NotaryCam Partners With Dovenmuehle, Ruth Ruhl to Streamline Loan Modifications
NotaryCam, a provider of remote online notarization (RON) and identity verification/authentication technology, is partnering with mortgage servicer Dovenmuehle Mortgage and Texas-based law firm Ruth...
Automation as the Anchor: How Servicers Can Navigate CFPB Uncertainty, Compliance and Cost Pressures
The mortgage servicing industry is maneuvering one of the most dynamic and uncertain environments in recent memory. Rising loan servicing costs, tightening profit margins,...
Usherpa Enhances its Integration With Homebot
CRM software provider Usherpa has announced an enhanced integration with Homebot that will empower users to engage more leads, sync contacts automatically, and act...
ATTOM: Foreclosure Starts Continued to Rise in August
Foreclosure starts were down slightly in August compared with July but were up 17% in compared with August 2024, according to ATTOM’s latest U.S....
Some Homeowners Are Starting to See Their Equity Gains Decrease
Homeowners with mortgages are starting to see their home equity decrease, mainly in markets where home prices are decreasing, with the average U.S. homeowner...
Better.com Reports 166 Percent Annual Growth for its Home Equity Products
Better.com reports that its home equity line of credit (HELOC) product has collectively helped customers pay off more than $193 million in debt while...
Mortgage Collaborative Adds FICO as Educational Partner
The Mortgage Collaborative (TMC), the nation's largest independent cooperative network for mortgage lenders, has added FICO, global analytics software leader, as an educational partner.
This...
MBA: Mortgage Credit Increased Slightly in August
Mortgage credit availability increased 0.1% in August, rising to a score of 104.0 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
A...
Clear Capital: Home Price Appreciation Continues to Slow
Home price appreciation continued to slow during the three-month period ended August, according to the Clear Capital Home Data Index.
Nationally, home prices increased 1.1%...
Mortgage Rates Drop Sharply for a Second Week
Mortgage rates plummeted this week, as the average rate for a 30-year fixed-rate mortgage (FRM) dropped 15 basis points to 6.35%, down from 6.50%...
Mortgage Locks Dipped in August as Non-QM Loans Climbed to 8.3 Percent of Originations
Total mortgage lock volume dipped 1.8% in August compared with July as a roughly 10% drop in purchase locks outweighed the strongest month for...
Friday Harbor Joins CHLA as Affiliate Member
Friday Harbor, a provider of AI-driven mortgage underwriting software, reports that it has joined Community Home Lenders of America (CHLA) as affiliate member.
Friday Harbor...
Cotality: Investors Continue to Account for About One Third of Home Purchases
Investors purchased about one third of the U.S. homes for sale in the second quarter, according to a recent report from Cotality.
While investor activity...
DocMagic Launches New AI-Driven Platform That Unifies Mortgage Production
DocMagic has launched DocMagic One, a new platform for mortgage lenders that brings every critical loan manufacturing step into a single, intuitive platform.
Document preparation,...
MBA: Mortgage Applications Jumped 9.2 Percent Last Week
Mortgage application volume jumped 9.2% during the week ended September 5, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
The results include an...
Pennymac Financial Services Adopts Vesta as its LOS
Mortgage lender and servicer Pennymac Financial Services is now using Vesta Innovations’ loan origination system (LOS).
“Our partnership with Vesta is a great example of...
Assurant Launches New Homeowners Insurance Verification Tool, HOIVerify Origination
Assurant Lending Solutions has introduced a new homeowners insurance verification tool for mortgage lenders, HOIVerify Origination.
The API-enabled solution streamlines and automates insurance verification during...
Emmanuel St. Germain: The Baby Boomer Wealth Transfer Will Reshape the Housing Market
Home prices are flat to decreasing in most areas of the country, and rates are starting to fall, improving affordability for potential home buyers...
Mortgage Delinquencies Continue to Hold Steady Despite Economic Pressures on Borrowers
The U.S. mortgage delinquency rate decreased to 2.9% in June, down from 3% in June 2024, despite the challenging economic climate, according to...
ICE: Property Insurance Costs Have Grown Nearly 70 Percent Over the Past Five Years
The average annual property insurance payment for single-family mortgage holders has climbed to nearly $2,370 per year, accounting for 9.6% of average monthly mortgage-related...