Black Knight: Home Affordability Is Currently at Exceptional Level
The latest Mortgage Monitor Report from Black Knight Inc.’s Data & Analytics division explains how several years of unabated home-price increases have...
Redfin: More Home Buyers Are Making Offers Sight-Unseen
According to a new report from Redfin, 45% of people who bought a home in the past year made an offer on...
Mortgage Rates Decrease, Average Rate for 30-Year Dips Below 3% Again
After rising slightly the previous week, mortgage rates decreased again during the week ended July 30, as the average rate for a...
Pending Home Sales: ‘Quite Surprising and Remarkable’
According to the National Association of Realtors, pending home sales continued to increase in June, with each of the four major regions...
Mortgage Applications Dip Slightly Following Four Weeks of Gains
Following four straight weeks of gains, mortgage application volume dipped 0.8% on an adjusted basis during the week ended July 24, according...
Roostify Adds Functionality for Confirming Conditional Approval
Roostify says loan officers can now request a conditional mortgage approval directly through the Roostify lending platform.Once the...
Plaza Home Mortgage Now Accepting Full E-Closings
Plaza Home Mortgage reports that it is now accepting full e-closings on all conventional Fannie Mae and Freddie Mac eligible loans originated...
New Home Sales Continued to Rise in June
New home sales in June were at a seasonally adjusted annual rate of 776,000, an increase of 13.8% compared with 682,000 in...
LO Commissions Increased 59% Year-Over-Year in the Second Quarter
A significant increase in refinance volume in the second quarter resulted in a 59% increase in total loan originator (LO) commissions compared...
Mortgage Rates Increase Slightly But Remain at Historic Lows
After dropping for three consecutive weeks - each time to a new historic low - mortgage rates reversed course this week and...
Homespire Mortgage Hires Industry Veteran Arlin Shepard
Mortgage industry veteran Arlin Shepard recently joined Homespire Mortgage as branch manager for the lender’s the Front Range, Co., office.
Planet Home Lending Promotes Four to Vice President
Planet Home Lending, a national lender and servicer, has promoted four new vice presidents to support the company’s continued growth.
DocMagic and Simplifile Partner to Boost Digital Processes
DocMagic Inc. has partnered with real estate document collaboration and recording technology provider Simplifile to deliver new process efficiencies that further digitize...
Title Company Using Black Knight Expedite to Enhance Closing Process
Boston National Title has selected Black Knight Inc.'s Expedite suite of web-based electronic signature and document fulfillment technologies to enhance its digital...
FHA Revises Single-Family Servicing Policies to Help Homeowners Seeking Mortgage Payment Relief
The Federal Housing Administration (FHA) has published proposed revisions to its single-family servicing policies that are designed to remove unnecessary barriers for...
Ellie Mae: Purchase Market Rebounded in June
Interest rates on all closed loans continued to decline in June to 3.40%, down from 3.43% in May, according to the latest...
MortgageCountry Closing Loans in 13 Days Using DocMagic
MortgageCountry, a newly formed mortgage banker, has implemented DocMagic’s Total eClose platform and dynamic document preparation service. Since its...
Mortgage Rates Fall to Yet Another Historic Low
Mortgage rates fell to a new low this week, with the average rate for a 30-year fixed-rate mortgage at 2.98%, down from...
New-Home Purchase Applications Up 50 Percent Year Over Year
Data from the Mortgage Bankers Association’s (MBA) Builder Application Survey for June shows that mortgage applications for new home purchases increased 54.1...
Mortgage Refinance Applications Make a Strong Jump
The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 10 shows that refinance applications increased 12 percent...