Home Prices Hit Ninth All-Time High in the Past Year
Despite higher mortgage rates, U.S. home prices continued to rise in March, increasing 0.3% on a seasonally adjusted basis compared with February and up...
NAHB: It Takes 38 Percent of the National Median Income to Afford a Median-Priced...
It currently takes about 38% of a typical family’s income to make a mortgage payment on a median-priced new single-family home in the U.S.,...
Corporate Settlement Solutions Announces Enhanced Integration with GridBase
Corporate Settlement Solutions (CSS), a provider of commercial and residential real estate settlement solutions, has enhanced its integration with GridBase, the universal application program...
Mortgage Bankers Saw ‘Less Severe’ Net Losses in Q1
Mortgage bankers continued to lose on originations in the first quarter, as the average pre-tax net loss per loan was $645, according to the...
Down Payment Resource Now Integrated with ICE Mortgage Technology’s Encompass
Down Payment Resource, offering homebuyer assistance program data and solutions, recently announced an integration with ICE Mortgage Technology that embeds down payment assistance program...
Truity Credit Union Using Dark Matter’s Empower LOS
Truity Credit Union, a member-owned credit union with locations in Oklahoma, Kansas and Texas, is using Dark Matter’s Empower loan origination system to provide loan...
Mortgage Rates Fell This Week as Average Rate for 30-Year Dipped Below 7 Percent
Mortgage rates fell this week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.94%, down from 7.02% last week, according to...
NAR: Existing-Home Sales Fell in April But Inventory Increased 9 Percent
Lack of inventory, high home prices and rising mortgage rates slowed existing-homes sales in April.
According to the National Association of Realtors (NAR), existing-home sales...
First Home Mortgage Promotes Tim Whittier to President
Tim Whittier has been promoted to president at First Home Mortgage.
Whittier first joined First Home Mortgage in 2009.
He began his mortgage banking career in...
Finaya Unifies Home Buying and Selling, Mortgage, Insurance, Title and Closing Services
Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services...
MBA: Mortgage Applications Increased 1.9 Percent Last Week as Rates Fell
Mortgage application volume increased 1.9% during the week ended May 17, as the average rate for a 30-year- fixed-rate mortgage fell to to 7.01%,...
Fairway Independent Mortgage Promotes Carrie Guarrero to President of Fairway Ignite
Carrie Guarrero has been promoted to the role of president of Fairway Independent Mortgage Corp.’s coaching platform, Fairway Ignite.
Guarrero has participated in various coaching...
Zillow Home Loans Rolling Out New Tool to Help Borrowers Assess Affordability
Zillow Home Loans is introducing a new tool that helps borrowers assess how much home they can afford.
The new tool, BuyAbility, gives buyers a...
Halcyon is Integrating With Fannie Mae’s Desktop Underwriter
Halcyon is integrating with Fannie Mae's Desktop Underwriter (DU) validation service, with final authorization at a later date.
This new integration utilizes the widely recognized...
Planet Home Lending Names Bill Shuler Chief Information Officer
Bill Shuler has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president, chief information officer.
Shuler has more...
Ben Rempe Tapped as President of myCUmortgage
Ben Rempe has been named president of mortgage services provider myCUmortgage, effective June 3.
myCUmortgage is a credit union service organization (CUSO) and wholly owned...
Redfin: New Home Sales Continue to Represent One-Third of All Home Sales
One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, according to a Redfin report.
Although that is...
New and Active Listings Increased in April as Home Prices Continued to Rise
The median U.S. home sale price increased 6.2% year over year in April to $433,558 — the highest level on record, according to Redfin.
Today’s...
VantageScore Releases New Credit-Scoring Model, VantageScore 4plus
VantageScore has released the newest version of its credit-scoring model, VantageScore 4plus.
The new version combines the power of alternative open banking data with traditional credit...
Asurity Technologies Taps Brad Vasto as SVP, Sales
Brad Vasto has joined Asurity Technologies, which offers consumer lending compliance software and advisory services, as senior vice president - sales.
Vasto has more than...