A&D Mortgage Launches New Loyalty Program for its Broker Partners
Non-QM lender A&D Mortgage has launched a new loyalty program designed to recognize and appreciate the dedication and commitment of its broker partners.
The firm’s...
Refinance Volume Jumped 15 Percent Last Week as Mortgage Rates Fell
Total mortgage application volume increased 3.9% during the week ended July 12, driven by a significant drop in mortgage rates that resulted in a...
Overall, Borrower Activity Has Been Consistent in 2024
Borrowers generated 58,057 pre-approval letters through LenderLogix's QuickQual pre-approval platform in the second quarter, an 8% increase compared with the first quarter, according to...
Listings Are Piling Up in Certain Areas, Resulting in Price Cuts
Home buyers continue to wait on the sidelines until mortgage rates decrease. As a result, listings are accumulating in some areas, resulting in price...
Motto Mortgage Opens New Franchise Location in New Hampshire
Motto Mortgage has opened a new office in Nashua, N.H., serving all markets throughout the state.
Motto Mortgage Sail Home is now open, marking the...
U.S. Home Appraisals Were Higher Than Sale Prices 51 Percent of the Time in...
U.S. home appraisals were higher than sale prices 51% of the time in the first half of 2024 - and the gap between appraisals...
Refi Volumes, Despite Being Dismally Low, Show Some ‘Notable Shifts’
Although refi volumes remain at a fraction of historical levels, there have been some notable shifts in who is taking out refis in today’s...
Patrick Holland of Embrace Home Loans Surpasses $1B in Career Loan Originations
Embrace Home Loans reports that loan officer Patrick Holland surpassed $1 billion in career loan originations earlier this month.
Holland, who has been with Embrace...
Section 184 Loans for Native Americans Introduced by Carrington Mortgage Services
Carrington Mortgage Services is introducing Section 184 Loans for Native Americans for its retail lending customers.
“The Section 184 Loan is a great product, in...
Mortgage Rates Fall for a Second Week, But Will Potential Buyers React?
Mortgage rates decreased for a second week as the average rate for a 30-year fixed-rate mortgage dipped to 6.89%, down from 6.95% last week...
Point Mortgage Expands Into Wisconsin
Point Mortgage, a full-service mortgage lender offering expertise from purchases to refinances, from conventional to FHA, USDA, and VA loans, is expanding its footprint...
Mortgage Credit Availability Increased in June for a Sixth Consecutive Month
Mortgage credit availability increased in June, rising 1% to a score of 95.0 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
A...
nCino’s Mortgage Suite Now Integrated With Talk’uments
Talk’uments, a digital language and limited English proficiency (LEP) technology provider, is now integrated with nCino’s Mortgage Suite, an end-to-end digital mortgage solution, thus...
Purchase Lock Volume Fell Again in June
Mortgage purchase locks fell 1% month-over-month and 8% year-over-year in June, according to Optimal Blue.
That’s following a 4% year-over-year drop in purchase locks in...
Applications Decreased Last Week as 30-Year Continues to Hover Around 7 Percent
Mortgage application volume dipped 0.2% during the week ended July 5, as the average rate for a 30-year, fixed-rate mortgage decreased slightly to 7%,...
Chevron FCU Improves Borrower Experience with Blue Sage Digital Lending Platform
Chevron Federal Credit Union is now using the Blue Sage Digital Lending Platform to deliver a better borrower experience.
With Blue Sage’s LOS and LION...
First American: Affordability Crunch Likely to Last Through 2024
The affordability crunch plaguing home buyers is likely to persist through the end of 2024, First American says in its latest Real House Price...
ICE: 24 Percent of Homeowners with a Mortgage Now Have a Rate Above 5...
While a majority of U.S. homeowners with mortgages continue to be locked into rates below 5%, the share with rates above 5% is growing...
Guaranteed Rate Rebrands to Just ‘Rate’ as it Expands Products and Services
Guaranteed Rate is undergoing a major rebranding to reflect the company's commitment to innovation in the fintech and mortgage industries.
The company is dropping the...
Informative Research Taps Brandon Hall as EVP of Operations
Brandon Hall has joined Informative Research, a provider of data-driven solutions to the lending community, as executive vice president (EVP) of operations.
Hall has more than...