Share of Mortgages in Forbearance Increased Slightly in November
The share of mortgages in forbearance increased three basis points in November compared with October, rising from from 0.47% to 0.50% of all loans,...
Dovenmuehle Mortgage Gets Tier 1 Rating From HUD
Mortgage subservicer Dovenmuehle Mortgage has received a Tier 1 Rating from the U.S. Department of Housing and Urban Development (HUD) for its Federal Housing...
U.S. Mortgage Delinquency Rate Continued to Rise in September
The U.S. mortgage delinquency rate increased slightly in September to reach 3.0% of all mortgages - an increase of 0.2% compared with September 2023,...
ATTOM: Foreclosure Activity Fell in November
A total of 29,390 U.S. residential properties saw foreclosure filings - default notices, scheduled auctions or bank repossessions - in November, a decrease of...
Dean Kelker, SVP and Chief Risk Officer of Singlesource Property Solutions, Retiring
Mortgage industry veteran Dean Kelker is retiring from his role as senior vice president and chief risk officer of SingleSource Property Solutions effective Dec....
WalletHub: Texas Has the Most People in Financial Distress
Texas, Louisiana, Nevada, Kentucky and Florida are the top five states where Americans are struggling the most with their debt, according to a WalletHub...
Fannie Mae, Freddie Mac Publish Three-Year Plans to Improve Housing Opportunities
Fannie Mae and Freddie Mac have published their three-year plans for improving housing opportunities in underserved markets and communities, the Federal Housing Finance Agency...
Mortgage Delinquencies Down Slightly in October
The U.S. mortgage delinquency rate dropped slightly in October compared with September to reach 3.45% of all loans, according to ICE Mortgage Technology’s First...
University Bank Using Ardley Technologies as Part of Portfolio Retention Strategy
University Bank, which lends nationwide through conventional, faith-based, first mortgage, HELOC and reverse channels, has selected Ardley Technologies to drive its portfolio retention strategy.
Specifically,...
ACES: Rate of Critical Defects Jumped in the Second Quarter
The rate of critical defects found in mortgages post-closing increased to 1.81% of all loans in the second quarter, according to ACES Quality Management...
Share of Mortgages in Forbearance Plans Increased in October
The share of mortgages in forbearance increased to 0.47% as of October 31, up from 0.34% at the end of September, according to the...
MCT: Mortgage Lock Volume Increased 2.5 Percent in October
Despite market volatility, mortgage lock volume increased 2.5% in October compared with September, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets...
ATTOM: Foreclosure Starts, Bank Repossessions Increased in October
There were 30,784 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in October, an increase of 4% compared...
U.S. Household Debt Reached a Record $17.94 Trillion in Q3
U.S. household debt - including mortgage debt - reached a record $17.94 trillion in the third quarter, according to a WalletHub report that uses...
Voyager Title Partners With CaseMax as it Expands Into New Markets
CaseMax, a provider of case management systems, is enhancing service delivery for Indianapolis-based Voyager Title, which handles all aspects of residential and commercial real...
Mortgage QC Software Firm ACES Adds 10 New Credit Union Clients
ACES Quality Management, which offers quality control software to the mortgage industry, reports that it recently added 10 new credit union clients to its...
Optimal Blue Promotes Two Industry Experts to Executive Roles
Erin Wester has been promoted to chief product officer while Mike Vough has been promoted to head of corporate strategy at secondary marketing software...
U.S. Homeowners Tapped Into Their Equity More in the Third Quarter
More U.S. homeowners tapped into their equity more during the third quarter, a report from ICE Mortgage Technology shows.
The firm’s latest Mortgage Monitor report...
Mortgage Delinquency Rate Decreased Slightly in Third Quarter
The national mortgage delinquency rate for residential mortgage loans decreased slightly to a seasonally adjusted rate of 3.92% of all loans outstanding as of...
Sean Dugan Set to Become CEO of Dark Matter Technologies
In a planned transition, Sean Dugan is to assume the role of CEO for Dark Matter Technologies effective April 2025.
Dugan currently holds the role...