Fannie Mae: Purchase Volume Will Rise Moderately in 2019
Purchase mortgage origination volume is projected to rise moderately in 2019 compared with 2018, amid flat home sales and slower home price...
Mortgage Rates Increased For a Third Consecutive Week
Mortgage rates edged upward for a third straight week, as the average rate for a 30-year fixed-rate mortgage reached 4.17%, up from...
LoanLogics Appoints Bill Neville as CEO
Bill Neville has been appointed CEO of LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition.
Refinance Share Regained Some Ground in March
Due to a significant drop in mortgage rates, the refinance share of mortgage origination volume increased to 35% in March, up from...
Thoma Bravo Closes its Acquisition of Ellie Mae
Private equity investment firm Thoma Bravo has completed its acquisition of mortgage origination software firm Ellie Mae for approximately $3.7 billion.
Rising Rates Cause Mortgage Applications to Fall For a Second Straight Week
Mortgage application volume fell for a second straight week during the week ended April 12, but the decrease was due mainly to...
Calyx Now Integrated with Land Gorilla
Calyx, a provider of mortgage loan origination software, recently announced that its Path loan origination system is now integrated with Land Gorilla’s...
Home Point Financial Acquires Platinum Mortgage’s Wholesale Division
Home Point Financial, a national mortgage originator and servicer, has acquired the wholesale division of Platinum Mortgage Inc., including Platinum’s sales team and...
Churchill Mortgage Taps Tim Broadhurst as SVP of Loan Officer Development
Industry veteran Tim Broadhurst recently joined Churchill Mortgage as senior vice president of loan officer development and senior home loan specialist.
Anow Announces Integrations with Veros
Anow, a developer of appraisal management software, has integrated Veros PATHWAY, VeroSELECT and VeroSCORE QC from Veros Real Estate Solutions with its...
Lender Price and Mountain West Financial Team to Build Online Borrower Portal
Lender Price, a provider of digital lending technology for the financial industry, and Mountain West Financial, a regional mortgage lender based in...
Mortgage Rates Edge Up Slightly But Are Forecast to Remain Stable
Following a 22-basis-point drop two weeks ago, mortgage rates started to edge back up again, with the average rate for a 30-year...
Mortgage Application Volume Dipped as Rates Increased Slightly
After a significant drop the previous week, mortgage applications fell 5.6% during the week ended April 5, as the average rate for...
Arch Mortgage Insurance Now Integrated with OpenClose’s LOS
Arch Mortgage Insurance Co., a wholly owned subsidiary of Arch Capital Group Ltd., and OpenClose, a multi-channel loan origination system (LOS) and...
Applications For New Home Purchases Surged in March
Applications for mortgages for new home purchases jumped 19% in March compared with February and were up 7% compared with March 2018,...
Verus Completes Second Largest Non-QM RMBS Transaction
Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM, investor lending solutions and fix and flip loan programs, has finalized...
Planet Home Lending Hires Jennifer Folk as SVP of National Operations
Jennifer Folk has joined Planet Home Lending, a national lender and servicer, as senior vice president of national operations and operations support.
Calyx Software Enhances its Zip Point-of-Sale Platform
Calyx Software has enhanced its Zip point-of-sale platform to provide larger organizations with greater control and transparency over individual user profiles.
March Saw Consumers More Confident in Housing Market
After decreasing slightly in February, consumer confidence in the housing market jumped in March, rising 5.5 points to a score of 89.8...
NewDay Expects to See its VA Loan Volume Jump 10% in 2019
Rob Posner, founder and CEO of VA mortgage lender NewDay USA, says it expects to see the company's Veterans Affairs loan volume...
