Jon Dovidio: Title Fraud is on the Rise and AI is Playing a Role
PERSON OF THE WEEK: Although by no means a silver bullet, new legislation recently signed by Tennessee Gov. Bill Lee marks another step forward...
New Home Sales Rebounded in June But Indicate Market Weakness
After dropping nearly 14% in May, new home sales eked out an increase in June, rising 0.6% month-over-month to a seasonally-adjusted annual rate of...
Mortgage Rates Basically Flat This Week
Mortgage rates barely budged this week, with the average rate for a 30-year dipping slightly to 6.74%, down from 6.75% last week, according to...
Putting ‘Quasi’ Back in the GSEs
BLOG VIEW: The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) have jointly issued new guidelines on releasing Fannie Mae and Freddie...
ICE: Foreclosure Starts, Mortgage Delinquency Rate Increased in June
There were roughly 31,000 foreclosure starts nationwide in June, an increase of nearly 10% compared with May and up 36.5% compared with June 2024,...
Existing-Home Sales Decreased 2.7 Percent in June
Existing-home sales in June were at a seasonally adjusted annual rate of 3.93 million, a decrease of 2.7% compared with May and flat compared...
Mortgage Applications Up Slightly Last Week Despite Rising Rates
Mortgage application volume inched up 0.8% during the week ended July 18, despite a slight increase in rates, according to the Mortgage Bankers Association’s...
Zillow: Inventory of Homes for Sale at Highest Level Since 2019
The number of homes available for sale in the U.S. surged to 1.36 million in June, the most since November 2019, according to Zillow.
Thats...
BlackFin Launches New Program Giving Lenders Instant Access to Mortgage Experts For Less
Mortgage consultancy BlackFin has launched a new program that gives mortgage lenders instant access to advisors without the hefty consulting price tag.
The firm’s new...
Atlas VMS Taps Mick Tindall as CTO and President, Platform Solutions
Mick Tindall has joined valuation management company Atlas VMS as chief technology officer and president, platform solutions.
The announcement comes just weeks after the company...
Logan Finance Promotes Dave Weatherford to EVP of TPO Production
Dave Weatherford has been promoted to executive vice president of TPO production at non-QM lender Logan Finance Corp.
The promotion follows Logan Finance’s launch of...
Planet Home Lending’s Correspondent Sellers Can Gain Efficiency Boost With E-Notes
Planet Home Lending reports that it is boosting speed and efficiency for its correspondent sellers through its acceptance of e-notes.
Planet accepts electronic promissory notes...
ATTOM: Foreclosure Starts Continued to Rise in First Half of 2025
Foreclosure starts increased 7% in June compared with May and were up 5.8% in the first six months of 2025, according to ATTOM’s latest...
Housing Starts Increased in June Driven by Multifamily Construction
Housing starts in June were at a seasonally adjusted annual rate of 1.321 million, an increase of 4.6% compared with May but down 0.5%...
Mortgage Rates Moved Up for a Second Week
Mortgage rates moved up for a second week, with the average rate for a 30-year hitting 6.75%, up from 6.72% last week and down...
MBA: Applications for New Home Purchases Sank Month-Over-Month in June
Applications for mortgages for new home purchases decreased 4% in June compared with May but were up 8.5% compared with June 2024, according to...
First American: Annual Home Price Appreciation in June Slowest Since March 2012
U.S. home prices decreased 0.1% in June compared with May but were up 1.7% compared with June 2024, according to First American’s latest House...
MeridianLink Hires Denise Cox as Chief Customer Officer
Denise Cox has joined MeridianLink, a provider of cloud-based lending and account opening solutions for financial institutions, as chief customer officer.
Cox has more than...
Blend, Doma Technologies Expand Their Partnership
Blend Labs and Doma Technologies have announced an expanded partnership that will bring Doma’s AI-powered instant title decisioning to more lenders through Blend’s home...
Planet Home Lending Taps Chris Carr as Minnesota Area Sales Manager
Mortgage industry veteran Chris Carr has joined Planet Home Lending as an area sales manager in Minnesota.
Carr has nearly 30 years of mortgage industry...