Mortgage Rates Hold Steady as Volume Remains Strong
The average rate for 30-year fixed-rate mortgage held steady at 2.81% this week, up slightly from 2.80% last week but down significantly...
Year-Over-Year Mortgage Fraud Risk Decreases More Than 25 Percent
CoreLogic’s latest Mortgage Fraud Report shows a 26.3% year-over-year decrease in fraud risk at the end of the second quarter of 2020...
MBA on Mortgage Applications: ‘Overall Activity Remains Strong This Fall’
Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey...
First Guaranty’s Maverick Solutions Non-QM Line Is Back
First Guaranty Mortgage Corp. (FGMC) is again offering Maverick Solutions, the company's proprietary non-QM product line, and officially released the Achiever Expanded...
Mortgage Applications Dipped Slightly Last Week as Rates Increased
Mortgage application volume basically held steady, dipping 0.6% during the week ended October 16, according to the Mortgage Bankers Association's (MBA) Weekly...
Planet Home Lending Adds Jerrold David, Walt Nally as Part of West Coast Expansion
Jerrold David has joined Planet Home Lending as regional sales manager in the Greater Los Angeles area.In addition...
LenderClose Adds Five New Hires to its Team
LenderClose, a proprietary, technology-focused lending platform that injects speed and efficiency into the lending process, recently announced five new hires.
Average Rate for 30-Year Mortgage Drops to Record Low
The average rate for a 30-year fixed-rate mortgage dropped to 2.80% this week, the lowest it’s been since at least 1971, according...
Ellie Mae: Super-Low Rates Lead to ‘Revival in Refinances’
According to the latest Origination Insight Report from Ellie Mae, interest rates dropped to new historic lows in September, hovering at 3%...
CoreLogic Offering New Automated Valuation Model
CoreLogic has launched Total Home ValueX, a new automated valuation model (AVM) designed to eliminate the need for multiple AVMs.
Planet Home Lending Expands on the West Coast
Planet Home Lending LLC (PHL), a national mortgage lender and servicer, has expanded its footprint to include five new branches on the...
FirstClose Rolls Out the Digital Lending Platform (DLP)
FirstClose Inc., a provider of lending solutions for banks, credit unions and lenders, has launched the FirstClose ONE Digital Lending Platform (DLP):...
More Than 6 Million Missed Their Rent, Mortgage Payments in September
More than 6 million households did not make their rent or mortgage payments in September, according to a report from the Mortgage...
Average Rate For 30-Year Mortgage Hits Lowest Level Since 1971
The average rate for a 30-year fixed-rate mortgage dropped to 2.81% this week - the lowest its been since 1971, according to...
Applications for New Home Purchases Dipped in September But Were Up Year-Over-Year
Applications for mortgages for new home purchases fell 5% in September compared with August but were up 38.2% compared with September 2019,...
Redfin: U.S. Luxury Home Sales Have Soared During the Pandemic
U.S. luxury home sales increased 41.5% year-over-year in the third quarter, according to a new report from Redfin.That’s...
OptifiNow Partners with Digideck to Enable Users to Deliver Customized Presentations to Prospects
OptifiNow, a provider of CRM and marketing automation solutions, recently announced a partnership with cloud-based presentation platform, Digideck, that enables users of...
FormFree Granted U.S. Patent for its Approach to Credit Decisioning
FormFree, a provider of automated asset, income and employment verification solutions to mortgage lenders, reports that it has received a U.S. Patent...
Freddie Mac on 2021: Purchase Originations Will Be Flat, Refis to Decrease
According to Freddie Mac’s newly released Quarterly Forecast, total mortgage originations will reach $1.1 trillion in Q3 2020 and $3.6 trillion for...
MBA: Purchase, Refinance Indices Drop a Bit Week over Week
According to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 9, applications decreased 0.7...
