Guaranteed Rate Affinity Announces Two Key Hires
'Dino Guadagnino has joined Guaranteed Rate Affinity as regional vice president of reverse mortgages.
In addition, Kevin Dilday has returned to the company as area...
Existing-Home Sales Decreased Slightly in April
Existing-home sales were at a seasonally adjusted annual rate of about 4.00 million in April, down 0.5% compared with March and down 2.0% compared...
Study Shows How Important Technology Has Become for Mortgage Lenders
A new joint study by HFS Research and Cognizant shows how important technology has become for mortgage lenders and predicts that Agentic AI will...
Argyle Integrates With Byte LOS to Provide Lenders With Real-Time Income and Employment Verification
Argyle, which offers automated income and employment verifications, has launched a new integration that brings real-time income and employment verification to Byte LOS customers.
The...
Mortgage Applications Decreased 5.1 Percent Last Week on Higher Rates
Mortgage application volume fell 5.1% during the week ended May 16, as the average rate for a 30-year fixed-rate mortgage increased to 6.92%, up...
Cloudvirga Now Integrated With the Encompass Docs Solution
Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, is now integrated with the Encompass Docs Solution, using the latest API framework for mortgage technology...
Zillow: Inventory of Homes for Sale is Up Nearly 20 Percent From a Year...
Inventory of homes for sale surged 19.6% in April compared with April 2024 - and new listings were up 7.6% - but it hardly...
First American: Home Prices Increased Only 2 Percent Year-Over-Year in April
U.S. home prices increased 0.4% in April compared with March but were up only 2% compared with April 2024 - a clear indication that...
Rate Taps Mike Buffler to Provide Entertainment Clients With More Options
Mike Buffler has joined mortgage lender Rate as a loan originator focusing on entertainment clients.
Buffler has more than 13 years of experience in the...
MBA: Mortgage Lenders Lost About $28 Per Loan Originated in Q1
Mortgage lenders saw a pre-tax net loss of $28 on each loan they originated in the first quarter, down from a net loss of...
Housing Starts Were Lackluster in April as Builders Grappled With Economic Uncertainty
Housing starts increased slightly in April, as builders continued to face significant economic uncertainty due to tariffs, in addition to supply and labor headwinds.
Starts...
Mortgage Bankers Association Onboards Kaitlin Hildner as AVP of Loan Administration Policy
Kaitlin Hildner has joined the Mortgage Bankers Association (MBA) as associate vice president of loan administration policy.
Hildner previously served as a senior policy advisor...
NAR: Despite Increased Inventory, Housing Affordability Gap Persists
U.S. households earning $75,000 a year can only afford 21.2% of home listings as of March – up slightly from 20.8% in March 2024,...
Average Rate for a 30-Year Jumps But Remains Below 7 Percent
Mortgage rates increased this week, with the average rate for a 30-year fixed-rate mortgage rising to 6.81%, up from 6.76% last week, according to...
A&D Mortgage Closes Second Major Non-QM Securitization This Year
A&D Mortgage has completed its second major non-QM securitization of the year - a $426.67 million transaction backed by 1,136 loans originated by the...
Applications for New Home Purchases Increased 2 Percent in April
Applications for mortgages for new home purchases increased 2% in April compared with March and were up 5.3% compared April 2024, according to the...
ACES: Rate of Critical Defects in Mortgage Loans Hit Near-Record Low in Q4 2024
The rate of critical defects in mortgage loans post-closing was about 1.16% as of the end of the fourth quarter, reflecting a 23.18% decrease...
More Than 80 Percent of Metro Areas Posted Home Price Increases in Q1
More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the first quarter, down from 89% in...
Mortgage Technology Firm Novaprime Adds David Nielsen as CRO
David Nielsen has joined mortgage technology company Novaprime as chief revenue officer.
Nielsen has 20 years of sales experience at leading mortgage companies. He joins...
GridBase, Qualia Partner to Integrate Resware with Encompass Partner Connect
GridBase, a middleware provider for the title and mortgage industry, and Qualia, a digital real estate closing platform, are partnering to integrate Resware, part...