Navy Federal Credit Union Renews With Dark Matter
Navy Federal Credit Union, with more than 14 million members and 365 branches worldwide, has renewed its contract with Dark Matter Technologies.
That means Navy...
nCino Rolls Out More AI-Driven Innovations
Mortgage technology firm nCino says it has new mortgage-focused AI innovations designed to accelerate loan origination, reduce underwriting touches and deliver more responsive borrower...
Peak Residential Lending Using LenderLogix’s LiteSpeed Integration With Argyle
Mortgage lender Peak Residential Lending is now using LenderLogix's LiteSpeed integration with Argyle to deliver verification of assets (VOA) directly at the point of...
FICO Goes Direct, ‘Eliminating Reliance’ on the Three Credit Bureaus
FICO has upended the delivery of FICO scores by making its data directly available to lenders via the FICO Mortgage Direct License Program.
In so...
Closinglock Launches New, Simplified FinCEN Data Capture Tool for Title Pros
Closinglock has launched a new, simplified FinCEN data capture tool to help title pros meet new rules.
As per a March 1 mandate, title and...
Mortgage Rates Continue to Rise
Mortgage rates continued to rise this week, with the average rate for a 30-year, fixed-rate mortgage climbing to 6.34%, up from 6.30% last week,...
Blue Sage Solutions Enhances its LION Consumer POS
Blue Sage Solutions has upgraded its LION Consumer Point of Sale (POS) platform with new features that improve user experience, accessibility, and system performance.
The...
First American: Home Affordability Improved in July
Home affordability improved somewhat in July, as home price growth – and mortgage rates – moderated, according to First American’s Real House Price Index.
Affordability...
Prudent AI Builds Out its Leadership Team as its Customer Base and Product Suite...
Christy Moss has joined mortgage technology firm Prudent AI as executive strategic advisor.
In addition, Kishore Dasaka has joined the firm as fractional chief financial...
Mortgage Application Activity Plummeted Last Week as Rates Increased
Mortgage application volume decreased 12.7% during the week ended September 26, as rates increased, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
Applications...
The Mortgage Transparency Crisis: Why Lack of Clarity Could Cost Lenders in 2025
This isn’t about high mortgage rates: We’ve all read that headline before.
As of September, following the Federal Reserve’s rate cut, the average interest rate...
FirstClose Integrates With Optimal Blue PPE
FirstClose, a provider of data and workflow solutions for mortgage and home equity lenders nationwide, has announced a new integration with Optimal Blue that...
Pending Home Sales Increased 4 Percent in August But Affordability Challenges Remain
Pending home sales increased 4% in August compared with July and were up 3.8% compared with August 2024, according to the National Association of...
Atlas VMS Promotes Anneta Pope to Chief Brand Officer
Anneta Pope has been promoted to chief brand officer at Atlas VMS, a valuation management company.
Pope joined Atlas in 2023. She was previously chief growth...
Rate Increases Conforming Loan Limit Ahead of Official FHFA Announcement
Rate reports that it is increasing in its conforming loan limit to $819,000 for select loan products across the contiguous 48 states ahead of...
Planet Home Lending Taps John Adams as Retail Renovation Leader
John Adams has joined Planet Home Lending as retail renovation leader.
Adams will expand Planet's renovation expertise at a time when borrowers, MLOs and real...
Existing-Home Sales Decreased Slightly in August
Existing-home sales in August were at a seasonally adjusted annual rate of 4.0 million, a decrease of 0.2% compared with July but up 1.8%...
Mortgage Rates Inched Back Up
Mortgage rates inched back up this week, with the average rate for a 30-year fixed-rate mortgage rising to 6.30%, up from 6.26% last week,...
Mortgage Delinquencies Increased Again in August, Due Mainly to ‘Calendar Anomaly’
The U.S. mortgage delinquency rate increased to 3.43% in August, up nearly 5% compared with July and up nearly 3% compared with August 2024,...
Mortgage Applications Continued to Rise Last Week
Mortgage application volume inched up 0.6% during the week ended September 19, as the average rate for a 30-year, fixed-rate mortgage dropped to 6.34%,...