Mortgage Applications Up Slightly Last Week Despite Rising Rates
Mortgage application volume increased 0.6% during the week ended November 7, as rates increased slightly, according to the Mortgage Bankers Association’s (MBA) Weekly Applications...
Foreclosure Starts, REOs Continued to Rise in October
There were 25,129 foreclosure starts nationwide in October, an increase of 6% compared with September and up 20% compared with October 2024, according to...
Optimal Blue: Mortgage Lock Volume Fell in October
Total mortgage lock volume fell 4.2% in October compared with September but remains at the second-highest level in three years, according to Optimal Blue’s...
Westcor Taps Jennifer Smith for Mountain Region Team, Promotes Stacey Reardon to NY Sales...
Jennifer Smith has joined Westcor Land Title Insurance Company as a new agency representative on the Mountain region team.
In addition, Stacey Reardon has been...
MBA: Mortgage Credit Availability Increased in October
Mortgage credit availability increased 2.3% in October compared with September, rising to a score of 106.8 on the the Mortgage Bankers Association’s (MBA) Mortgage...
LenderLogix Adds AI Sidekick to its LiteSpeed POS Platform
LenderLogix has launched AI Sidekick, an artificial intelligence feature built into its LiteSpeed point-of-sale (POS) platform.
AI Sidekick supports LOs with simple tools to instantly...
ICE: Tappable Equity Has Decreased But Remains at Historic Highs
Tappable equity – the amount of equity that can be withdrawn while leaving a 20% equity cushion – stood at about $11.2 trillion nationwide...
Rate Re-Launches Rate App to Help Reduce Home Buyer Anxiety
To help reduce the stress homeowners and homebuyers face when buying or selling a home, Rate has relaunched its Rate App, which offers more...
Clear Capital: U.S. Home Prices Decreased in Q3
U.S. home prices decreased during the third quarter compared with the second quarter but were up 2.1% compared with the third quarter of 2024,...
Friday Harbor Extends its AI-Powered Underwriting to Appraisals
Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, reports that its AI Originator Assistant...
Mortgage Rates Increased This Week But Affordability is Slowly Improving
Mortgage rates edged up slightly this week, with the average rate for a 30-year, fixed-rate mortgage at 6.22%, up from 6.17% last week, according...
Click n’ Close Triples Warehouse Capacity for its Construction-to-Permanent Wholesale Loan Program
To support growing demand, mortgage lender Click n' Close has tripled its warehouse line capacity dedicated to its growing One-Time Close (OTC) construction-to-permanent wholesale...
Foundation Mortgage Hires Samuel Bjelac as SVP, National Sales, TPO
Samuel Bjelac has joined Foundation Mortgage as senior vice president, national sales, TPO.
Bjelac has more than two decades of experience leading top-performing third-party origination...
MBA: Homebuyer Affordability Improved in September
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067, down from $2,100 in September, according...
Mortgage Applications Fell Last Week on Slightly Higher Rates
Mortgage application volume fell 1.9% during the week ended October 31, as the average rate for a 30-year fixed-rate mortgage increased slightly to 6.31%,...
NAR: Share of First-Time Home Buyers Has Fallen to Historic Low
The share of first-time home buyers fell to historic low of 21% in 2025, according to the National Association of Realtors (NAR).
In addition, the...
PartnerOne to Acquire Mortgage Cadence From Accenture
Software firm PartnerOne has entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions, for an undisclosed...
Class Valuation Helps Land Gorilla Add AMC Category to its Inspection Marketplace
Appraisal management company Class Valuation and Land Gorilla, a provider of construction lending software, have announced an integration that adds a new Appraisal Management...
Land Title Insurance Company Names Steven Black President and COO
Steven D. Black has been promoted to president and chief operating officer for Westcor Land Title Insurance Company.
Black joined Westcor in 2015 as vice...
Carrington to Acquire Reliance First Capital
Carrington Holding Company is acquiring Reliance First Capital, a mortgage banking firm offering a wide range of programs, including FHA and VA loans, from...