Mortgage Applications Fell 10 Percent Last Week as Rates Increased
Mortgage application volume fell 10.0% on an adjusted basis during the week ended July 11, as rates went back on the rise, according to the...
Friday Harbor Now Offers Open APIs Enabling Integration With Any LOS Vendor
Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, has launched open APIs to give...
Usherpa’s CRM Platform Now Integrated With Wilqo’s LOS
Usherpa, which offers a customer relationship engagement platform designed for mortgage lenders, is now integrated with Wilqo’s new Production Optimization Platform, which combines POS,...
MBA: Mortgage Credit Shrank Overall in June
Mortgage credit availability decreased 1.3% in June, falling to a score of 103.7 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
The...
Foreign Buyers Purchased $56 Billion Worth of U.S. Homes During Past Year
Foreign buyers purchased a significantly higher percentage of U.S homes during the 12-month period ended March 2025 compared with the previous 12-month period, a...
Informative Research Adds Halcyon’s IRS Tax Transcript Service to its IR Verification Platform
Credit data and verification solutions provider Informative Research has announced availability of Halcyon's IRS tax transcript service within the IR Verification Platform.
The enhancement expands...
Mortgage Connect, Westcor Team Up on Fannie Mae Title Acceptance Pilot
Mortgage service provider Mortgage Connect is partnering with Westcor Land Title Insurance Company and X1 Analytics to develop a product for Fannie Mae’s Title...
ICE: Annual Home Price Growth at Slowest Pace in Two Years
U.S. home prices increased 0.3% in June compared with May but were up only 1.3% compared with June 2024, the slowest annual growth rate...
ATTOM: Despite Recent Dip, Share of ‘Equity-Rich’ Properties Remains Historically High
The number of “equity-rich” mortgages in the U.S. remained historically high in the first quarter, according to ATTOM’s latest data. However, “equity-rich” rates fell...
Mortgage Rates Back on the Rise After Decreasing for Five Weeks
After decreasing for five consecutive weeks, mortgage rates went back on the rise this week, with the average rate for a 30-year fixed-rate mortgage...
Private Equity Firm GTCR Makes Significant Investment in Clear Capital, Becoming Majority Shareholder
Valuations technology and data firm Clear Capital has received a significant investment from private equity firm GTCR.
As a result, GTCR is now Clear Capital’s...
Optimal Blue: Mortgage Lock Volume Increased in June
Total lock volume increased 1.95% in June compared with May, driven mainly by an increase in refinances, Optimal Blue’s June Market Advantage report shows.
Rate-and-term...
Atlas VMS Acquires AIM-Port
Appraisal management company Atlas VMS has acquired AIM-Port, a collateral process management platform. Terms of the deal were not disclosed.
The acquisition marks a significant...
Mortgage Applications Surged 9.4 Percent Last Week on Lower Rates
Mortgage application volume surged 9.4% on lower rates during the week ended July 4, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
Applications...
GSEs to Start Using VantageScore 4.0, Rent Payment History in Credit Underwriting
In an effort to “increase competition the credit score ecosystem and consistent with President Trump’s landslide mandate to lower costs,” Federal Housing Finance...
ACES Announces Two Key Promotions in Compliance
Amanda Phillips has been named general counsel and executive vice president of compliance for ACES Quality Management, while Savannah Prout has been elevated to...
Veros: U.S. Home Prices to Rise 2.2 Percent Over Next 12 Months
U.S. home prices are forecast to increase only 2.2% over the next 12 months, according to valuation services provider Veros Real Estate Solutions –...
More Homeowners in Negative Equity as Home Prices Turn Flat to Negative in Some...
Home price growth has been slowing across the U.S. and, as result, many homeowners are now starting to see their home equity decrease instead...
Dark Matter Technologies Achieves UCDP Integration
Dark Matter Technologies has established an integration with the Uniform Collateral Data Portal (UCDP) jointly maintained by Fannie Mae and Freddie Mac.
The integration enables...
FICS and Wescom Resources Announce Preferred Hosting Partnership
Financial Industry Computer Systems Inc. (FICS) and Wescom Resources, a wholly owned credit union service organization (CUSO) of Wescom Financial, are partnering to establish...