NAHB: Builders Currently More Focused on Single-Family Production Over Multifamily
In response to strong demand and lack of inventory, homebuilders are currently focusing on single-family production over multifamily production, according to a recent report...
Starwood Capital Group Hires Matt Smith as a Managing Director
Matt Smith has joined Starwood Capital Group, a global private investment firm with a primary focus on real estate, as managing director, head of...
ICE: U.S. Home Price Growth Cooled in April
U.S. annual home price growth cooled in April, falling to 5.1% - down from a revised 5.7% in March and down from 6.1% in...
Mortgage Applications Fell 5.2 Percent as Average Rate for 30-Year Hovers Above 7 Percent
Mortgage application volume sank 5.2% during the week ended May 31, as the average rate for a 30-year, fixed-rate mortgage increased to 7.07%, up...
LenderLogix FeeChaser Selected by American Pacific Mortgage
American Pacific Mortgage is using LenderLogix' Fee Chaser solution to efficiently and compliantly collect initial mortgage-related fees from borrowers.
The seamless integration of Fee Chaser...
U.S. Home Prices Increased 1.1 Percent in April
U.S. home prices continued to increase in April, rising 1.1% compared with March and up 5.3% compared with April 2023, according to CoreLogic.
All states...
Income and Employment Verifications Provider Truework Now Integrated with Empower LOS
Truework, which offers income and employment verification for mortgage lenders, is now integrated with the Exchange network of mortgage-specific service providers available to customers...
New York Community Bancorp Appoints Joseph M. Otting Chairman
Joseph M. Otting has been appointed to the additional role of executive chairman of the board of New York Community Bancorp, parent company of...
Navigating the Storm: A Tech-Driven Approach to Efficient Claims Processing in the Face of...
BLOG VIEW: Natural disasters are inevitable in the homeowners’ insurance and mortgage loan servicing industries. Moreover, as disasters increase in severity and frequency, property...
GO Mortgage and PacRes Mortgage Enter Merger Agreement
GO Mortgage, a national mortgage lender headquartered in Columbus, Ohio, and PacRes Mortgage, a national boutique lender operating in the West, have entered a...
Nations Reliable Lending Taps Steven Curtis as Chief Production Officer
Steven Curtis has joined Nations Reliable Lending (NRL Mortgage) as chief production officer.
Curtis has a wealth of expertise and a proven track record. Prior...
For Gen Z, Housing Affordability Is the Key Election Issue
According to a new survey and report from Redfin, 91% of adult Gen Zers say housing affordability is important when considering who they will...
Dovenmuehle Mortgage Announces Two Promotions
Anna Krogh has been promoted to senior vice president and director of business development at Dovenmuehle Mortgage Inc., a residential mortgage subservicer.
In addition, Chris...
MBA: Homebuyer Affordability Continued to Decline in April
Homebuyer affordability continued to erode in April, as the national median mortgage payment applied for by purchase applicants increased to $2,256, up from $2,201...
Depth PR Promotes Johnna Szegda to Vice President
Johnna Szegda has been promoted to vice president at Depth Public Relations, offering B2B marketing, public relations and reputation management services for technology companies...
Dark Matter Paves Easier Path to Assumable Mortgage With Enhancements to Empower LOS
Dark Matter Technologies has enhanced the Loan Assumptions feature in the Empower loan origination system (LOS) to make it easier for mortgage lenders and...
ACES Teams With Digilytics to Give Users Access to Advanced OCR Technology
ACES Quality Management (ACES), which offers enterprise quality management and control software for the financial services industry, is partnering with Digilytics to provide ACES...
Freddie Mac: Mortgage Rates Back on the Rise After Three Weeks of Declines
After decreasing for three consecutive weeks, mortgage rates reversed this week, with the average rate for a 30-year fixed-rate mortgage rising to 7.03%, up...
Pending Home Sales Tumbled 7.7 Percent in April, Dragged Down by Rising Mortgage Rates
Due to rising mortgage rates, pending home sales decreased 7.7% in April compared with March and were down 7.4% compared with April 2023, according...
ATTOM: Zombie Foreclosures Basically Nonexistent in Q2
Due to rising home prices and strong mortgage performance, zombie foreclosures continue to be basically nonexistent, according to ATTOM.
A zombie foreclosure occurs when a...