Wednesday, November 27, 2024

Origination

Snapdocs’ eVault and SitusAMC’s ProMerit Now Integrated

Snapdocs eVault is now integrated with SitusAMC’s ProMerit platform, allowing warehouse lenders to manage e-note transactions seamlessly and securely from within their warehouse lending...

Mortgage Rates Decrease for a Second Consecutive Week

The average rate for a 30-year fixed-rate mortgage fell to 7.02% this week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). A year ago...

Clear Capital’s Suite Now on Dark Matter’s Exchange Service Network

Clear Capital's suite of valuations solutions is now available through Dark Matter’s Exchange Service Network, an API marketplace for mortgage lenders, servicers and service...

OneTrust Home Loans Using LenderLogix’ Fee Chaser to Streamline Operations

OneTrust Home Loans is now using LenderLogix' Fee Chaser product to streamline its operations and compliantly collect upfront fees from its borrowers. Fee Chaser's direct...

Mortgage Applications Inched Up Slightly Last Week, Driven by Rise in Refis

Mortgage application volume increased 0.5% during the week ended May 10, as the average rate for a 30-year, fixed-rate mortgage dropped to 7.08%, down...

Dark Matter Taps Vikas Rao as Deputy Chief Product Officer

Vikas Rao has joined Dark Matter Technologies as deputy chief product officer. Rao has over 15 years of experience in software engineering, product management and...

Applications for New Home Purchases Increased in April

Applications for mortgages for new home purchases increased 2% in April compared with March and were up 22.1% compared with April 2023, according to...

Panorama Mortgage Group Rolls Out 1 Percent Down Payment Loan Program

Panorama Mortgage Group has debuted a new loan program that breaks down the barriers for first-generation, first-time homebuyers with a 1% down payment and...

LoanLogics Endows LoanBeam With Broader Array of Income Calculation Tools

Loan quality technology provider LoanLogics has expanded its LoanBeam income calculation product with a broader array of income calculation tools for the same per-application...

Floify Taps Jason Mapes as Head of Sales

Jason Mapes has joined Floify, which offers a point-of-sale (POS) solution for mortgage lenders, as head of sales. Mapes has 23 years of experience in...

Mortgage Rate Lock Volume Increased 8.7 Percent in April

Mortgage rate lock volume increased 8.7% in April compared with March and was up 5% compared with April 2022, according to Optimal Blue’s Originations...

Xactus Now Integrated with Empower LOS

Xactus, offering verification solutions for the mortgage industry, recently announced that several of its verification services are now available via Dark Matter Technologies' Empower...

MCT Base Rate Generator Lets Lenders Share Better Rate Sheets with Their LOs

Mortgage Capital Trading (MCT) has introduced Base Rate Generator, a new solution that allows mortgage lenders to directly inform their front-end rate sheet pricing...

ATTOM: Share of Properties That Are ‘Equity Rich’ Decreased in Q1

The share of residential properties that are considered “equity rich” decreased to 45.8% in the first quarter, down from 46.1% in the fourth quarter...

CoreLogic: Home Prices Increased 1.2 Percent in March

Home prices increased 1.2% in March compared with February and were up 5.3% compared with March 2023, according to CoreLogic’s home price index report. “Home...

GenWay Home Mortgage Joins IndiSoft’s National Housing Advocacy Platform

GenWay Home Mortgage Inc., a Ginnie Mae issuer headquartered in Richardson, Texas, has joined the NHAP, a cloud-based technology solution seamlessly connecting key stakeholders...

Mortgage Rates Fall for First Time in Five Weeks

The average rate for a 30-year fixed-rate mortgage fell to 7.09% this week, down from 7.22% the previous week, according to Freddie Mac’s Primary...

NAR: Home Prices ‘Astonishingly’ Increased 3.4 Percent in Q1 Despite Higher Mortgage Rates

Despite higher mortgage rates, more than 90% of U.S. metros posted home price gains in the first quarter, according to the National Association of...

ACES Announces Partnership with Document Processing Firm Infrrd

ACES Quality Management is partnering with Infrrd to provide AI-powered intelligent mortgage document processing to clients. When used in conjunction with ACES Quality Management &...

Planet Home Lending Hires Paul Walker as Chief Financial Officer

Paul Walker has been appointed chief financial officer at Planet Home Lending, a national mortgage lender, servicer and asset manager. Before joining Planet Financial Group,...