New Jersey Passes Licensing Law for Nonbank Mortgage Servicers
BLOG VIEW: New Jersey recently introduced legislation that regulates mortgage servicing in the state. Under the new law, which takes effect July...
Housing Starts Dipped in May, Permits Up Slightly
Housing starts in May came in weaker than forecast at an annual rate of 1.269 million, a decrease of 0.9% compared with...
CoreLogic: Mortgage Delinquency Rate Held at 4% in March
About 4% of mortgages nationally were in some stage of delinquency in March - the lowest mortgage delinquency rate in 13 years...
Freddie Mac: Low Mortgage Rates, Strong Labor Market to Boost Home Sales
Low mortgage rates along with a strong labor market will help boost home sales and origination volume over the next year and...
LenderClose Grows From Four to 25 Employees in Under 15 Months
Matthew Brown, Phyllis Nelson and Jessica Wilson recently joined fast-growing mortgage technology firm LenderClose as software engineers.In addition,...
Mortgage Rates Mostly Flat
Mortgage rates held steady during the week ended June 13, with the average rate for a 30-year fixed rate mortgage holding at...
Hometown Lenders Using ReverseVision For Launch of HECM Lending Division
Hometown Lenders, a Huntsville, Alabama-based, multi-channel mortgage lender with more than 80 branches across 38 states, is using ReverseVision’s RV Exchange (RVX) loan origination...
MBA: Applications for New Home Purchases Jumped 20% in May
Applications for mortgages for new home purchases increased 20.1% in May compared with April and were up 0.1% compared with May 2018,...
First American Hires Paul Bandiera as VP of Information Technology Strategy
Paul Bandiera recently joined First American Title Insurance Co. as vice president of information technology strategy.Bandiera previously served...
Report Shows Where Closing Costs Are Highest
Where were closing costs highest in 2018?According to ClosingCorp, which collects and analyzes such data, states with the...
Falling Mortgage Rates Lead to Surge in Refinance Activity
Thanks to a huge jump in refinance volume, driven by falling rates, total mortgage application volume increased an impressive 26.8% on an...
Waterstone Mortgage Promotes Stephanie Ziebell to SVP and General Counsel
Stephanie Ziebell has been promoted to senior vice president and general counsel at national mortgage lender Waterstone Mortgage Corp.
Volly Launches New Mobile POS, Revamps its Mobile CRM Application
Volly, a provider of CRM, marketing automation, marketing store and POS solutions for banks and mortgage companies, has launched a new mobile...
LoanCare Taps Michael Blair as Chief Administrative Officer
Mortgage servicing veteran Michael Blair recently joined LoanCare, a ServiceLink company, as chief administrative officer.Blair has more than...
Tedd Smith: Mortgage Lenders Can Be Confident in Technology ROI
PERSON OF THE WEEK: As the cost to originate loans continues to increase, mortgage lenders are struggling to turn a profit. According...
Leveraging a Commercial Property Loan Insurance Strategy to Increase Credit and Grow CRE Lending
BLOG VIEW: Against a backdrop of a strong and growing economy and despite confusion over recent tax changes, commercial real estate lending...
CoreLogic: Home Equity Growth Slowing Along with Price Appreciation
A majority of U.S. homeowners saw significant home equity gains in the first quarter, as home prices continued to rise in most...
Waterstone Mortgage Hires Eric Debelack as Area Manager
Eric Debelack recently joined national mortgage lender Waterstone Mortgage Corp. as an area manager based in the firm’s Pewaukee, Wisc., branch.
Freddie Mac Launches All For Home
In keeping with its mission to make homeownership more affordable, Freddie Mac has launched a new program, All For Home, that includes...
Homebridge Begins Acquisition of HomeStreet’s Retail Mortgage Operations
Homebridge Financial Services reports that it has completed the first phase of its acquisition of the retail mortgage operations of HomeStreet Bank.
