Pending Home Sales Dropped for a Second Month in January
Pending home sales fell 4.6% in January compared with December and were down 5.2% compared with January 2024, according to the National Association of...
Report Shows Mortgage Lenders How to Leverage AI
AI adoption is no longer optional for mortgage lenders who wish to stay in business in this challenging market. But many mortgage lenders don’t...
Blend Integrates With Truework to Speed Borrower Approvals
Origination platform Blend Labs has tapped income and employment verification provider Truework to create an integrated solution for lenders that enables faster borrower approvals...
New Home Sales Dropped in January as Builder Pessimism Took Hold
New home sales plummeted 10.5% in January compared with December to reach a seasonally adjusted annual rate of 657,000, according to the U.S. Census...
Mortgage Applications Dropped Despite 30-Year Hitting Lowest Level Since December
Mortgage application volume decreased 1.2% during the week ended February 21, as the average rate for a 30-year fixed-rate mortgage fell to 6.88%, down...
EDGE Home Finance Partners With Calque
Mortgage lender EDGE Home Finance is now offering Calque's “buy-before-you-sell” loan programs, including The Trade-In Mortgage and Contingency Buster.
Calque’s loan programs allow homeowners to leverage...
Case-Shiller: U.S. Home Prices Went Negative in December on an Unadjusted Basis
U.S. home prices increased 0.5% on an adjusted basis in December compared with November and were up 3.9% compared with December 2023, according to...
Redfin: Average Down Payment on a Home Has Increased 7.5 Percent During the Past...
The typical U.S. homebuyer’s down payment was equal to 16.3% of the purchase price in December, up from 15% a year earlier, according to...
The Mortgage Collaborative Identifies Top Mortgage Industry Challenges for 2025
The Mortgage Collaborative (TMC), a consortium of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering...
Xactus Introduces Intelligent Verification
Xactus, offering verification solutions for the mortgage industry, has introduced Intelligent Verification - what the firm calls a new class of technology.
Built on valuable...
Home Price Growth Slowed in January With Existing Homeowners Playing ‘Housing Musical Chairs’
U.S. home prices increased 0.1% in January compared the December and were up 3.3% compared with January 2024, according to First American’s House Price...
Informative Research Enhances AccountChek Integration With Freddie Mac’s LPA
Informative Research, which offers verification solutions geared for mortgage lenders, has enhanced its integration with Freddie Mac's Loan Product Advisor (LPA) asset and income...
GridBase Hires Rhiannon Bolen as Senior Vice President, National Sales Director
Rhiannon Bolen recently joined GridBase, a Grid151 company, as senior vice president, national sales director.
Bolen is known as a trusted advisor in the mortgage industry, having served...
NAR: Existing-Home Sales Dropped During January But Were Up Year-Over-Year
Existing-home sales fell to a seasonally adjusted annual rate of 4.08 million in January, down 4.9% compared with December but up 2.0% compared with...
TransUnion: Mortgage Originations Will Increase to Approximately 5.7 Million in 2025
TransUnion has released an optimistic report forecasting that mortgage originations will increase to approximately 5.7 million in 2025, up from approximately 4.6 million in 2024,...
Applications for New Home Purchases Surged in January
Applications for mortgages for new home purchases jumped 19% in January compared with December but were down 6% compared with January 2024, according to...
Mortgage Rates Dip Slightly for a Fifth Week But it Means Little for Buyers
Mortgage rates dipped slightly for a fifth straight week with the average rate for a 30-year fixed-rate mortgage dropping to 6.85%, down from 6.87%...
Rate Re-Hires Top-Producing Denver LO Chris Franquemont
Top producing LO Chris Franquemont has returned to Rate, following a brief stint with CrossCountry, the national mortgage lender reports.
Franquemont is a dominant loan...
Title Clearing & Escrow Hires Julieann Thornsberry as Business Development Manager
Julieann Thornsberry has joined Title Clearing & Escrow, a provider of title services for the real estate industry, as business development manager.
Thornsberry has more...
Housing Starts Dropped Nearly 10 Percent in January
Housing starts dropped 9.8% in January compared with December as builders reacted to mortgage rates nearing 7% and the looming possibility of tariffs that...