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Q2 Banks, Credit Unions Offer Digital Home Loan Process from Rocket Mortgage

Q2 Holdings Inc., a provider of digital transformation solutions for banking and lending, and Rocket Mortgage, a mortgage lender and a part of Rocket...

July Figures Show a New Record for Share of Homebuyers Seeking to Relocate

The share of homebuyers looking to relocate jumped in July as high mortgage rates and home prices motivated Americans to move to more affordable...

Delinquencies Drop to 3.64 Percent of Outstanding Loans in Second Quarter

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.64% of all loans outstanding at the...

NAR Reports 80 Percent of Metro Areas Showed Double-Digit Price Gains in Q2 2022

Despite escalating mortgage rates and slumping home sales in the second quarter of 2022, a greater number of markets experienced double-digit annual price gains...

CMG Introduces New Nationwide Home Loan Division

The retail division of CMG Financial, a mortgage banking firm headquartered in California, has launched a new unit: CMG Home Loans. CMG Home Loans is...

Harry Gunsallus, Amy Apuzzo Join Liberty Bank

Harry Gunsallus has joined Liberty Bank, one of the oldest and largest mutual banks in the U.S., as senior vice president, digital strategy officer...

HomeScout Partners with FormFree to Launch HomeScout Qualified Borrower

FormFree has partnered with HomeScout, a wholly owned subsidiary of FirstClose, to launch HomeScout Qualified Borrower, a tool that helps lenders generate leads and...

David Foster: How Today’s Market Impacts the Appraisals and Inspections Landscape

PERSON OF THE WEEK: The housing market has seen many changes over the past couple of years, some as a result of the COVID-19...

CoreLogic Counts Mortgage Delinquencies in May at New Low of 2.7 Percent

CoreLogic, a global property information, analytics and data-enabled solutions provider, has released its monthly Loan Performance Insights Report for May 2022. For the month...

CFPB, DOJ Fine Trident Mortgage For Alleged Redlining

The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) recently ordered Trident Mortgage Co., a non-depository mortgage company operating in Delaware,...

Accurate Group Verified as Freddie Mac ACE+ PDR Software Provider

Appraisal management firm Accurate Group is now verified to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) product, giving lenders...

Keller Mortgage Deploys Mortgage Coach Enterprise-Wide 

Keller Mortgage, the mortgage lending arm of Keller Williams Realty, has made Mortgage Coach available to its loan officers enterprise-wide. Mortgage Coach is a platform...

Black Knight Reports a Nearly 17 Percent Drop in Rate/Term Refinance Locks in July

Black Knight Inc. has released its latest Originations Market Monitor report, looking at mortgage origination data through the end of July. The month's pipeline...

FormFree, HomeScout Launch Borrower Tool for Mortgage Lenders

FormFree has partnered with HomeScout, a wholly owned subsidiary of FirstClose, to launch HomeScout Qualified Borrower, a tool that helps lenders generate leads and...

Consumers Grow More Concerned About Home Buying and Selling Conditions

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the...

Homebuyers Slowly Return to Market with Falling Mortgage Rates, Redfin Reports

More homebuyers are returning to the market, motivated by a decline in mortgage rates and a record share of listings with price drops, according...

Panorama Mortgage Group Now Includes InQlusion Mortgage Capital

InQlusion Mortgage Capital is now part of Panorama Mortgage Group (PMG), a multi-brand national mortgage company. InQlusion Mortgage Capital is dedicated to expanding minority and...

Mortgage Applications Inched Higher at End of July

Mortgage applications increased 1.2% on a seasonally adjusted basis from one week earlier, according to Market Composite Index data from the Mortgage Bankers Association’s...

Joseariel Gomez: Robotic Process Automation Can Improve Lending Efficiency End-to-End

PERSON OF THE WEEK: Especially since the pandemic, mortgage lenders are adopting new technologies to automate and accelerate the mortgage process - in a...

Fannie Mae Prices Latest CAS REMIC Transaction at $626 Million

Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae’s eighth CAS REMIC transaction...