Keller Williams Realty, has made Mortgage Coach available to its loan officers enterprise-wide.
Mortgage Coach is a platform...
Black Knight Reports a Nearly 17 Percent Drop in Rate/Term Refinance Locks in July
Black Knight Inc. has released its latest Originations Market Monitor report, looking at mortgage origination data through the end of July. The month's pipeline...