Foundation Mortgage Hires Samuel Bjelac as SVP, National Sales, TPO
Samuel Bjelac has joined Foundation Mortgage as senior vice president, national sales, TPO.
Bjelac has more than two decades of experience leading top-performing third-party origination...
MBA: Homebuyer Affordability Improved in September
Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067, down from $2,100 in September, according...
Mortgage Applications Fell Last Week on Slightly Higher Rates
Mortgage application volume fell 1.9% during the week ended October 31, as the average rate for a 30-year fixed-rate mortgage increased slightly to 6.31%,...
NAR: Share of First-Time Home Buyers Has Fallen to Historic Low
The share of first-time home buyers fell to historic low of 21% in 2025, according to the National Association of Realtors (NAR).
In addition, the...
PartnerOne to Acquire Mortgage Cadence From Accenture
Software firm PartnerOne has entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions, for an undisclosed...
Class Valuation Helps Land Gorilla Add AMC Category to its Inspection Marketplace
Appraisal management company Class Valuation and Land Gorilla, a provider of construction lending software, have announced an integration that adds a new Appraisal Management...
Land Title Insurance Company Names Steven Black President and COO
Steven D. Black has been promoted to president and chief operating officer for Westcor Land Title Insurance Company.
Black joined Westcor in 2015 as vice...
Carrington to Acquire Reliance First Capital
Carrington Holding Company is acquiring Reliance First Capital, a mortgage banking firm offering a wide range of programs, including FHA and VA loans, from...
MeridianLink Announces Wave of Enhancements Across its MeridianLink One Platform
Community banks and credit unions are under increasing pressure to grow deposits, drive lending, and improve efficiency, all while delivering a modern, digital-first experience.
In...
Click n’ Close Hires Jon Wilson as Vice President of Accounting
Jon Wilson has joined mortgage lender Click n' Close as vice president of accounting.
Wilson has more than 20 years of experience in accounting and...
Zombie Foreclosures a Rare Sight This Halloween
Zombie foreclosures continue to be far and few between in the fourth quarter, accounting for just 3.25% of residential properties in the foreclosure process,...
Case-Shiller: U.S. Home Prices Were Basically Flat in August
U.S. home prices increased 0.2% on a seasonally adjusted basis in August compared with July and were up 1.5% compared with August 2024, according...
Mortgage Rates Fell This Week But Are Back on the Rise
Mortgage rates decreased this week, with the average rate for a 30-year fixed-rate mortgage dropping to 6.17%, down from an average of 6.19% last...
Mortgage Applications Jumped 7.1 Percent Last Week on Lower Rates
Mortgage applications increased 7.1% during the week ended October 24, with the average rate for a 30-year, fixed-rate mortgage falling to 6.30%, down from...
Pending Home Sales Flat in September
Pending home sales were flat in September compared with August and were down 0.9% compared with September 2024, according to the National Association of...
Fed Cuts Rates 0.25 Percent But Signals That’s it for 2025
As was expected, the Federal Open Market Committee (FOMC) today voted to cut the fed funds rate by 0.25% to 3.75%-4.0%.
The FOMC is also...
Safeguarding Against AI-Powered Scams in the Mortgage Industry
A title company in Florida is about to close a property sale. The final steps are in motion, including a video call to verify...
Verituity’s Payouts Platform Now Embedded in Sagent’s Servicing Solutions
Verituity is partnering with Sagent to embed its cloud-based payouts platform into Sagent’s servicing solutions.
This will enable servicers to move beyond legacy check-based systems and...
Click n’ Close Offering Free USDA Lock Extensions During Government Shutdown
Mortgage lender Click n' Close is supporting lenders during the federal government shutdown by offering free lock extensions for USDA loans already in its...
ICE: Foreclosure Starts Jumped in September But Overall Mortgage Performance Remains Strong
There were roughly 42,000 foreclosure starts nationwide in September, an increase of 43.5% compared with August and up 60.5% compared with September 2024, according...