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...
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...