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MBA: Mortgage Bankers Saw ‘Less Severe’ Net Losses in Q1 

Mortgage bankers continued to lose on originations in the first quarter, as the average pre-tax net loss per loan was $645, according to the...

Down Payment Resource Now Integrated with ICE Mortgage Technology’s Encompass

Down Payment Resource, offering homebuyer assistance program data and solutions, recently announced an integration with ICE Mortgage Technology that embeds down payment assistance program...

Truity Credit Union Using Dark Matter’s Empower LOS

Truity Credit Union, a member-owned credit union with locations in Oklahoma, Kansas and Texas, is using Dark Matter’s Empower loan origination system to provide loan...

Mortgage Rates Fell This Week as Average Rate for 30-Year Dipped Below 7 Percent

Mortgage rates fell this week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.94%, down from 7.02% last week, according to...

NAR: Existing-Home Sales Fell in April But Inventory Increased 9 Percent

Lack of inventory, high home prices and rising mortgage rates slowed existing-homes sales in April. According to the National Association of Realtors (NAR), existing-home sales...

First Home Mortgage Promotes Tim Whittier to President

Tim Whittier has been promoted to president at First Home Mortgage. Whittier first joined First Home Mortgage in 2009. He began his mortgage banking career in...

Finaya Unifies Home Buying and Selling, Mortgage, Insurance, Title and Closing Services

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services...

MBA: Mortgage Applications Increased 1.9 Percent Last Week as Rates Fell

Mortgage application volume increased 1.9% during the week ended May 17, as the average rate for a 30-year- fixed-rate mortgage fell to to 7.01%,...

Fairway Independent Mortgage Promotes Carrie Guarrero to President of Fairway Ignite

Carrie Guarrero has been promoted to the role of president of Fairway Independent Mortgage Corp.’s coaching platform, Fairway Ignite. Guarrero has participated in various coaching...

Zillow Home Loans Rolling Out New Tool to Help Borrowers Assess Affordability

Zillow Home Loans is introducing a new tool that helps borrowers assess how much home they can afford. The new tool, BuyAbility, gives buyers a...

Halcyon is Integrating With Fannie Mae’s Desktop Underwriter

Halcyon is integrating with Fannie Mae's Desktop Underwriter (DU) validation service, with final authorization at a later date. This new integration utilizes the widely recognized...

Planet Home Lending Names Bill Shuler Chief Information Officer

Bill Shuler has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president, chief information officer. Shuler has more...

Ben Rempe Tapped as President of myCUmortgage

Ben Rempe has been named president of mortgage services provider myCUmortgage, effective June 3. myCUmortgage is a credit union service organization (CUSO) and wholly owned...

Redfin: New Home Sales Continue to Represent One-Third of All Home Sales 

One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, according to a Redfin report. Although that is...

New and Active Listings Increased in April as Home Prices Continued to Rise

The median U.S. home sale price increased 6.2% year over year in April to $433,558 — the highest level on record, according to Redfin. Today’s...

VantageScore Releases New Credit-Scoring Model, VantageScore 4plus

VantageScore has released the newest version of its credit-scoring model, VantageScore 4plus. The new version combines the power of alternative open banking data with traditional credit...

Asurity Technologies Taps Brad Vasto as SVP, Sales

Brad Vasto has joined Asurity Technologies, which offers consumer lending compliance software and advisory services, as senior vice president - sales. Vasto has more than...

Snapdocs’ eVault and SitusAMC’s ProMerit Now Integrated

Snapdocs eVault is now integrated with SitusAMC’s ProMerit platform, allowing warehouse lenders to manage e-note transactions seamlessly and securely from within their warehouse lending...

Mortgage Rates Decrease for a Second Consecutive Week

The average rate for a 30-year fixed-rate mortgage fell to 7.02% this week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). A year ago...

Clear Capital’s Suite Now on Dark Matter’s Exchange Service Network

Clear Capital's suite of valuations solutions is now available through Dark Matter’s Exchange Service Network, an API marketplace for mortgage lenders, servicers and service...