Pending Home Sales Increased in February But Took a Dip in the West
Pending home sales increased 0.8% in February compared with January but were down 21.1% compared with February 2022, according to the National Association of...
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.9% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week...
MortgageRight Unveils Campaign to Better Serve Mortgage Originators
MortgageRight, a mortgage financier specializing in residential home financing, has launched its "Test Drive" campaign, designed to help mortgage originators explore a better mortgage...
National Association of Mortgage Brokers Partners with Liberty Reverse Mortgage
The National Association of Mortgage Brokers (NAMB), an association representing the interests of mortgage professionals and home buyers since 1973, says it is partnering...
National MI Integrates with Blend
National Mortgage Insurance Corp. (National MI), a subsidiary of NMI Holdings Inc., is now directly integrated with Blend’s Loan Officer (LO) Toolkit, which supports...
Snapdocs Research Identifies Opportunities to Increase Per-Loan Profits
Mortgage lenders can save more than $400 per loan by using e-closing technology to digitize and automate the mortgage closing process, according to research...
How Mortgage Brokers Can Leverage Digital to Effectively Engage Borrowers
BLOG VIEW: The mortgage market is predicted to experience turbulence in 2023 due to extended periods of high interest rates, stricter qualification criteria and...
Existing-Home Sales Surged 14.5 Percent in February as Rates Dipped
Spurred by a drop in mortgage rates, existing-home sales surged 14.5% in February compared with January, reversing 12 months of month-over-month declines, according to...
MBA: ‘Fourth-Quarter Results Were Abysmal’ for Independent Mortgage Banks
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net loss of $2,812 on each loan originated in the fourth quarter...
MBA: Applications for New Home Purchases Increased in February
Applications for mortgages for new home purchases increased 4% in February compared with January and were up 1.2% compared with February 2022, according to...
Waterstone Mortgage Promotes Jennifer George to VP
Jennifer George has been promoted to vice president – investor relations and credit policy, at Waterstone Mortgage Corp.
George has more than 30 years of...
Mortgage Credit Decreased in February as Industry Capacity Shrank
Mortgage credit availability decreased 3% in February compared with January to a score of 100.1 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability...
U.S Labor Market Continued to Show Signs of Resilience in February
Roughly 311,000 jobs were added to the U.S. economy in February, beating expectations. However, the unemployment rate edged up to 3.6%, according to the...
Mortgage Rates Continue to Rise as Fed Signals More Aggressive Stance on Policy
Mortgage rates continued to increase this week, with the average rate for a 30-year fixed-rate mortgage hitting 6.73%, up from 6.65% last week, according...
Applications Increase, But Most Buyers Are Waiting for Rates to Decline
Mortgage application volume increased 7.4% during the week ended March 3, with applications for refinances increasing 9% compared with the previous week and applications...
BlackFin Group Adds Mike McChesney as Mortgage Technology Executive
Mike McChesney has joined BlackFin Group, a management consulting firm serving the banking and mortgage industries, as principal consultant in the mortgage technology practice.
McChesney...
Black Knight: Market Volatility Thus Far Having Little Impact on Home Values
In addition to rising mortgage interest rates, lack of housing inventory is playing a significant role in the stagnation of home sales, as low...
Fannie Mae Home Purchase Sentiment Index Close to All-Time Low
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 3.6 points in February to 58.0, breaking a streak of three consecutive monthly increases and...
ATTOM Reports Seventh Consecutive Quarterly Decrease in Originations
ATTOM’s fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated...
FormFree Divests AccountChek to Stewart
FormFree has divested its AccountChek auto-verification solution to Stewart and will now focus on its two other solutions: Passport, a mobile application that verifies...