GSEs Expand Eligibility for Appraisal Waivers on Purchase Loans, Among Other Policy Updates
The Federal Housing Finance Agency (FHFA) has announced updates to several Fannie Mae and Freddie Mac policies including expanding eligibility for appraisal waivers on...
Fay Servicing Partnership with SpringFour Helping Thousands of Struggling Borrowers
Mortgage servicer Fay Servicing reports that it has helped thousands of homeowners who are struggling financially through its partnership with SpringFour, a social impact...
Optimal Blue Adds New Features to its Platform
Optimal Blue has added an expanded AI assistant suite and a new Scenario Optimizer to its PPE, and has also announced free availability of...
Mortgage Bankers Association Taps Laura Escobar as Chair for 2025
Laura Escobar, president of Lennar Mortgage, has been appointed chair of the Mortgage Bankers Association (MBA) for 2025.
In addition, Christine Chandler has been named...
Mortgage Origination Volume Forecast to Jump 28 Percent in 2025
Total mortgage origination volume is forecast to increase to $2.3 trillion in 2025, up 28% from the $1.79 trillion expected in 2024, according to...
Mortgage Delinquency Rate Increased in September
The U.S. mortgage delinquency rate increased to 3.48% in September, up from 3.34% in August, according to ICE Mortgage Technology’s latest First Look report.
About...
Ardley’s Platform Now Lets Users Qualify Borrowers Based on Lender-Specified Pricing Adjustments
Ardley, offering technology that parses mortgage servicers’ entire portfolios and identifies viable new origination opportunities in seconds, has launched Forecast, a new feature of...
New Home Sales in September Jumped 4.1 Percent
New home sales in September were at a seasonally adjusted annual rate of 738,000, an increase of 4.1% compared with August and up 6.3%...
MCT Adds Customized Spec Durations to MCTlive!
Mortgage Capital Trading says it has improved the functionality of its mortgage hedging software with customized spec durations.
Mortgage lenders using MCT’s capital markets platform...
FormFree Adds Auto-Matching Capability to its Customer Acquisition Marketplace
FormFree has made several enhancements to its customer acquisition marketplace, including a new auto-matching capability that connects borrowers and lenders in seconds.
FFX is the...
NotaryCam Speeds E-Closings With New ‘Done For You’ Program
NotaryCam, which offers remote online notarization technology for real estate and legal transactions, has launched its “Done For You” e-closing program, which provides lenders...
Xactus Hires Sasha Stair as Chief Marketing Officer
Sasha Stair has joined Xactus, a provider of verification solutions for the mortgage industry, as chief marketing officer.
Stair has more than two decades of...
CoreLogic Adds Tax Transcripts to its AutomatIQ Borrower Platform
CoreLogic has added a new Tax Transcripts solution to its AutomatIQ Borrower platform, providing mortgage professionals and their clients with efficient, rapid and reliable...
Mortgage Rates Increase for a Fourth Straight Week
Mortgage rates increased for a fourth straight week, as the average rate for a 30-year fixed-rate mortgage rose to 6.54%, up from 6.44% last...
Click n’ Close Adds New DPA Option to its Shared Appreciation Mortgage Program
Click n’ Close has introduced a new down payment assistance option for its Shared Appreciation Mortgage (SAM) program, which offers a below-market interest rate...
U.S. Mortgage Corp. Using LenderLogix LiteSpeed to Deliver Digital-First Borrower Experience
U.S. Mortgage Corp. is now using LenderLogix LiteSpeed point-of sale system, which is designed to work with the Encompass loan origination system.
The lender decided...
Existing-Home Sales Fell Again in September
Existing-home sales decreased 1.0% in September compared with August to a seasonally adjusted annual rate of 3.84 million, according to the National Association of...
Mortgage Applications Continue to Recede as Average Rate for 30-Year Hovers Around 6.5 Percent
Mortgage application volume fell for a fourth straight week, dropping 6.7% compared with the previous week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications...
FinLocker Partnering With FirstHome IQ to Help Young Consumers Improve Their Financial Health
FinLocker is partnering with FirstHome IQ to provide young consumers with the tools to improve their financial health
The partnership is aimed at increasing financial...
Joseph D’Urso: Now is a Great Time to Start a Title Business
With the Fed’s recent rate cut and more cuts forecast, now may be a great time to start a title business. In this MortgageOrb...