Business Intelligence and Mortgage CRM Provider Aidium Launches 24/7 Customer Support
Aidium, which offers a business intelligence and mortgage CRM platform, has launched its 24/7 customer support service, ensuring mortgage professionals have access to real-time...
Consumer Sentiment Toward Housing Market Crawled Up Slightly in June
Consumer sentiment toward the housing market improved slightly in June but remained historically low as higher mortgage rates and soaring home prices continued to...
Candor Technology Hires Eric Rawlings as CTO
Eric Rawlings has joined Candor Technology, a provider of AI-driven loan underwriting and quality control solutions for mortgage lenders, as chief technology officer.
Rawlings has...
ATTOM: Homeownership Became Less Affordable in Q2
Major homeownership expenses - including mortgage payments, property taxes and insurance - now consume about 35% of the average wage nationwide, according to ATTOM’s...
Fannie Mae Transfers Risk on $8.2 Billion of Single-Family Loans
Fannie Mae recently executed its fifth credit insurance risk transfer transaction of 2024 on $8.2 billion of single-family loans.
The Credit Insurance Risk Transfer (CIRT)...
Alex Rayner Partners with Service First Mortgage to Launch Haymaker Home Loans
Alex Rayner, a top-producing loan officer, has announced a strategic partnership with Service First Mortgage to create Haymaker Home Loans, a next-generation mortgage company...
U.S. Job Market Cooled in June
About 206,000 jobs were added to the U.S. economy in June but it wasn’t enough to keep the unemployment rate from rising to 4.1%,...
MCT: Mortgage Lock Volume Dropped Nearly 8 Percent in June
Mortgage lock volume decreased 7.84% in June compared with May, according to Mortgage Capital Trading, Inc.
The decline follows a brief uptick in volume at...
Mortgage Rates Back Up
Mortgage rates went back on the rise this week, with the average rate for a 30-year fixed-rate mortgage increasing to 6.95%, up from 6.86%...
Mortgage Applications Fell Last Week as Rates Went Back on the Rise
Mortgage application volume decreased 2.6% during the week ended June 28, as the average rate for a 30-year, fixed-rate mortgage increased to 7.03%, up...
Union Home Mortgage’s DPA Program Hits $1 Million Milestone
Union Home Mortgage (UHM), an independent mortgage banking company, reports that it has provided more than $1 million of support to low-to-moderate income first-time...
FHFA, CFPB Update Loan Level Data For Public Use
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have published updated loan-level data for public use collected through the...
Housing Policy Council Taps Michael Drayne as SVP of Capital Markets
Michael R. Drayne has joined the Housing Policy Council (HPC), a trade association comprised of the leading national mortgage lenders and servicers; mortgage, hazard,...
Waterstone Mortgage Names Jim Harper Vice President, Accounting and Finance
Jim Harper has joined Waterstone Mortgage as vice president, accounting and finance.
Harper has more than 25 years of experience in the financial services industry,...
CoreLogic: Home Prices Continued to Rise in May But Rate of Appreciation Slowed
U.S. home prices increased 0.6% in May compared with April and were up 4.9% compared with May 2023, according to CoreLogic’s home price index.
It...
Down Payment Resource Expands its Team with Three New Hires
Down Payment Resource is expanding its team to keep pace with a rising number of DPA programs and increasing demand.
To that end, Veronica Chapa has...
Homebuyer Affordability Improved Slightly in May
Homebuyer affordability improved in May, with the national median payment applied for by purchase applicants decreasing to $2,219, down from $2,256 in April, according...
GridBase Launches New Website
GridBase, which offers integration solutions for lenders and title companies, has rolled out a new website that showcases the firm’s capabilities in data middleware,...
MCT Adds New Integrations with Fannie Mae Mission Score API
Mortgage Capital Trading (MCT) has launched new integrations with Fannie Mae's Mission Score application programming interface (API) and Mission Score 2 and 3 product...
Illuminating the Pathway to Profitability with Business Intelligence
BLOG VIEW: As lenders continue to sell off production and look to reduce expenses, today's market demands a shift from an opportunity-focused environment to...