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Applications for Mortgages for New Home Sales Down 18% in December

Applications for mortgages for new home sales decreased 18% in December compared with November, as the effects of hurricanes Harvey, Irma and Maria, which...

HUD Appoints Four to Key Leadership Roles

J. Paul Compton Jr. has been appointed to lead the U.S. Department of Housing and Urban Development’s (HUD) Office of General Counsel, which provides...

New Year Resolution: Instant Property Reports

BLOG VIEW: As 2017 ends and we look to the fresh start of a new year, it is important to think about all of...

Jacqueline M. Welch Promoted to Head of HR, Chief Diversity Officer at Freddie Mac

Jacqueline M. Welch has been promoted to head of the human resources, diversity and inclusion (HRDI) division and chief diversity officer (CDO) at Freddie...

Guild Mortgage Acquiring Cornerstone Mortgage

Independent mortgage lender Guild Mortgage is expanding it’s footprint in the Midwest with the planned acquisition of St. Louis, Mo.-based Cornerstone Mortgage Inc.Terms of...

Freddie Mac: Mortgage Rates Moved Up As 10-Year Reached Highest Point Since March

Mortgage rates moved upward during the week ended Jan. 11, with the average rate for a 30-year, fixed-rate mortgage (FRM) reaching 3.99%, up from...

Roostify Hires Adnan Habib as VP of Engineering

Adnan Habib recently joined Roostify, which provides a digital loan processing platform, to lead the software firm’s growing product delivery team.Habib has more than...

TD Bank Hires Rick Bechtel and Scott Lindner for its Growing Mortgage Business

As part of its strategic commitment to grow its mortgage business in 2018, TD Bank has hired Rick Bechtel as executive vice president, head...

Indecomm Adds New Capabilities to its Automated Income Verification Solution

Indecomm Global Services says it continues to upgrade its IncomeGenius automated verification solution with new features and capabilities.The latest version offers users - including...

HomeFundMe Takes Crowdfunding for Down Payments to the Next Level with Affinity Portal

HomeFundMe, a crowdfunding platform that helps home buyers come up with a down payment, has launched Affinity Portal, a new program allowing employers to...

Mortgage Credit Tightened in December

Mortgage credit availability decreased 1.8% in December compared with November to a score of 179.2 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability...

Castle & Cooke Mortgage Opens New Branch in Spanish Fork, Utah

Castle & Cooke Mortgage, an independent mortgage lender with locations across the U.S., has expanded its footprint in Utah with the opening of a...

Mortgage Capital Trading Hires Ian Miller as CMO

Ian Miller has joined mortgage hedge advisory and secondary marketing software firm Mortgage Capital Trading Inc. (MCT) as chief marketing officer.Miller has a proven...

Veros: U.S. Home Values Will Increase 4.2% in 2018

Valuations technology firm Veros is forecasting that U.S. home values will increase about 4.2% over the next year, with only 3% of markets expected...

MBA: Mortgage Application Volume Moved Upward New Year’s Week

Mortgage application volume increased an impressive 8.3% on an adjusted basis during the week ended Jan. 5, according to the Mortgage Bankers Association’s (MBA)...

The ‘Unintended’ Effect of New Tax Laws on Property Tax Servicing

In a country with more than 20,000 taxing authorities, making a tax change that affects the timing of tax payments with no notification to the affected parties has tremendous consequence.

Black Knight: U.S. Homeowners Had $5.4 Trillion in ‘Tappable’ Equity in Q3

More than 80% of U.S. homeowners with a mortgage had “tappable” equity in their homes as of the end of the third quarter, according...

First-Time Foreclosures Increased Dramatically In New York City in 2017

First-time foreclosures in New York City increased 58% in 2017 compared with 2016, according to a report on PropertyShark.The NYC Residential Foreclosure Report for 2017...

CoreLogic: Mortgage Delinquencies Up Slightly in October Due to Storms

The national mortgage delinquency rate as of the end of October stood at about 5.1%, an increase of 0.1 percentage points compared with October...

CitiMortgage Shaking Up Its Technology

Citi is at the initial stages of pairing Black Knight’s LoanSphere Empower loan origination system with front-end solution LoanFx, from Digital Risk LLC, in...

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