Housing Starts Continue to Disappoint
Housing starts continued to disappoint in March, reaching an annual rate of 1.139 million units, a decrease of 0.3% compared with February...
Fannie Mae: Purchase Volume Will Rise Moderately in 2019
Purchase mortgage origination volume is projected to rise moderately in 2019 compared with 2018, amid flat home sales and slower home price...
Mortgage Rates Increased For a Third Consecutive Week
Mortgage rates edged upward for a third straight week, as the average rate for a 30-year fixed-rate mortgage reached 4.17%, up from...
LoanLogics Appoints Bill Neville as CEO
Bill Neville has been appointed CEO of LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition.
Refinance Share Regained Some Ground in March
Due to a significant drop in mortgage rates, the refinance share of mortgage origination volume increased to 35% in March, up from...
Thoma Bravo Closes its Acquisition of Ellie Mae
Private equity investment firm Thoma Bravo has completed its acquisition of mortgage origination software firm Ellie Mae for approximately $3.7 billion.
Mortgage Bankers Saw Origination Volume, Profits Drop in 2018
Ask any mortgage banker how well they did in terms of origination volume in 2018 and they will likely say it was...
Rising Rates Cause Mortgage Applications to Fall For a Second Straight Week
Mortgage application volume fell for a second straight week during the week ended April 12, but the decrease was due mainly to...
Calyx Now Integrated with Land Gorilla
Calyx, a provider of mortgage loan origination software, recently announced that its Path loan origination system is now integrated with Land Gorilla’s...
Home Point Financial Acquires Platinum Mortgage’s Wholesale Division
Home Point Financial, a national mortgage originator and servicer, has acquired the wholesale division of Platinum Mortgage Inc., including Platinum’s sales team and...
Jeff Leinan: Wholesale Lenders Facing Intense Competition
PERSON OF THE WEEK: The wholesale mortgage market has always been competitive, but now that refinances are down and purchase loans represent...
Churchill Mortgage Taps Tim Broadhurst as SVP of Loan Officer Development
Industry veteran Tim Broadhurst recently joined Churchill Mortgage as senior vice president of loan officer development and senior home loan specialist.
Anow Announces Integrations with Veros
Anow, a developer of appraisal management software, has integrated Veros PATHWAY, VeroSELECT and VeroSCORE QC from Veros Real Estate Solutions with its...
Old Republic Title Hires Jeffrey Tischler as SVP, Technology Solutions
Jeffrey Tischler has joined Old Republic Title, headquartered in Tampa, Fla., as senior vice president, technology solutions.Tischler currently...
Lender Price and Mountain West Financial Team to Build Online Borrower Portal
Lender Price, a provider of digital lending technology for the financial industry, and Mountain West Financial, a regional mortgage lender based in...
Mortgage Rates Edge Up Slightly But Are Forecast to Remain Stable
Following a 22-basis-point drop two weeks ago, mortgage rates started to edge back up again, with the average rate for a 30-year...
Taking the Cross-Sell from ‘Highly Improbable’ to ‘Highly Profitable’
When it comes to mortgage servicing rights (MSRs), the buy/sell decision has rarely been more complex than it is now. Low production...
Mortgage Application Volume Dipped as Rates Increased Slightly
After a significant drop the previous week, mortgage applications fell 5.6% during the week ended April 5, as the average rate for...
Arch Mortgage Insurance Now Integrated with OpenClose’s LOS
Arch Mortgage Insurance Co., a wholly owned subsidiary of Arch Capital Group Ltd., and OpenClose, a multi-channel loan origination system (LOS) and...
Applications For New Home Purchases Surged in March
Applications for mortgages for new home purchases jumped 19% in March compared with February and were up 7% compared with March 2018,...
