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Mortgage Rates Increased For Second Consecutive Week

Mortgage rates increased for a second consecutive week, with the average rate for a 30-year fixed-rate mortgage rising to 3.73%, up from...

Planet Home Lending Hires Two Mortgage Technology Executives

Muthu Srinivasan has joined Planet Home Lending as chief technology officer (CTO) and Jeffrey Ratter has joined the company as chief information...

CFPB to Enhance Consumer Complaint Database

In response to feedback it received from the mortgage industry in 2018, the Consumer Financial Protection Bureau (CFPB) is taking steps to...

Refinance Share Jumped in August as Rates Continued to Drop

The refinance share jumped to 43% in August as interest rates continued to dive, Ellie Mae’s Origination Insight Report shows.

MBA: Applications For Mortgage Refinances Fell on Higher Rates

Mortgage application volume dipped 0.1% on an adjusted basis during the week ended Sept. 13, as the average rate for a 30-year...

Waterstone Mortgage Opens New Location in Maryland

Waterstone Mortgage has opened a new office in Ellicott City, Md.The new location is managed by Andrew Wagner,...

August Applications for New Home Purchases Up 33% Compared with Last Year

Applications for mortgages for new home sales increased 0.2% in August compared with July and were up an impressive 33% compared with...

ARMCO: Technology Helped Lower Mortgage Defect Rate in Q1

The rate of critical defects in mortgage loans continued to fall in the first quarter, dropping to 1.82% of all loans, a...

Lender Price Adds American Financial Resources’ Loan Products to its PPE

American Financial Resources’ (AFR) loan products have been added to Lender Price’s product and pricing engine (PPE), thus expanding Lender Price’s ability...

PointPredictive Launches New Income Verification Solution

PointPredictive has introduced a new income verification solution for mortgage lenders called IncomePASS.The solution offers a real-time assessment...

Mortgage Rates Jumped But Remain Well Below Year-Ago Levels

Mortgage rates increased this week, with the average rate for a 30-year fixed rate mortgage rising to 3.56%, up from 3.49% last...

Mortgage Credit Availability Tightened in August

Mortgage credit availability decreased in August, falling 3.9% to a score of 181.7 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability...

Insellerate Hires Tami Von Tour as Director of Enterprise Sales

Tami Von Tour has joined Insellerate, a provider of sales software for the mortgage industry, as director of enterprise sales.

Rising Refinance Share Pushed Down Mortgage Application Fraud Risk in Q2

Lower mortgage interest rates and rising refinance share led to an 11.4% annual decrease in the risk of fraud in mortgage applications...

More Jurisdictions Join Simplifile’s E-Recording Network

Thirty-one more counties recently started using Simplifile’s e-recording software - bringing the total number of jurisdictions using the firm’s network to 1,979.

Mid America Mortgage Selects ReverseVision For Roll Out of HECM Program

Mid America Mortgage is using ReverseVision’s reverse mortgage origination platform for the roll out of its HECM and private reverse mortgage products.

Mortgage Application Volume Jumped 2% Labor Day Week

Mortgage application volume increased 2.0% on an adjusted basis during the week ended September 6, which included the Labor Day holiday.

Digital Mortgage Marketplace Simplist Has Launched

A new digital mortgage marketplace has launched.Simplist is a new platform that delivers mortgage options as unique as...

Three Executive Hires at Total Expert

Steve Sovik has joined Total Expert, a provider of marketing and sales software for the mortgage and banking industries, as chief revenue...

Treasury, HUD Release Housing Finance Reform Plans

The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) have presented President Donald Trump with their...

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