Tuesday, November 26, 2024

Origination

NotaryCam Speeds E-Closings With New ‘Done For You’ Program

NotaryCam, which offers remote online notarization technology for real estate and legal transactions, has launched its “Done For You” e-closing program, which provides lenders...

Xactus Hires Sasha Stair as Chief Marketing Officer

Sasha Stair has joined Xactus, a provider of verification solutions for the mortgage industry, as chief marketing officer. Stair has more than two decades of...

CoreLogic Adds Tax Transcripts to its AutomatIQ Borrower Platform

CoreLogic has added a new Tax Transcripts solution to its AutomatIQ Borrower platform, providing mortgage professionals and their clients with efficient, rapid and reliable...

Mortgage Rates Increase for a Fourth Straight Week 

Mortgage rates increased for a fourth straight week, as the average rate for a 30-year fixed-rate mortgage rose to 6.54%, up from 6.44% last...

Click n’ Close Adds New DPA Option to its Shared Appreciation Mortgage Program

Click n’ Close has introduced a new down payment assistance option for its Shared Appreciation Mortgage (SAM) program, which offers a below-market interest rate...

U.S. Mortgage Corp. Using LenderLogix LiteSpeed to Deliver Digital-First Borrower Experience

U.S. Mortgage Corp. is now using LenderLogix LiteSpeed point-of sale system, which is designed to work with the Encompass loan origination system. The lender decided...

Existing-Home Sales Fell Again in September

Existing-home sales decreased 1.0% in September compared with August to a seasonally adjusted annual rate of 3.84 million, according to the National Association of...

Mortgage Applications Continue to Recede as Average Rate for 30-Year Hovers Around 6.5 Percent

Mortgage application volume fell for a fourth straight week, dropping 6.7% compared with the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications...

FinLocker Partnering With FirstHome IQ to Help Young Consumers Improve Their Financial Health

FinLocker is partnering with FirstHome IQ to provide young consumers with the tools to improve their financial health The partnership is aimed at increasing financial...

Informative Research’s Mortgage Verification Platform Now on Dark Matter’s Exchange

Informative Research’s data-driven credit and verification solutions are now available via the Dark Matter Technologies Exchange service network. This will enable more mortgage lenders to...

Mortgage Bankers Association Taps Astrid Vermeer as SVP, CFO

Astrid Vermeer has joined the Mortgage Bankers Association (MBA) as senior vice president, chief financial officer.  Vermeer has more than 20 years of financial leadership...

Number of Down Payment Assistance Programs Grew Again in Q3

The number of national homebuyer assistance programs increased by 29 in the third quarter, rising to a total of 2,444, according to Down Payment...

LoanCare Launches Digital Recapture, Giving Lenders Additional Retention Touchpoints

Mortgage subservicer LoanCare has launched Digital Recapture, a new suite of tools that connects homeowners with lending products that help inform them about potential...

LenderLogix: Home Buyers Still Stuck in a ‘Holding Pattern’

Borrowers generated significantly fewer pre-approval letters in the third quarter compared with the second quarter, according to the latest LenderLogix Homebuyer Intelligence Report. Borrowers generated...

Average Return on a Home Sale Decreased in the Third Quarter

The average return on a U.S. home sale decreased in the third quarter, according to ATTOM’s 2024 U.S. Home Sales Report. The report shows that...

Housing Starts Dipped Overall in September But Rate Cut Boosted Single-Family Production

Despite a Fed rate cut leading to significant drop in mortgage rates, housing starts dipped 0.5% in September compared with August, falling to a...

Flagstar Bank Announces Workforce Reduction as Merger with New York Community Bancorp Continues

Mortgage lender Flagstar Bank has been undergoing significant restructuring since its acquisition by New York Community Bancorp in 2022. Recently, the bank announced a workforce...

Home Builder Sentiment Improved in October

Home builder sentiment increased in October, rising to a score of 43 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index...

Applications for New Home Purchases Jumped 6 Percent in September

Applications for mortgages for new home purchases increased 6% in September compared with August and were up 10.8% compared with September 2023, according to...

Mortgage Rates Continue to Rise with 30-Year Averaging 6.44 Percent

Mortgage rates continued to rise this week, with the average rate for a 30-year fixed-rate mortgage at 6.44%, up from 6.32% last week, according...