Radian: ‘There Was Nothing Typical About 2020’
According to Radian Home Price Index (HPI) data released today by Red Bell Real Estate LLC, a Radian Group Inc. company, home prices nationally...
SimpleNexus Taps Richard Jackman as VP of Marketing
Richard Jackman has joined SimpleNexus, which offers a digital mortgage platform for loan officers, borrowers, real estate agents and settlement agents, as vice president...
Loansifter Product, Pricing and Eligibility Engine Gets An Update
Black Knight Inc. has rolled out a new version of its Loansifter product, pricing and eligibility engine (Loansifter PPE) that includes a modernized user...
Blue Sage Solutions Gets Capital Infusion From Goldman Sachs Growth Equity
Blue Sage Solutions, which offers the Blue Sage Digital Lending Platform, has closed a financing round from Goldman Sachs Growth Equity, which focuses exclusively...
Applications for Mortgages for New Home Purchases Stayed Strong in December
Applications for mortgages for new home purchases increased increased 0.2% in December compared with November and were up 42.2% compared with December 2019, according...
Mortgage Rates Move Up
Mortgage rates moved up significantly this week, with the average rate for a 30-year fixed-rate mortgage at 2.79%, up from 2.65% last week but...
Mortgage Credit Availability Flat in December
Mortgage credit availability dipped slightly in December, falling 0.1% compared with November to a score of 122.1 on the Mortgage Bankers Association’s (MBA) Mortgage...
MBA: First Week of 2021 Yields ‘Booming Refinance Activity’
For the week ending January 8, mortgage applications increased 16.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA)...
Mortgage Application Fraud Risk Low But on the Rise
The risk of fraudulent information in mortgage applications increased 1.6% in November compared with October, reaching a score of 62 on First American’s Loan...
Ncontracts Acquires Mortgage Compliance Software Firm QuestSoft
QuestSoft Corp., which makes mortgage compliance software, has been acquired by Ncontracts, which provides integrated risk management and compliance software to banks, credit unions,...
CoreLogic Becomes Third-Party Provider for Freddie Mac AIM Tool
CoreLogic has implemented its income calculation and analysis solution through Freddie Mac’s Loan Product Advisor asset and income modeler (AIM) for self-employed solution.
Calculating a self-employed...
Mortgage Rates Start 2021 by Hitting a New Record Low
Mortgage rates hit new record lows as 2021 commenced, with the average rate for a 30-year, fixed-rate mortgage dropping to 2.65%, down from 2.67%...
Jemma Pachiano Promoted to COO at Mid America Mortgage
Jemma Pachiano has been promoted to chief operating officer at Mid America Mortgage Inc., a multi-state, full-service mortgage lender serving consumers and mortgage originators through...
Total Expert Extends Platform to Wholesale Mortgage
Total Expert, which offers an enterprise-grade marketing and customer engagement platform purpose-built for financial services, recently launched Total Expert for Wholesale, a solution geared...
Mortgage Application Activity Kicks Off the New Year Down
According to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending Jan. 1, mortgage applications decreased 4.2 percent from...
November Home Prices Saw Largest Annual Increase Since March 2014
U.S. home prices increased 1.1% in November compared with October and were up 8.2% compared with November 2019, according to CoreLogic’s home price index...
Pending Home Sales Dipped in November But Remain Up Year-Over-Year
Pending home sales fell 2.6% in November compared with October to a score of 125.7 on the National Association of Realtors’ (NAR) Pending Home...
Mortgage Applications Increase as 2020 Draws to a Close
Mortgage application volume increased 0.8% on an adjusted basis during the week ended Dec. 18, as mortgage rates remained flat at historic lows, according...
Home Prices Up 1.7 Percent in October as Pandemic Continued to Fuel Demand
U.S. home prices increased 1.7% on an adjusted basis in October compared with September, as demand increased and supply of available homes continued to...
Cherry Creek Mortgage Announces New Ownership Structure
Cherry Creek Mortgage has undergone a reorganization of its corporate structure to better support its continued growth.
The company is now owned by Cherry Creek...
