Pending Home Sales Decreased Slightly in June
Pending home sales decreased 0.8% in June compared with May and were down 2.8% compared with June 2024, according to the National Association of...
Mortgage Applications Fell 3.8 Percent Last Week as Uncertainty Keeps Buyers on Sidelines
Mortgage application volume decreased 3.8% during the week ended July 25, as the average rate for a 30-year dipped to 6.83%, down from 6.84%...
First American Adds Generative AI Tool to AgentNet Platform
First American Title has launched its AgentNet Assist Generative AI tool, which enhances productivity for title agents.
The addition of this tool means industry-leading underwriting...
Senate Banking Committee Unanimously Passes the ROAD to Housing Act
The Senate Banking Committee today unanimously passed the Renewing Opportunity in the American Dream (ROAD) to Housing Act of 2025, which aims to increase...
Embrace Home Loans Promotes Brian Woltman to Senior Vice President
Brian Woltman has been promoted to senior vice president at Embrace Home Loans, a top-ranked national mortgage lender.
In addition, Woltman has been inducted into...
Finastra Now Integrated With Halcyon
Mortgage software provider Finastra is now integrated with Halcyon, thus enabling seamless digital management of IRS Form 8821 authorizations within Finastra’s Mortgagebot solution.
The integration provides...
HELOC/Home Equity Loan Volume Increased 7.2 Percent in 2024
Total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans increased about 7.2% in 2024 compared with 2023, according...
Friday Harbor Taps Chris Simms, Gregory Buehler for Their ‘Deep Domain Knowledge’
Chris Simms has joined Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, as head...
Jon Dovidio: Title Fraud is on the Rise and AI is Playing a Role
PERSON OF THE WEEK: Although by no means a silver bullet, new legislation recently signed by Tennessee Gov. Bill Lee marks another step forward...
New Home Sales Rebounded in June But Indicate Market Weakness
After dropping nearly 14% in May, new home sales eked out an increase in June, rising 0.6% month-over-month to a seasonally-adjusted annual rate of...
Mortgage Rates Basically Flat This Week
Mortgage rates barely budged this week, with the average rate for a 30-year dipping slightly to 6.74%, down from 6.75% last week, according to...
Putting ‘Quasi’ Back in the GSEs
BLOG VIEW: The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) have jointly issued new guidelines on releasing Fannie Mae and Freddie...
Existing-Home Sales Decreased 2.7 Percent in June
Existing-home sales in June were at a seasonally adjusted annual rate of 3.93 million, a decrease of 2.7% compared with May and flat compared...
Mortgage Applications Up Slightly Last Week Despite Rising Rates
Mortgage application volume inched up 0.8% during the week ended July 18, despite a slight increase in rates, according to the Mortgage Bankers Association’s...
Zillow: Inventory of Homes for Sale at Highest Level Since 2019
The number of homes available for sale in the U.S. surged to 1.36 million in June, the most since November 2019, according to Zillow.
Thats...
BlackFin Launches New Program Giving Lenders Instant Access to Mortgage Experts For Less
Mortgage consultancy BlackFin has launched a new program that gives mortgage lenders instant access to advisors without the hefty consulting price tag.
The firm’s new...
Atlas VMS Taps Mick Tindall as CTO and President, Platform Solutions
Mick Tindall has joined valuation management company Atlas VMS as chief technology officer and president, platform solutions.
The announcement comes just weeks after the company...
Logan Finance Promotes Dave Weatherford to EVP of TPO Production
Dave Weatherford has been promoted to executive vice president of TPO production at non-QM lender Logan Finance Corp.
The promotion follows Logan Finance’s launch of...
Planet Home Lending’s Correspondent Sellers Can Gain Efficiency Boost With E-Notes
Planet Home Lending reports that it is boosting speed and efficiency for its correspondent sellers through its acceptance of e-notes.
Planet accepts electronic promissory notes...
Housing Starts Increased in June Driven by Multifamily Construction
Housing starts in June were at a seasonally adjusted annual rate of 1.321 million, an increase of 4.6% compared with May but down 0.5%...