Monday, December 15, 2025

Origination

Mortgage Rates Dropped This Week, Fueling Refi Activity

Mortgage rates dropped this week, with the average rate for a 30-year fixed-rate mortgage falling to 6.27%, down from 6.30% last week, according to...

DocMagic Awarded Dual Patents for Electronic Loan Document Innovations

Mortgage document processing technology firm DocMagic reports it has been granted two patents from the U.S. Patent and Trademark Office for its system and...

ALCOVA Mortgage Partners With Down Payment Resource

Down Payment Resource (DPR), which links homebuyers with homebuyer assistance programs, is now helping ALCOVA Mortgage’s loan officers match borrowers with available programs more...

Mortgage Applications Continued to Fall Last Week

Mortgage application volume dipped 1.8% during the week ended October 10, as rates remained basically flat, according to the Mortgage Bankers Association’s (MBA) Weekly...

Argyle Expands Income Verification With AIM Check Integrated Doc VOI

Argyle, a provider of direct-source income, employment and asset verifications, has launched Doc VOI, a new paystub and W-2 based income verification report integrated...

Friday Harbor Now Evaluates Loan Files Against Lender and Investor Overlays

Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, reports that its AI Originator Assistant...

Rate Adds Lynn Nemes as a Sales Manager in Florida

Lynn Nemes has joined Rate as a sales manager in Florida. Nemes has more than 30 years of mortgage industry experience. She is widely recognized...

NotaryCam’s eClose360 Now Compatible With MISMO’s SMART Doc V3 E-HELOC Standard

NotaryCam’s eClose360 platform is now fully compatible with the Mortgage Industry Standards Maintenance Organization's (MISMO) newly published SMART Doc V3 standard for electronic home...

Mortgage Rates Decrease, Boosting Purchase Activity

The average rate for a 30-year fixed-rate mortgage fell to 6.30% this week, down from 6.34% last week, according to Freddie Mac’s Primary Mortgage...

Choice Mortgage Group Introduces Succession Program for Retiring Loan Officers

As the mortgage industry experiences a generational shift, Choice Mortgage Group, a full-service lending firm, has introduced LOANNUITY, a first-of-its-kind program designed for loan...

Mortgage Credit Availability Up Slightly in September

Mortgage credit availability increased 0.4% in September, rising to a score of 104.4 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). A...

Planet Taps Rob Parsley as SVP, Non-Agency Sales

Rob Parsley has joined Planet Financial Group as senior vice president, non-agency sales. With a career spanning more than three decades, Parsley has guided organizations...

iEmergent: Mortgage Originations to Rise Over the Next Two Years

Mortgage originations will climb to $2.27 trillion in 2026, a 13% increase over 2025, as slowing economic growth and easing interest rates fuel a...

Mortgage Applications Sank Last Week Despite Dip in Rates

Mortgage application activity fell 4.7% during the week ended Oct. 3, regardless that the average rate for a 30-year dropped to 6.43%, down from...

Cloudvirga Integrates its Horizon POS Platform With ICE’s PPE

Cloudvirga, a provider of digital point-of-sale platforms for mortgage lenders, has announced a new integration between its Horizon POS platform and the ICE PPE...

Dark Matter’s Empower LOS Now Integrated With Polly’s PPE

Dark Matter Technologies, provider of the Empower loan origination system (LOS), is now integrated with Polly's product, pricing and eligibility (PPE) engine, expanding choice...

More Home Sales Falling Through as Stressed Buyers are Denied Concessions

Buyers are increasingly backing out of home sales, and it's not just because of high mortgage rates and high home prices, according to a...

Click n’ Close Appoints Ian Kimball as President

Mortgage industry veteran Ian Kimball is the new president of mortgage lender Click n’ Close. Kimball has more than 25 years of leadership experience spanning...

Cotality Expands Into Home Inspections With Release of Property Vision

Cotality has launched Property Vision, a new home inspection platform that leverages the firm’s analytics and real-time data, along with cutting-edge artificial intelligence, to...

LoanLogics Releases New Version of LoanBeam for Non-QM

LoanLogics, offering due diligence, audit software and automation solutions for the mortgage industry, has launched a new version of its LoanBeam product designed specifically...