Applications for New Home Purchases Up 33 Percent Year Over Year
The Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) data for August 2020 shows mortgage applications for new home purchases increased 33.3...
Genworth: First-Time Buyer Segment Was Most Active
Genworth Mortgage Insurance’s First-Time Homebuyer Market Report for the second quarter of 2020 shows that first-time home-buyer activity decreased largely due to...
Refinance Share of Originations Edges Up Slightly
According to the latest Origination Insight Report from Ellie Mae, refinances represented 56 percent of closed loans in August, up from 54...
First Community Credit Union Expands Mortgage Operations
First Community Credit Union (FirstCCU), a member-owned financial institution with locations in Wisconsin and Illinois, has added Shawna Sherry and Tammy Kolovitz...
Angel Oak Home Loans Announces West Coast Expansion
Angel Oak Home Loans, a full-service retail mortgage lender with a focus on non-QM loans, reports that it will soon be opening...
Digital Mortgage Document Firm Gets Official Rebranding
Docutech is now officially rebranded to First American Docutech, following First American’s acquisition of the company in March. The organization specializes in...
AI, Machine Learning Behind New Ellie Mae Credit Evaluation Automation
Ellie Mae has launched its new AIQ Credit Analyzer, which uses patented artificial intelligence and machine learning technologies to automate credit evaluation...
Lender Grows its Presence in the Florida Mortgage Market
Churchill Mortgage says it has expanded its lending activities in Florida, led by Jim McQuaig, senior vice president, and Cory Alexander, Florida...
Average Rate for 30-Year Mortgage Hits Another All-Time Low
The average rate for a 30-year fixed-rate mortgage hit another all-time low this week, falling to 2.86%, down from 2.93% last week...
First American Hires Jon Wierks as Vice President of Data and Analytics
Jon Wierks is the new vice president of the data and analytics division of First American Financial Corp., a provider of title...
MBA: ‘There Continues to Be Resiliency in the Purchase Market’
The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 4 shows that mortgage applications increased 2.9 percent...
SimpleNexus Selects Cathleen Schreiner Gates as President
Cathleen Schreiner Gates is the new president of SimpleNexus, which offers a digital mortgage platform for loan officers, borrowers, real estate agents...
FormFree Promotes Cindy Snow to COO
Cindy Snow has been promoted to chief operating officer (COO) at FormFree, a provider of verification solutions to the mortgage industry.
Verity Global Solutions Taps Chetan Patel as COO
Veteran mortgage leader Chetan Patel has joined Verity Global Solutions, an outsourced solutions provider specializing in the mortgage industry, as chief operating...
CoreLogic Hires Pat Dodd as Chief Operating and Growth Officer
Patrick (Pat) Dodd, a prominent growth-oriented leader in big data and analytics, has joined CoreLogic in the newly created position of chief...
Mortgage Rates Edged Up But Remain Near All-Time Lows
Mortgage rates edged up slightly this week, as the average rate for a 30-year fixed-rate mortgage increased to 2.93%, up from 2.91%...
Mid America Mortgage Taps Julas Hollie as Correspondent Division Sales Director
Julas Hollie recently joined Mid America Mortgage as sales director for the company’s correspondent lending division.Hollie has more...
MBA: Net Gain on Originations Jumps Nearly Three-Fold in Q2
The Mortgage Bankers Association's (MBA) newly released Quarterly Mortgage Bankers Performance Report reveals that independent mortgage banks and mortgage subsidiaries of chartered...
Ellie Mae: Home Buyers Born in the 90s ‘Flood the Market’
According to the latest Ellie Mae Millennial Tracker, the share of all purchase loans closed to millennials reached 61% in July, which...
Black Knight Acquires DocVerify
Black Knight has acquired DocVerify, which offers solutions that provide proof of the integrity of digital documents, for an undisclosed sum.