Tuesday, November 26, 2024

Origination

AccountChek Now Supports New Enhancements to DU

Informative Research, which offers data-driven credit and verification solutions to the lending community, says its AccountChek solution now supports new enhancements to Fannie Mae's...

Kiavi Announces Second Rated Securitization Transaction for the Year

Kiavi, a private lender to residential real estate investors, has closed its second rated securitization of residential transition loans this year. This time, Kiavi closes...

Mortgage Applications Plummeted Last Week as Rates Spiked 

Mortgage application volume tanked 17% last week as rates increased sharply, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances plummeted...

U.S. Home Price Growth Decelerated in the Third Quarter

U.S. home prices increased 5.9% in the third quarter compared with the second quarter and were up 5.9% compared with the third quarter of...

Mortgage Credit Tightened in September as Lenders Remained Cautious

Mortgage credit availability decreased in September, falling 0.5% to a score of 98.5 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). A...

First American Revamps AgentNet with New Products and Services 

First American Title Insurance Company is expanding its AgentNet platform with new products and services, including AgentNet Marketing, featuring access to a full library...

Westcor Land Title Insurance Company Taps Matt Collins as Underwriting Counsel

Matt Collins has joined Westcor Land Title Insurance Company as underwriting counsel, as part of the Southwest regional team. Collins’ diverse career includes over 35...

Pending Home Sales Increased Last Month but Storms, Rising Rates Will Reverse the Trend

Pending home sales increased 2% on an annual basis during the four weeks ended October 6, the biggest increase in three years, according to...

FHFA Adds Manufactured Home Price Index to its HPI Report

The Federal Housing Finance Agency (FHFA) has launched a new index measuring price trends for manufactured homes using national datasets. The new index provides quarterly...

Colorado Lender Financial Dwellings Offering Calque’s Trade-In Mortgage

Financial Dwellings, a mortgage firm serving Colorado, has partnered with Calque to provide “buy-before-you-sell” loan programs including the Trade-In Mortgage and Contingency Buster.  This strategic...

Floify Launches Income and Employment Verification Service Powered by Argyle

Mortgage automation software provider Floify has launched Floify Verify, a native verification of income and employment service. Powered by Argyle, Floify Verify streamlines the mortgage...

Freddie Mac: Average Rate for a 30-Year Jumped 20 Basis Points This Week

Mortgage rates jumped this week, as the average rate for a 30-year fixed-rate mortgage rose to 6.32%, up from 6.12% last week, according to...

Informative Research Integrates With AccountChek

Informative Research, which offers data-driven credit and verification solutions to the lending community, has added AccountChek to the list of integrated verification providers available...

Waterstone Mortgage Promotes Jim Harper to CFO

Jim Harper has been promoted to chief financial officer at national mortgage lender Waterstone Mortgage. Harper joined Waterstone Mortgage as vice president, accounting and finance...

Mortgage Applications Fell Last Week as Rates Continued to Rise

Mortgage application volume fell 5.1% last week as rates went back on the rise, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. For...

Which NFL Divisions Have the Highest Priced Housing Markets?

Just for kicks, First American recently conducted an analysis of which National Football League divisions represent the most expensive housing markets. The firm’s analysis shows...

Average Monthly Housing Payment Has Spiked 20 Percent Since 2020

The average monthly housing payment hit an all-time high in August, due mainly to rising insurance costs, which have been increasing at three times...

LoanDepot Closes $300M Mortgage Notes Transaction

loanDepot recently closed a $300 million transaction through an offering of notes by Mello Warehouse Securitization Trust 2024-1, marking the lender’s tenth successful transaction...

Consumer Confidence in Housing Market Reaches Highest Level in Two Years

Consumer confidence in the housing market increased in September, as per Fannie Mae’s Home Purchase Sentiment Index (HPSI), which rose to a score of...

MBA and 13 Industry Stakeholders Form Group to Address Racial Homeownership Gap

The Mortgage Bankers Association (MBA) and 13 mortgage industry stakeholders have formed the Convergence Collaborative, a coordinated effort to identify and develop solutions to...