Optimal Blue: Non-QM Lending Hit Highest Share on Record in July at 8 Percent
Mortgage lock volume decreased 3% in July compared with June, led by a nearly 5% drop in purchase activity, according to Optimal Blue’s Market...
Snapdocs Now Integrated With Tavant’s FinConnect
Snapdocs’ e-closing platform is now integrated with Tavant’s FinConnect plug-and-play integration platform, thus enabling lenders to automate and accelerate mortgage workflows.
The partnership gives lenders...
Applications for New Home Purchases Increased 7 Percent in July
Applications for mortgages for new home purchases increased 7% in July compared with June and were up 6.8% compared with July 2024, according to...
TransUnion: Mortgage Originations Increased 5 Percent in the Past Year Driven by Refinances
Despite ongoing pressure from elevated interest rates and persistently high home prices, mortgage originations edged up 5.1% year-over-year in the first quarter, according to TransUnion’s...
Mortgage Rates Fall to Lowest Level Since October
Mortgage rates continued to fall this week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.58%, down from 6.63% last week,...
AnnieMac Home Mortgage Acquires Certain Assets of Home Solution Lenders
AnnieMac Home Mortgage has acquired certain assets of Florida-based lender Home Solution Lenders Inc. (HSL) for an undisclosed sum.
Acquiring HSL’s construction-to-permanent (CTP) loan expertise,...
Two-Thirds of Recent Gen Z and Millennial Home Buyers are Counting on Rate Drops
Desperate times call for desperate measures.
Faced with high mortgage rates and high home prices, some homebuyers - particularly younger and first-time home buyers -...
Applications for Refinances Surged on Lower Rates Last Week
Mortgage application volume surged 10.9% on an adjusted basis last week, driven mainly by a sharp increase in applications for refinances, as rates dropped,...
Flyhomes Secures $15 Million Series D Funding
Flyhomes, which offers a wholesale “buy before you sell” loan program, has secured $15 million in Series D funding, led by existing investors.
The capital...
Mortgage Bankers Association Nominates John Hedlund to Serve as Vice Chairman
John Hedlund has been nominated to serve as vice chairman of the Mortgage Bankers Association for the 2026 membership year.
A prominent MBA voice and...
Mortgage Credit Availability Increased Slightly in July
Mortgage credit availability increased slightly in July, rising 0.2% to a score of 103.9 on the Mortgage Bankers Association (MBA) Mortgage Credit Availability Index...
Argyle and LenderLogix Now Integrated
Argyle, a service provider automating income, employment and asset verifications for some of the largest lenders in the U.S., is now integrated with LenderLogix, a...
Informative Research Adds The Work Number Report Indicator to its Suite of Verification Tools
Informative Research has added The Work Number Report Indicator from Equifax to its integrated suite of mortgage credit and verification tools.
The Work Number Report Indicator...
ICE: Cash-Out Refis Surged in Q2
Cash-out refinance activity hit near three-year highs in the second quarter, as homeowners tapped record levels of home equity, according to ICE Mortgage Technology’s...
Clear Capital: Home Prices Up 1.7 Percent Nationally in Q2
U.S. home prices increased 1.7% during the three-month period ended July 31, according to Clear Capital.
Compared with a year ago, home prices are up...
Mortgage Rates Fall to Lowest Level Since April
Mortgage rates continued to fall this week: According to Freddie Mac’s Primary Mortgage Market Survey the average rate for a 30-year dropped to 6.63%...
Westcor Launches Westcor Agency Services
Westcor Land Title Insurance Company has launched Westcor Agency Services, which offers licensed and non-licensed state fulfillment services for both residential and commercial transactions,...
Planet Home Lending Taps Vincent Ortiz as Florida Area Sales Manager
Vincent Ortiz has joined Planet Home Lending as area sales manager for the company’s Southeastern footprint.
Ortiz has nearly 25 years of mortgage industry experience....
Mortgage Applications Increased on Lower Rates as Economic Conditions Weakened
Mortgage application volume increased 3.1% during the week ended August 1, as the average rate for a 30-year, fixed-rate mortgage fell to 6.77%, down...
LenderLogix: Average Pre-Approval Letter Loan Amount Surged Upward in Q2
Mortgage borrowers generated 11.9% more pre-approval letters through LenderLogix's QuickQual pre-approval platform in the second quarter compared with the first quarter, according to the...