Mortgage Applications Fell For Fourth Straight Week
Mortgage application volume fell 2.0% on an adjusted basis during the week ended August 10, as mortgage rates dipped slightly, according to the Mortgage...
Angel Oak Opens New Retail Locations, Reports Record Growth
Angel Oak Home Loans, the retail arm of the Angel Oak Companies, which deal in non-qualified mortgage (non-QM) products, as well as traditional mortgages,...
Sierra Pacific Mortgage Hires Mike Cass as Regional Manager for Midwest
Mike Cass recently joined Sierra Pacific Mortgage Co., Inc., as a regional manager for the northern, midwestern states. Cass has been in the mortgage industry since 1987 and has held varying roles throughout the Midwest. Most...
Grant McFarland: Mortgage Recruits Must Demonstrate ‘Genuine’ Connection with Borrowers
PERSON OF THE WEEK: Churchill Mortgage has seen impressive growth during the past few years, as evidenced by the many announcements the company has...
Planet Home Lending Boosts Correspondent Business 300% With LoanLogics
LoanLogics, offering loan quality technology for mortgage manufacturing and loan acquisition, reports that its software helped increase Planet Home Lending's correspondent division productivity by 300%. Planet Home Lending...
Mark Sweeney Joins IndiSoft as CTO
Mark Sweeney recently joined IndiSoft, a global provider of technology solutions for the financial services industry, as chief technology officer. Sweeney has more than 30...
Planet Home Lending Hires Kimberley Veeder-Caffrey as Regional Sales Manager
Kimberley Veeder-Caffrey has joined Planet Home Lending as regional sales manager for the Northwest. Veeder-Caffrey has more than two decades of real estate and mortgage...
Applications For New Home Sales Eked Out an Increase
After decreasing the previous two months, applications for mortgages for new home purchases increased 0.2% in July compared to June and were up 3.6%...
MortgageHippo’s POS Fitted with LendingQB’s LOS
MortgageHippo’s point-of-sale (POS) solution is now integrated LendingQB’s loan origination system (LOS). The combined solution enables lenders to deliver a seamless digital mortgage process to...
Freddie Mac: Mortgage Rates Edged Back Down Slightly
Mortgage rates edged down slightly during the week ended August 9, with the average rate for a 30-year fixed-rate mortgage at 4.59%, down from...
Cloudvirga Now Integrated with Radian
Cloudvirga is now integrated with Radian, thus enabling mortgage lenders using Cloudvirga’s point-of-sale solution to get instant and accurate mortgage insurance (MI) rate quotes...
Zillow to Acquire Mortgage Lenders of America
Zillow is getting into the mortgage business. On Monday, the online real estate giant announced that it is acquiring Mortgage Lenders of America, a national...
Soaring Prices, Lack of Supply, Hampered Existing-Home Sales in Q2
Rising home prices and lack of supply continued to push existing-home sales downward during the second quarter, according to the National Association of Realtors...
Applications for Refinances Fell to Lowest Level Since December 2000
Total mortgage application volume fell 3.0% on an adjusted basis during the week ended Aug. 3, with most of the decrease resulting from falling refinance...
Mortgage Technology Provider Roostify Taps Eric Amblard as New CFO
Eric Amblard recently joined Roostify, a digital lending platform provider, as chief financial officer. Amblard has more than a decade of broad operating experience scaling...
Lenders One Partners with DocMagic to Deliver E-Closing Solution
Lenders One Cooperative, a national alliance of independent mortgage bankers, has launched Lenders One eClosing by DocMagic, a complete e-closing solution for borrowers, lenders and...
Fannie Mae: Rising Home Prices Chipping Away at Consumer Confidence
Rising home prices are chipping away at consumer confidence in the housing market, Fannie Mae’s Home Purchase Sentiment Index shows. The index fell in July...
MBA: Mortgage Credit Availability Jumped 1.7% in July
Mortgage credit availability increased 1.7% in July to a score of 184.1 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI). Much of the increase...
CoreLogic: U.S. Home Prices Up 0.7% in June as Affordability Concerns Increase
U.S. home prices increased 0.7% in June compared with May and were up 6.8% compared with June 2017, as Washington, Nevada, Idaho and Utah...
Citizens Financial Completes Purchase of Franklin American Mortgage
Citizens Financial Group Inc. has completed its acquisition of Franklin American Mortgage Co. The deal, which was first announced in May, triples the size of...
