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Mortgage Rates Hold Steady as Volume Remains Strong

The average rate for 30-year fixed-rate mortgage held steady at 2.81% this week, up slightly from 2.80% last week but down significantly...

U.S. Home Prices Increased Again in August, Despite Pandemic

U.S. home prices continued to increase at a modest rate in August, rising 1.0% on a seasonally adjusted basis compared with July,...

How Client References Fuel Sales Growth

BLOG VIEW: One of the most powerful ways a company can fuel its sales is to have its clients sell on its...

Mortgage Applications Dipped Slightly Last Week as Rates Increased

Mortgage application volume basically held steady, dipping 0.6% during the week ended October 16, according to the Mortgage Bankers Association's (MBA) Weekly...

Planet Home Lending Adds Jerrold David, Walt Nally as Part of West Coast Expansion

Jerrold David has joined Planet Home Lending as regional sales manager in the Greater Los Angeles area.In addition...

LenderClose Adds Five New Hires to its Team

LenderClose, a proprietary, technology-focused lending platform that injects speed and efficiency into the lending process, recently announced five new hires.

Average Rate for 30-Year Mortgage Drops to Record Low

The average rate for a 30-year fixed-rate mortgage dropped to 2.80% this week, the lowest it’s been since at least 1971, according...

Foreclosure Activity Hit a Record Low in Q3, Despite COVID-19 Crisis

Foreclosure activity has, for all intents and purposes, ground to a halt due to moratoria put in place by the federal, state...

SWBC Mortgage CEO Takes Helm of MBA

Susan Stewart, CEO of SWBC Mortgage Corp., has been sworn in as chairwoman of the Mortgage Bankers Association (MBA).

More Than 6 Million Missed Their Rent, Mortgage Payments in September

More than 6 million households did not make their rent or mortgage payments in September, according to a report from the Mortgage...

Average Rate For 30-Year Mortgage Hits Lowest Level Since 1971

The average rate for a 30-year fixed-rate mortgage dropped to 2.81% this week - the lowest its been since 1971, according to...

Applications for New Home Purchases Dipped in September But Were Up Year-Over-Year

Applications for mortgages for new home purchases fell 5% in September compared with August but were up 38.2% compared with September 2019,...

Steve Richman: Tips For Creating Engaging Video Content for Social Media

PERSON OF THE WEEK: How can mortgage lenders create engaging video content for social media?To find out, MortgageOrb...

Agility: A Key Attribute for Mortgage Lenders in a Volatile Market

BLOG VIEW: For any mortgage lender operating in a volatile market, agility is a key attribute.This is especially...

Redfin: U.S. Luxury Home Sales Have Soared During the Pandemic

U.S. luxury home sales increased 41.5% year-over-year in the third quarter, according to a new report from Redfin.That’s...

OptifiNow Partners with Digideck to Enable Users to Deliver Customized Presentations to Prospects

OptifiNow, a provider of CRM and marketing automation solutions, recently announced a partnership with cloud-based presentation platform, Digideck, that enables users of...

FormFree Granted U.S. Patent for its Approach to Credit Decisioning

FormFree, a provider of automated asset, income and employment verification solutions to mortgage lenders, reports that it has received a U.S. Patent...

The Emerging Paradox: Mortgage Delinquencies on the Rise, Along with Home Sales

There is an emerging paradox in the U.S. housing market: home sales are rising and demand has never been stronger - yet...

Homeowners Continue to Exit Mortgage Forbearance Plans

The share of mortgages in COVID-19-related forbearance plans fell to 6.32% of servicers' portfolio volume during the week ended Oct. 4, down...

Promontory MortgagePath Taps Theresa Sloan as Managing Director, National Mortgage Operations

Theresa Sloan recently joined Promontory MortgagePath, a provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, as managing director, national mortgage...

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