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...
Mortgage Applications Fell as Mini Refinance Boom Lost Some Steam
Mortgage application volume fell 6.2% on an adjusted basis during the week ended August 23, with most of the decrease coming from an 8%...
Case-Shiller: Home Price Appreciation at Slowest Pace Since 2009
Home price appreciation continued to slow in June, according to the S&P CoreLogic Case-Shiller home price index.
On an adjusted basis, U.S. home prices increased...
Fitch: Low Mortgage Rates Won’t Meaningfully Boost Home Sales
Unlike previous housing cycles, lower mortgage rates are not expected to meaningfully boost home sales, nor will they significantly boost new home construction, Fitch...
Brian Augenstein: Ease of Software Development Will Drive Technological Change in Mortgage
PERSON OF THE WEEK: In the mortgage industry, there has been a strong focus on how technology is improving the origination process, with many...
LoanScorecard Powering Angel Oak’s New QuickQual Tool for Non-QM Loans
LoanScorecard is powering Angel Oak’s new QuickQual loan tool, which aims to significantly enhance the ease and speed at which loan officers (LOs) can...
New Home Sales Fell in July But Were Up Year-Over-Year
New home sales were at a seasonally adjusted annual rate of 635,000 in July, down 12.8% compared with an strongly upwardly revised June rate...
Mid America Mortgage Promotes Michael Cooksey to Executive Managing Director of Production
Michael Cooksey has been promoted to executive managing director of production at Mid America Mortgage.
Cooksey is founder of Mid America’s most successful branch, The...
July Refinance Share Jumped on Falling Mortgage Rates
Falling mortgage rates boosted the refinance share of mortgage origination volume to 38% in July, up significantly from 31% in June, according to Ellie...
Mortgage Rates Lowest Since November 2016
Mortgage rates continued to drop this week, as the average rate for a 30-year, fixed-rate mortgage fell to 3.55%, the lowest since November 2016,...
Low Mortgage Rates Gave Existing-Home Sales a Boost in July
Existing-home sales increased 2.5% in July compared with June, reaching a seasonally adjusted annual rate of 5.42 million, according to the National Association of...
Mortgage Applications Dip as Lower Rates Fail to Stimulate Purchases
After increasing the previous two weeks, mortgage application volume dipped 0.9% on an adjusted basis during the week ended Aug. 16, according to the...
DocMagic Now Integrated with INTEGRA’s EPIC LOS
DocMagic, a provider of loan document preparation services, reports that its platform is now integrated with INTEGRA Software Systems’ loan origination system (LOS), EPIC.
The...
Mortgage Cadence, CoreLogic Team to Lower the Cost to Originate
Mortgage Cadence, an Accenture company, has integrated CoreLogic’s Print and Ship secure document delivery solution with the latest version of Mortgage Cadence Enterprise Lending...
HUD Seeks to Amend Interpretation of Fair Housing Act’s Disparate Impact Rule
The U.S. Department of Housing and Urban Development (HUD) is seeking feedback on a proposed rule to amend the HUD interpretation of the Fair...
Calyx’s Zip POS Offers Path to FormFree’s AccountChek
Calyx Software’s recently updated Zip mortgage point-of-sale (POS) solution is now integrated with AccountChek by FormFree.
AccountChek is an automated asset verification platform that accelerates...
Jeff Weinstock: MISMO Standards Pave the Way for Interoperability
PERSON OF THE WEEK: To improve communication between software vendors in the loan origination process, the Mortgage Industry Standards Maintenance Organization (MISMO) began establishing...
Fannie Mae: Low Rates Will Boost Refinance Volume in 2019
While consumer demand for housing remains strong, limited inventory, particularly on the affordable end, continues to hold back the single-family purchase market, according to...
Mortgage Rates Hold at Near-Historic Lows
Mortgage rates continued to hold at near-historic lows this week, as the average rate for a 30-year fixed-rate mortgage remained flat compared with the previous...
Optimal Blue Now Integrated with Ellie Mae’s Encompass LO Connect
Optimal Blue's product and pricing engine is now integrated with Ellie Mae’s Encompass LO Connect, the mobile version of Encompass for LOs on the...