Nations Reliable Lending Taps Steven Curtis as Chief Production Officer
Steven Curtis has joined Nations Reliable Lending (NRL Mortgage) as chief production officer.
Curtis has a wealth of expertise and a proven track record. Prior...
MBA: Homebuyer Affordability Continued to Decline in April
Homebuyer affordability continued to erode in April, as the national median mortgage payment applied for by purchase applicants increased to $2,256, up from $2,201...
Depth PR Promotes Johnna Szegda to Vice President
Johnna Szegda has been promoted to vice president at Depth Public Relations, offering B2B marketing, public relations and reputation management services for technology companies...
Dark Matter Paves Easier Path to Assumable Mortgage With Enhancements to Empower LOS
Dark Matter Technologies has enhanced the Loan Assumptions feature in the Empower loan origination system (LOS) to make it easier for mortgage lenders and...
ACES Teams With Digilytics to Give Users Access to Advanced OCR Technology
ACES Quality Management (ACES), which offers enterprise quality management and control software for the financial services industry, is partnering with Digilytics to provide ACES...
Freddie Mac: Mortgage Rates Back on the Rise After Three Weeks of Declines
After decreasing for three consecutive weeks, mortgage rates reversed this week, with the average rate for a 30-year fixed-rate mortgage rising to 7.03%, up...
Pending Home Sales Tumbled 7.7 Percent in April, Dragged Down by Rising Mortgage Rates
Due to rising mortgage rates, pending home sales decreased 7.7% in April compared with March and were down 7.4% compared with April 2023, according...
Secured Signing Adds New Features to its RON Solution
Secured Signing, which offers remote online notarization (RON) solutions, has introduced a suite of new features designed to streamline the online document signing and...
Kind Lending Taps Tammy Richards as Chief Operating Officer
Tamara "Tammy" Richards has joined Kind Lending, a national mortgage lender founded by industry veteran Glenn Stearns, as chief operating officer.
Richards has more than...
FHFA: Home Prices Continued to Rise at a Steady Pace in Q1
U.S. home prices increased 1.1% in the first quarter compared with the fourth quarter and were up 6.6% from the first quarter of 2023,...
MBA: Mortgage Applications Fell on Higher Rates Heading Into Memorial Day Weekend
Mortgage application volume tumbled 5.7% during the week ended May 24, as the average rate for a 30-year fixed-rate mortgage increased to 7.05%, up...
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...