My Mortgage Trainer to be Acquired by 360training.com
360training.com, Inc., a provider of regulatory-approved training and compliance solutions, is acquiring My Mortgage Trainer, an NMLS-approved provider of mortgage education and compliance training.
Terms...
Cotality: Home Price Growth Continued to Cool in February
U.S. home prices increased 0.3% in February compared with January and were up 2.9% compared with February 2024, according to the latest home price...
MBA Appoints Brendan Kelleher to AVP of Government Housing Finance
Brendan Kelleher has been appointed associate vice president of government housing finance at the Mortgage Bankers Association (MBA).
Kelleher joined MBA in 2022 as the...
ATTOM: Foreclosure Filings Increased 11 Percent in Q1
A total of 93,953 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first quarter, an increase...
Purdue Federal Credit Union Selects Mortgage Cadence as its LOS
Purdue Federal Credit Union has selected MCP Essentials by Mortgage Cadence, a subsidiary of Accenture, as its loan origination system (LOS).
MCP Essentials is a...
Mortgage Rates Decrease Slightly For a Third Straight Week
Mortgage rates continued to decrease this week, with the average rate for a 30-year, fixed-rate mortgage falling to 6.62%, down from 6.64% last week,...
More Than 100 Fannie Mae Employees Fired for ‘Unethical Conduct,’ Some Accused of Fraud
More than 100 employees have been fired for unethical conduct at government-sponsored enterprise Fannie Mae over the past few weeks, some of them accused...
Class Valuation Acquires Appraisal Nation
Class Valuation, a national real estate appraisal management company (AMC), is acquiring Appraisal Nation, a Cary, North Carolina-based AMC specializing in valuation solutions for...
Click n’ Close Hires Kim Schenck as Correspondent Manager
Kim Schenck has joined the correspondent lending sales team at Click n’ Close as correspondent manager.
Schenck has more than 30 years of experience in...
Mortgage Applications Surged on Lower Rates
Mortgage application volume increased 20% during the week ended April 4, as the average rate for a 30-year, fixed-rate mortgage decreased to 6.61%, down...
Panorama Mortgage Group Taps Juan Cepeda as Chief Operating Officer
Juan Cepeda has joined Panorama Mortgage Group as chief operating officer (COO).
Cepeda has more than 26 years of experience in the mortgage industry. Throughout...
Choice Mortgage Group Adds Brian Mozley as Chief Growth Officer
Seasoned mortgage and financial services executive Brian Mozley has joined Choice Mortgage Group, a full-service mortgage lender, as chief growth officer.
Mozley has two decades...
Truework Hires Randy Lightbody as Head of Mortgage
Randy Lightbody has joined Truework, a provider of income and employment verification technology, as head of mortgage.
Lightbody has more than 35 years of experience...
OptimalBlue: Mortgage Lock Volume Increased 24 Percent in March
A 52% surge in rate-and-term refi locks during March drove a 24% overall increase in mortgage lock volume as early spring buyers returned to...
Minnesota Most Desired State for Homeownership Among Those Under 35
Minnesota ranks as the most desired state for young people buying property, with 50.8% of people under age 35 owning a home, according to...
Westcor Hires Rachael Yenque as Florida Agency Representative
Rachael Yenque recently joined Westcor Land Title Insurance Co. as Florida agency representative.
Yenque has 20 years of experience in the title insurance industry. She...
ICE: Home Price Appreciation Slowed in February
Home price appreciation slowed across the U.S. in February, with condo prices decreasing annually for the first time in more than a decade, according...
Clever Offers Platform Hits $500 Million Milestone
Clever Real Estate reports that its new Clever Offers platform - a free service that allows home sellers on tight timelines to explore their...
Carrington Mortgage Services’ Correspondent Channel Focusing on Non-QM
Carrington Mortgage Services (CMS) reports that, moving forward, its correspondent channel is concentrating exclusively on underwriting and purchasing non-qualified mortgage (non-QM) loans.
“In recent years,...
Mortgage Collaborative Adds Seven New Lenders to its Network
The Mortgage Collaborative, an independent cooperative network serving the mortgage industry, recently added the following lender members to its growing community:
Zillow Home Loans
Old National...