CoreLogic: Rising Home Equity Has Given U.S. Homeowners a ‘Solid Financial Cushion’
The average U.S. mortgage borrower saw their home equity increase by about $24,000 year over year in the fourth quarter - a historic high...
Strong Jobs Report in February Unlikely to Deter Fed Rate Cut
Roughly 275,000 jobs were added to the U.S. economy in February, but an increase in job losses resulted in the unemployment rate rising to...
Planet Home Lending Taps Doug Long as SVP, Divisional Sales Leader
Doug Long has joined Planet Home Lending as senior vice president, divisional sales leader.
Long has more than four decades of experience in mortgage banking....
Bizzy Labs Updates Libretto to Streamline Loan Boarding for MSR Acquisitions
Mortgage compliance technology firm Bizzy Labs has updated its Libretto solution in order to further streamline and automate the loan boarding process, particularly for...
ICE: Mortgage Credit Increased Slightly in February But Remains Tight
Mortgage credit availability edged up slightly in February, rising 0.2% to a score 92.9 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index...
MCT: Despite Rising Rates Mortgage Lock Volume Increased 20.9 Percent in February
Mortgage lock volume increased 20.9% in February compared with January as buyer sentiment turned more positive, according to advisory firm Mortgage Capital Trading.
However, it’s...
CoreLogic: Home Prices Increased in January But Growth is Expected to Slow in 2024
U.S. home prices increased 0.1% in January compared with December and were up 5.8% compared with January 2023, according to CoreLogic’s home price index.
However,...
After Falling for Three Straight Weeks, Mortgage Applications Jumped 9.7 Percent
Mortgage application volume jumped 9.7% during the week ended March 1, as the average rate for a 30-year fixed-rate mortgage dropped to 7.02%, down...
LenderLogix Announces POS Integration with AccountChek
AccountChek, a borrower verification solution from Informative Research, has been integrated with LenderLogix’ LiteSpeed point-of-sale system.
The integration blends AccountChek's pioneering verification technology into LiteSpeed...
The Carrington Companies Names Andrew Taffet as CEO
Andrew Taffet has been named CEO for The Carrington Companies, which offers a suite of non-QM loan offerings, as well as FHA, VA, USDA...
DataTrace Adds New Features to its TitleFlex Property Data Solution
DataTrace has made a series of enhancements to its TitleFlex property data platform, including new search and automated list-building capabilities that enable title companies...
ATTOM: Mortgage Originations Plummeted 13.8 Percent in Q4
Mortgage originations dropped 13.8% in the fourth quarter compared with the third quarter and were down 16.5% compared with the fourth quarter of 2022,...
MBA: Homebuyer Affordability Decreased in January as Home Prices Continued to Rise
Homebuyer affordability eroded in January, as home prices increased and offset the decline in mortgage rates that came during the month.
According to the Mortgage...
Mortgage Delinquencies Edged Up Slightly in December But Remain at Historical Lows
The national mortgage delinquency rate increased to 3.1% in December, an increase of 0.2 percentage points compared with November and an increase of 0.1...
RegCheck Now Delivers Enhanced TRID Capabilities
Asurity Technologies’ RegCheck compliance solution now delivers enhanced TILA-RESPA Integrated Disclosure (TRID) capabilities.
The Consumer Financial Protection Bureau's TRID rules reshaped the mortgage lending landscape,...
Redfin: New Listings Surged 13 Percent During February
More homeowners listed their homes this week compared with last week, resulting in a corresponding increase in inventory, according to Redfin.
The firm’s data show...
CoreLogic Promotes Kevin Greene to Executive, GM Real Estate Solutions
Kevin Greene has been promoted to executive, GM real estate solutions, at CoreLogic.
Greene is a former real estate broker/owner as well as a U.S....
New Paradatec Module Lets Clients Compare Data from Multiple Documents, Systems
Paradatec Inc., which offers AI-based document analysis technology for the lending and real estate industries, has launched a new analytics module that automatically compares...
Mortgage Rates Increase for Fourth Straight Week, Killing Homebuyer Momentum
Mortgage rates increased for a fourth consecutive week, with the average rate for a 30-year fixed-rate mortgage climbing to 6.94%, up from 6.9% last...
Pending Home Sales Decreased in January as Mortgage Rates Went Back on the Rise
Pending home sales fell 4.9% in January compared with December and were down 8.8% compared with January 2023, according to the National Association of...