Mortgage Credit Jumped in January But Remains at Tightest Level Since 2014
Mortgage credit availability increased 2% in January compared with December, reaching a score of 124.6 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability...
Fannie Mae: Will ‘Newfound Optimism’ Become a Trend?
The Fannie Mae Home Purchase Sentiment Index(HPSI) increased in January to 77.7 - a 3.7 point improvement from December - with consumers reporting a significantly...
Guaranteed Rate Acquires Retail Mortgage Lender Owning Corp.
Guaranteed Rate has acquired Owning Corp., a leading direct-to-consumer mortgage platform based in California, for an undisclosed sum.
The acquisition bolsters Guaranteed Rate’s platform and...
After Dismal December, U.S. Economy Added 49,000 Jobs in January
The U.S. economy added 49,000 jobs in January and the unemployment rate dipped to 6.3%, according to data from the U.S. Bureau of Labor...
Mid America Mortgage Hires Katherine Carlsen as Underwriting Manager
Katherine Carlsen recently joined Mid America Mortgage as underwriting manager.
Carlsen has more than 30 years of mortgage industry experience. She previously worked for Wells Fargo...
LodeStar Now Integrated with Mortgage Coach’s Platform
LodeStar Software Solutions, a provider of compliant loan estimate fee insight, is now integrated with Mortgage Coach, creator of the Total Cost Analysis Borrower...
Mortgage Rates Hold Steady at Near-Record Lows
Mortgage rates were basically flat this week, with the average rate for a 30-year, fixed-rate mortgage holding at 2.73%, flat compared with last week...
CoreLogic: Home Prices Increased Nearly 10 Percent in 2020
U.S. home prices saw the largest largest annual gain in more than six years in December, fueled by lack of supply, record demand and...
Mortgage Applications Jump 8 Percent on Low Rates
Driven by low rates, mortgage application volume increased an impressive 8.1% on an adjusted basis during the week ended January 29, according to the...
What’s the Recipe For Longevity in the Mortgage Industry?
BLOG VIEW: In a crowded industry where every organization claims to have the best service, technology, products and offerings, it takes longevity to truly...
Seizing the Digital Promises of Proptech
BLOG VIEW: The New Year is upon us. It has been the north star on the horizon for long enough that companies may have...
Pending Home Sales Dipped in December, But 2021 is Forecast to Be Strong
Pending home sales dipped slightly in December compared with November but were up 21.4% compared with December 2019, according to the National Association of...
Credit Plus Promotes Greg Holmes to President and CEO
Greg Holmes is the new president and CEO of verifications solutions provider Credit Plus, Inc.
Holmes succeeds Steve D. Grant, who has moved to an...
ACES Quality Management Hires Amanda Phillips as EVP of Compliance
Amanda Phillips has joined ACES Quality Management (ACES) as executive vice president of compliance.
Phillips most recently served as of counsel with Ballard Spahr, LLP,...
LoanLogics Launches New Tool to Help Lenders With HMDA Compliance
LoanLogics has launched a new tool that helps mortgage lenders more easily analyze HMDA data for compliance with mortgage industry regulations and quickly identify...
New Home Sales Jumped in December
After falling in November, new home sales rebounded in December to a seasonally adjusted annual rate of 842,000, an increase of 1.6% compared with...
Mortgage Rates Edge Down, With No End to Inventory Issue in Sight
Mortgage rates edged down this week, with the average rate for a 30-year fixed-rate mortgage falling to 2.73%, down from 2.77% last week and...
Carlos Martinez: How the Mortgage Industry Can Better Serve the Hispanic Community
PERSON OF THE WEEK: How can the mortgage industry better serve the Hispanic community?
There’s actually several answers to this question - and in some...
Verity Global Solutions Hires Ashok Radhakrishnan as EVP and Global Chief Delivery Officer
Ashok Radhakrishnan has joined mortgage outsourcer Verity Global Solutions as executive vice president and global chief delivery officer.
Radhakrishnan has more than 30 years of...
Rocket Pro TPO Launches Directory with Every Mortgage Broker in the Country
Rocket Mortgage has launched a national mortgage broker search tool that not only includes the 43,000 individual loan officers who work with the company,...