Black Knight: Falling Mortgage Locks, Tightening Credit in June
According to the latest Originations Market Monitor report from Black Knight Inc., analyzing mortgage origination data through the end of June 2023, rate lock...
PrimeLending Aims to Expedite Mortgage Credit Approval Process
PrimeLending, a national home loan provider and PlainsCapital Company, has unveiled a streamlined mortgage credit approval process: 1Day AdvantEDGE. Subject to certain limitations, it...
Mortgage Lender Decisions Sharpen with CoreLogic Platform Upgrade
CoreLogic has made an update to the CoreLogic Discovery Platform, its cloud-based platform that allows data exchange, property analytics and integration with major cloud...
Guild Mortgage Given Kudos for Rural Development Lending
The U.S. Department of Agriculture (USDA) has named Guild Mortgage a 2023 Top Guaranteed Rural Housing Lender in the Loan Origination category. San Diego-based...
Fitch Boosts Planet Home Lending Primary, Special Servicer Ratings
Fitch Ratings has upgraded Planet Home Lending's Primary Subprime Servicer rating to RPS2- and its Special Servicer rating to RSS2-. Previously, the ratings were...
Home Values Hit New Peak Amid Hesitant Sellers, Eager Buyers
According to the latest Zillow Market Report, the typical home value eclipsed $350,000 for the first time ever as healthy demand from buyers continues...
MBA Weekly Survey: Mortgage Applications Increase
Data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 7, 2023, show that mortgage applications increased 0.9%...
CoreLogic: Home Price Growth Still Slow, Appreciation Positive
According to the CoreLogic Home Price Index and HPI Forecast for May 2023: Annual U.S. single-family home price growth slowed for the 12th straight...
Driving Digital Innovation and Tech-Enabled Transformation
BLOG VIEW: The mortgage industry is at a tipping point in terms of technology adoption. Most lenders acknowledge the importance of adopting new technologies,...
BlackFin Group Adds Industry Veteran Christopher Call as Principal Consultant
Christopher Call has joined BlackFin Group, a management consulting firm serving the banking and mortgage industries, as principal consultant to run the firm’s professional...
New Data Accuracy Tool Intends to Streamline Loan Process
Candor Technology, a provider of AI-based mortgage underwriting solutions, has launched Candor Pre-Check, its newest product feature. Candor Pre-Check is a data accuracy tool...
Ginnie Mae: Mortgage-Backed Securities Portfolio Grew in June
Ginnie Mae's mortgage-backed securities (MBS) portfolio outstanding grew to $2.422 trillion in June. That figure includes $39 billion of total MBS issuance, leading to...
MBA: Mortgage Credit Availability Increases Slightly
Mortgage credit availability increased in June shows the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data...
Loan Vision Taps Paul Loftus as CEO
Paul J. Loftus is the new CEO of Loan Vision, which offers loan-level accounting software used by mortgage companies.
In a release, Loan Vision says...
Wolters Kluwer Promotes Vikram Savkar to EVP and GM of Compliance Solutions Business
Vikram Savkar has been promoted to executive vice president and general manager of Wolters Kluwer Compliance Solutions, a provider of risk management and regulatory...
Black Knight: May Record High Home Prices Indicate Market Reversal
The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report. As the nation approaches the traditional end of...
First American Hires Jody Mulkey as Chief Technology Officer
Jody Mulkey has joined First American Financial Corp., a provider of title, settlement and risk solutions, as chief technology officer.
Mulkey previously served as chief...
Healthy Jobs Report in June Increases Prospect of Fed Rate Hike
The U.S. economy added 209,000 jobs in June as the unemployment rate stayed flat at 3.6%, according to the U.S. Bureau of Labor Statistics.
The...
Ginnie Mae Continues to Enhance LMI Disclosures
Ginnie Mae has expanded its low-to-moderate income (LMI) disclosure initiative to include loan-level pool data for U.S. Department of Agriculture, Rural Housing Service (USDA-RHS)...
Consumers Reconciled to Status Quo Housing Market
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained mostly flat in June, increasing by only 0.4 points to 66.0, as difficult supply and...