MBA: Applications for New Home Purchases Sank 6 Percent in August
Applications for mortgages for new home purchases decreased 6% in August compared with July but were up 1% compared with August 2024, according to...
Compass to Merge With Anywhere
Compass, a tech-enabled real estate services company that includes the largest residential real estate brokerage in the U.S. by sales volume, is merging with...
Rate Launches Mobile App that Delivers an All-Spanish Mortgage Experience, End-to-End
Mortgage lender Rate reports that it has launched a mobile app that delivers an end-to-end Spanish experience.
The development of this mobile, all-Spanish experience marks...
Ardley OneLink Enables Real-Time, Customized Mortgage Offers for Any Qualified Borrower
Ardley, a provider of borrower-level mortgage intelligence, has launched Ardley OneLink, a universal entry point to the Ardley Intelligence Platform that enables lenders and...
Closinglock Introduces Automated, Insured Payoff Retrieval
Closinglock, providing secure digital payments and wire fraud prevention for real estate transactions, has acquired the payoff retrieval tool from Viking Sasquatch and is...
MISMO Taps Brian Vieaux as President
Mortgage industry veteran, author and thought leader Brian Vieaux, CMB, has joined MISMO, the real estate finance industry's standards organization, as its new president,...
Merchants Bank of Indiana Using Blue Sage to Power its Jumbo Correspondent Lending Program
Merchants Bank of Indiana, a full-service bank with more than $18 billion in assets, is now using Blue Sage’s Digital Lending Platform to power...
Home Prices Decreased Nationally in August But the Luxury Market Continues to See Gains
U.S. home prices decreased -0.2% in August compared with July but were up 1.2% compared with August 2024, according to the latest First American...
FirstClose Builds Out its Sales Team With Four New Hires
Austin Wilcox has joined mortgage software provider FirstClose as a regional vice president.
In addition, Darcy Hall has joined the company as a business development...
Mortgage Rates Drop for a Fourth Straight Week
Mortgage rates continued to fall this week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.26%, down from 6.35% last week,...
Housing Starts Fell 8.5 Percent in August
Housing starts continued to fall in August, dropping to a seasonally adjusted annual rate of 1.307 million, down 8.5% compared with July, according to...
Fed Cuts Rates in Response to Softening Labor Market
The Federal Reserve on Wednesday approved the first rate cut in nine months and signaled that more cuts are likely before the end of...
Mortgage Applications Surged Nearly 30 Percent Last Week on Lower Rates
Mortgage application volume surged 29.7% on sharply lower rates last week, as borrowers who took out loans during the past 1-3 years rushed to...
Planet Home Lending Expands its Presence in Atlanta
Planet Home Lending has expanded its retail presence in Atlanta with Area Sales Manager Patrick Ridley.
Ridley will use the lender’s extensive suite of mortgage...
NotaryCam Partners With Dovenmuehle, Ruth Ruhl to Streamline Loan Modifications
NotaryCam, a provider of remote online notarization (RON) and identity verification/authentication technology, is partnering with mortgage servicer Dovenmuehle Mortgage and Texas-based law firm Ruth...
Automation as the Anchor: How Servicers Can Navigate CFPB Uncertainty, Compliance and Cost Pressures
The mortgage servicing industry is maneuvering one of the most dynamic and uncertain environments in recent memory. Rising loan servicing costs, tightening profit margins,...
Usherpa Enhances its Integration With Homebot
CRM software provider Usherpa has announced an enhanced integration with Homebot that will empower users to engage more leads, sync contacts automatically, and act...
ATTOM: Foreclosure Starts Continued to Rise in August
Foreclosure starts were down slightly in August compared with July but were up 17% in compared with August 2024, according to ATTOM’s latest U.S....
Some Homeowners Are Starting to See Their Equity Gains Decrease
Homeowners with mortgages are starting to see their home equity decrease, mainly in markets where home prices are decreasing, with the average U.S. homeowner...
Better.com Reports 166 Percent Annual Growth for its Home Equity Products
Better.com reports that its home equity line of credit (HELOC) product has collectively helped customers pay off more than $193 million in debt while...