NAR: March Pending Home Sales Saw Biggest Increase Since December 2023
Pending home sales increased 6.1% in March compared with February but were down 0.6% compared with March 2024, the National Association of Realtors (NAR)...
Mortgage Lenders Identify Top Challenges in Managing Escrow Tax Payments
Mortgage lenders identified rising costs (39.8%), staffing limitations (11.7%), regulatory compliance (29.1%), and inefficient processes (21.4%) as major hurdles in managing escrow-related payments for...
Victorian Finance Provides Digital-First Mortgage Experience With LenderLogix
Victorian Finance, an independent mortgage lending company, is using the LenderLogix LiteSpeed point-of-sale (POS) system to provide borrowers with an automated, digital-first mortgage experience.
"With...
Denial Rates Increased, Top Lenders Dominated and Lending Volume Rebounded in 2024
Mortgage lending volume rebounded slightly in 2024 compared with 2023, driven by a resurgence in refinancing, according to iEmergent’s Mortgage MarketSmart report.
The forecasting and...
ATTOM: Home Sellers Made Less Profit on Average in Q1
Homeowners who sold their homes during the first quarter on average made less profit compared with those who sold in the fourth quarter and...
First American: Rate Lock-In Effect Appears to be Loosening
The rate lock-in effect that has kept the housing market “stalled” during the past two years appears to be finally loosening, a report from...
MIAC Analytics Facilitating Sale of MSR Portfolio With Estimated UPB of $5.16 Billion
MIAC Analytics is handling the sale of a Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing rights (MSR) portfolio with unpaid principle balance...
MBA: CRE Borrowing and Lending Jumped 16 Percent in 2024
Total commercial real estate (CRE) mortgage borrowing and lending reached an estimated $498 billion in 2024, a 16% increase compared with 2023 but a...
ICE: Mortgage Delinquency Rate Decreased Month Over Month in March
The U.S. mortgage delinquency rate decreased to 3.21% in March, down 9% compared with February but up 0.41% compared with March 2024, according to...
MBA: Homebuyer Affordability Improved Slightly in March
Homebuyer affordability improved month-over-month in March, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI).
The report shows that the national median...
CREFC: Sentiment in the CRE Finance Market Plummeted Following ‘Liberation Day’
President Trump's "Liberation Day" tariff announcements on April 2 resulted in a dramatic shift in market sentiment for the CRE Finance market, as shown...
Dark Matter Launches Developer Portal, Opening External Innovation for the Empower LOS
Mortgage technology provider Dark Matter Technologies has unveiled a new developer portal that marks a significant evolution for the Empower loan origination system (LOS),...
Mortgage Rates Dip Slightly, But Have Been Surprisingly Stable For Past Two Months
Mortgage rates edged down slightly this week, with the average rate for a 30-year fixed-rate mortgage falling to 6.81%, down from 6.83% last week,...
NAR: Existing-Home Sales Plummeted 5.9 Percent in March
Existing-home sales were at a seasonally adjusted annual rate of 4.02 million in March, a decrease of 5.9% compared with February, according to the...
Lisa Pendergast: Tariff Uncertainty Unnerves CRE Finance Market
While the issuance of securities backed by commercial property debt got off to a strong start in the first quarter of this year, uncertainty...
Consolidated Analytics Integrates Sagent’s Dara Claims With its Servicing Operations
Mortgage services provider Consolidated Analytics (CA) has expanded its partnership with Sagent, a servicing fintech software company, to further integrate Sagent’s Dara Claims into its...
MBA: Share of Mortgages in Forbearance Fell in March
The total number of mortgage loans in forbearance decreased by 2 basis points in March, dropping to 0.36% of servicers’ portfolio volume, down from...
Mortgage Applications Tumbled as Rates Spiked Last Week
Mortgage application volume fell 12.7% during the week ended April 8, as the average rate for a 30-year fixed-rate mortgage increased to 6.90%, up...
New Home Sales Jumped 7.4 Percent in March as Mortgage Rates Dipped
New home sales were at a seasonally-adjusted annual rate of 724,000 in March, a jump of 7.4% compared with February and up 6.0% compared...
Class Valuation Adds Industry Veterans Jim Bannister and Scott Shaw to its Sales Leadership
Jim Bannister and Scott Shaw have joined appraisal management company (AMC) Class Valuation as senior sales executives.
Together, Bannister and Shaw have more than 45...