CoreLogic: U.S. Homeowners Continued to Gain Equity in Q2, Despite COVID-19 Crisis
Due mainly to rising home prices - and in spite of the COVID-19 crisis - U.S. homeowners collectively gained more than $620 billion in...
FormFree Hires Tyler Brantley as Director of Implementation
FormFree, a provider of automated employment, income and asset verification solutions to the mortgage industry, has hired SaaS sales executive Tyler Brantley as director of...
Carissa Robb: Complexity of Borrower Relief Options is Set to Increase
PERSON OF THE WEEK: Millions of borrowers in the U.S. have received COVID-19 related payment extensions, deferrals or forbearances. Back offices are overwhelmed by...
ESR Group: Real GDP Will Contract, But Housing Is a Bright Spot
Fannie Mae’s Economic and Strategic Research (ESR) Group has forecast 2020 real GDP to contract by 2.6 percent, which is revised from a previous...
Black Knight Completes Optimal Blue Acquisition
Black Knight Inc. has wrapped up its acquisition of Optimal Blue, a provider of secondary market solutions and actionable data services.
In connection with the...
Angel Oak Home Loans Announces West Coast Expansion
Angel Oak Home Loans, a full-service retail mortgage lender with a focus on non-QM loans, reports that it will soon be opening new branches...
Average Rate for 30-Year Mortgage Hits Another All-Time Low
The average rate for a 30-year fixed-rate mortgage hit another all-time low this week, falling to 2.86%, down from 2.93% last week and down...
Preparing for Good Customer Experience in Demanding Times
These are interesting times for the mortgage industry. Unprecedented revenue gains from wind-aided refinances have been a boon to the bottom lines of many...
First American Hires Jon Wierks as Vice President of Data and Analytics
Jon Wierks is the new vice president of the data and analytics division of First American Financial Corp., a provider of title insurance, settlement...
SimpleNexus Selects Cathleen Schreiner Gates as President
Cathleen Schreiner Gates is the new president of SimpleNexus, which offers a digital mortgage platform for loan officers, borrowers, real estate agents and settlement...
FormFree Promotes Cindy Snow to COO
Cindy Snow has been promoted to chief operating officer (COO) at FormFree, a provider of verification solutions to the mortgage industry.
Snow joined FormFree as...
Origination Volume Quickly Bounced Back from COVID
The COVID-19 crisis ravaged a majority of U.S. industries during the second quarter, resulting in a peak unemployment rate of nearly 14% in April,...
Fannie Mae HPSI Finds Consumers Are Still Bullish on Housing
Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 3.3 points in August to 77.5, recovering after falling slightly in July and continuing the rebound...
Verity Global Solutions Taps Chetan Patel as COO
Veteran mortgage leader Chetan Patel has joined Verity Global Solutions, an outsourced solutions provider specializing in the mortgage industry, as chief operating officer.
Patel has...
CoreLogic Hires Pat Dodd as Chief Operating and Growth Officer
Patrick (Pat) Dodd, a prominent growth-oriented leader in big data and analytics, has joined CoreLogic in the newly created position of chief operating and...
Mortgage Rates Edged Up But Remain Near All-Time Lows
Mortgage rates edged up slightly this week, as the average rate for a 30-year fixed-rate mortgage increased to 2.93%, up from 2.91% last week,...
Mid America Mortgage Taps Julas Hollie as Correspondent Division Sales Director
Julas Hollie recently joined Mid America Mortgage as sales director for the company’s correspondent lending division.
Hollie has more than 20 years of mortgage industry...
Mr. Cooper Adding 2,000 Team Members to Mortgage Operations
Mortgage lender and servicer Mr. Cooper says it plans to hire an additional 2,000 mortgage professionals and support staff through the remainder of 2020.
The...
CoreLogic: Housing Economy is Solid Despite ‘Shock and Awe’ of COVID-19
U.S. home prices increased 1.2% in July compared with June and were up 5.5% compared with July 2019, according to CoreLogic’s Home Price Index...
How Mortgage Servicers Can Ensure Compliance Amid the Pandemic
BLOG VIEW: The mortgage market has been significantly affected by the COVID-19 pandemic. With severe job losses and layoffs, many homeowners are struggling to...