Insellerate Hires Tami Von Tour as Director of Enterprise Sales
Tami Von Tour has joined Insellerate, a provider of sales software for the mortgage industry, as director of enterprise sales.
Von Tour has more than...
Rising Refinance Share Pushed Down Mortgage Application Fraud Risk in Q2
Lower mortgage interest rates and rising refinance share led to an 11.4% annual decrease in the risk of fraud in mortgage applications in the...
More Jurisdictions Join Simplifile’s E-Recording Network
Thirty-one more counties recently started using Simplifile’s e-recording software - bringing the total number of jurisdictions using the firm’s network to 1,979.
Most of the...
Mid America Mortgage Selects ReverseVision For Roll Out of HECM Program
Mid America Mortgage is using ReverseVision’s reverse mortgage origination platform for the roll out of its HECM and private reverse mortgage products.
Instead of developing...
Mortgage Application Volume Jumped 2% Labor Day Week
Mortgage application volume increased 2.0% on an adjusted basis during the week ended September 6, which included the Labor Day holiday.
Applications for refinances increased...
Digital Mortgage Marketplace Simplist Has Launched
A new digital mortgage marketplace has launched.
Simplist is a new platform that delivers mortgage options as unique as today’s workforce.
The company is now serving...
Three Executive Hires at Total Expert
Steve Sovik has joined Total Expert, a provider of marketing and sales software for the mortgage and banking industries, as chief revenue officer.
In addition,...
Treasury, HUD Release Housing Finance Reform Plans
The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) have presented President Donald Trump with their respective plans...
Mortgage Rates Dropped Again on Weaker Economic Data
After staying more or less flat for the previous two weeks, mortgage rates were back on the decline this week, with the average rate...
How Mortgage Lenders Can Remain Successful During Mergers and Acquisitions
BLOG VIEW: As competition heats up in the mortgage industry, there has been extensive consolidation in the form of mergers and acquisitions (M&A).
M&As create...
Applications For Mortgage Refinances Fell 7% Despite Lower Rates
Despite lower mortgage rates, total mortgage application volume fell 3.1% on an adjusted basis during the week ended Aug. 30, according to the Mortgage...
CoreLogic: Lack of Supply Will Cause Home Price Appreciation to Re-Accelerate
The pace of home price appreciation continued to slow in July - however, it is forecast to pick up some steam over the next...
Mortgage Lenders Saw Average Profit Per Loan Rise in the Second Quarter
Mortgage lenders reported a net gain of $1,675 on each loan they originated in the second quarter, up from $285 per loan in the...
Pending Home Sales Fell in July Despite Lower Mortgage Rates
Pending home sales fell 2.5% in July compared with June, to a score of 105.6 on the National Association of Realtors (NAR) Pending Home...
Refinance Boom Results in Dip in Mortgage Application Defect Rate
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage applications decreased by 5.0% in July compared with June but was...
Mortgage Rates Held Steady
Mortgage rates stayed more or less flat this week, with the average rate for a 30-year fixed-rate mortgage at 3.58%, up slightly from 3.55%...
Freddie Mac: Housing Market Should Improve Heading into the Fall
Mortgage originations will reach $2 trillion in 2019 driven by a surge of homeowners refinancing into a lower mortgage rate along with strong homebuyer demand,...
LenderClose Announces Two More Hires
Jesse Scott has joined fintech startup LenderClose as relationship manager.
In addition, Connor Sorge has joined the firm as sales representative.
Both will work in the...
Waterstone Mortgage Picks Andy Peach as President and CEO
Andy Peach is the new president and CEO of Waterstone Mortgage.
Peach has more than 30 years of experience in the mortgage lending industry, including...
Mortgage Network Hires Jeffrey Gable as LO for York, Pa., Branch
Jeffrey Gable recently joined Mortgage Network as a loan officer in the company’s York, Pa., branch.
Gable is a mortgage industry veteran with more than...