Friday Harbor Now Integrated With Encompass
Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, is now integrated with the Encompass...
Mortgage Rates Fall, Expanding Affordability
Mortgage rates fell this week, with the average rate for a 30-year dropping to 6.50%, down from 6.56% last week, according to Freddie Mac’s...
Click n’ Close Launches New Product to Help Builders Address Affordability Concerns
Click n' Close, a multi-state mortgage lender, has launched a 5/1 ARM Down Payment Assistance (DPA) product designed specifically to help home builders address...
PennyMac Correspondent Group Expands Non-QM Offerings
The PennyMac Correspondent Group is launching a new suite of non-qualified mortgage (non-QM) products on September 22.
These products will expand access to flexible financing...
Planet Home Lending Expands to Tennessee
National mortgage lender, servicer and asset manager Planet Home Lending is now operating in the state of Tennessee and welcomes Mortgage Loan Officer Corbin...
Mortgage Applications Fell Last Week Despite Dip in Rates
Mortgage application volume decreased 1.2% during the week ended August 29, as the average rate for a 30-year fixed-rate mortgage decreased to 6.64%, down...
Case-Shiller: Home Prices Nationally Continued to Decrease in June
U.S. home prices decreased -0.3% on an adjusted basis in June compared with May but were up 1.9% compared with June 2024, according to...
Decelerating Home Price Growth is Helping Boost Affordability, Giving Buyers an Edge
A deceleration in home price growth combined with rising incomes gave home affordability a boost in June - and it may only be the...
MBA: Homebuyer Affordability Improved in July
Homebuyer affordability improved in July, as the national median mortgage payment applied for by purchase applicants decreased to $2,127, down from $2,172 in June,...
Land Gorilla Taps Ben Sizemore as CIO
Ben Sizemore has joined Land Gorilla, a provider of construction loan management software and services, as chief information officer.
The technology veteran will spearhead the...
Pending Home Sales Dipped in July as Buyers Remain Cautious
Pending home sales decreased 0.4% in July compared with June but were up 0.7% compared with July 2024, according to the National Association of...
Mortgage Rates Edged Back Down This Week as Markets Anticipate Fed Rate Cut
Mortgage rates edged back down this week, with the average rate for a 30-year, fixed-rate mortgage falling to 6.56%, down from 6.58% last week,...
Cloudvirga Adds Admin Portal to Tropos Platform, Giving Lenders Greater Control
Cloudvirga, a Stewart-owned provider of digital point-of-sale platforms for lenders, has added an admin portal for its Tropos borrower platform, giving lenders greater control...
nCino Introduces AI-Powered Mortgage Document Processing Solution
nCino has introduced Doc Validation, an AI-powered tool that tackles one of the biggest pain points in mortgage origination: document processing.
The typical bank, credit...
Mortgage Applications Fell Slightly Last Week as Rates Inched Back Up
Mortgage application volume fell during the week ended August 22, dropping 0.5% compared with the previous week, according to the Mortgage Bankers Association’s (MBA)...
New Home Sales Drooped in July as Impact of Builder Incentives May be Diminishing
New home sales in July were at a seasonally-adjusted annual rate of 652,000, down 0.6% compared with June and down 8.2% compared with July...
How Smaller FIs Are Leveraging Technology to Compete With Mortgage Giants
Whether it’s the independent local bookstore against the big-box corporate chain that just moved in down the block or a community bank competing with...
Logan Finance Taps Paul Dobynes as Western Managing Director of Sales
Paul Dobynes has been appointed western managing director of sales at non-QM mortgage lender Logan Finance Corporation.
Dobynes has more than 25 years of mortgage...
Choice Mortgage Group Expands, Hits Key Milestones in 2025
Mortgage lender Choice Mortgage Group reports that it has hit numerous milestones so far this year, including the expansion of its leadership team and...
Sagent Hires Two New Execs to Grow Dara Mortgage Servicing Platform
Art Calhoun has joined Sagent, a provider of mortgage servicing technology solutions, as vice president of strategic partnerships.
In addition, Kim Warnica has joined the...