Wednesday, October 30, 2024

Residential Mortgage

WFG National Title Hires Brandon Baker as President of Dallas-Fort Worth Division

Brandon Baker has been named president of WFG National Title Insurance Co.’s Dallas-Fort Worth division. WFG National Title is a full-service provider of title insurance...

After Rising For Three Weeks, Mortgage Rates Fall Back

After rising for three consecutive weeks, mortgage rates reversed course during the week ended May 2, with the average rate for a 30-year fixed-rate...

Pending Home Sales Rebounded in March

After dipping 1.0% in February, pending home sales reversed course in March, rising 3.8% to a score of 105.8 on the National Association of...

Mortgage Bankers Association Taps Ernie Jolly as AVP of Legislative Affairs

Ernie Jolly has joined the Mortgage Bankers Association (MBA) as associate vice president of legislative affairs. Jolly joins the MBA from Capitol Hill, where he...

Opposing Forces Keeping Rate of Application Defects in Check

After rising for the previous nine months, the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications was flat...

Branch Managers Are Happier With Better Reporting Tools

BLOG VIEW: Nothing cripples a financial institution’s profitability like a dissatisfied branch manager. Branch managers are ultimately the source of market share, both in terms...

OpenClose Hires Tom Buenz as VP of Enterprise Sales

Tom Buenz recently joined mortgage technology firm OpenCose as vice president, enterprise sales. Buenz is a results-generating sales professional who has more than 20 years...

Mortgage Applications Fell for a Fourth Week Despite Drop in Rates

Mortgage application volume decreased for fourth consecutive week, falling 4.3% despite a drop in the average rate for a 30-year fixed rate mortgage to...

Guild Mortgage Rolls Out Homebuyer Protection Program

Guild Mortgage has introduced a new Homebuyer Protection program designed to give customers added protection and peace of mind during the mortgage process. The program combines...

Case-Shiller: Home Price Growth Continued to Slow in February

U.S. home prices increased 0.3% on an adjusted basis in February compared with January and were up 4.0% compared with February 2018, according to...

Moore Lending Group Joins Forces with Sierra Pacific Mortgage

Sierra Pacific Mortgage recently announced that the Moore Lending Group has joined the company. The Moore Lending Group is comprised of seven branches across Florida...

Frederick Townes: Lenders Must Do More to Build Brand Loyalty

PERSON OF THE WEEK: How important is it for mortgage lenders to invest in mortgage technology, considering that the mortgage process, in a high...

Liberty Title Using SafeChain to Protect Against Wire Fraud

Liberty Title, the fourth largest independent title company in Michigan, has selected SafeChain’s SafeWire solution to protect against wire fraud. The title agency is partnering...

Mortgage QA/QC Tools: Helping Lenders Understand the Borrower’s ‘Story’

Every great story, fiction or non-fiction, has five key elements: characters, setting, plot, conflict, and resolution. Whether one is reading Snow White and the...

Mortgage Rates Continue to Rise

Mortgage rates increased for a fourth straight week, with the average rate for a 30-year fixed-rate mortgage climbing to 4.20%, up from 4.17%, according...

CertifID Now Offering $1 Million Guarantee to All Wire Transfers For a Single Fee

CertifID, a real-time identity verification platform for real estate, is now protecting all wire transfers that are initiated by a buyer in connection with...

A New Lender, Novus Home Mortgage, is Launched

Mortgage industry veteran Eric Egenhoefer has joined Panorama Mortgage Group as a co-managing partner and has launched a new brand of the company, Novus...

Linda Aparo: Missing, Defective Lien Releases are an ‘Epidemic’

PERSON OF THE WEEK: Lien release has always been a problematic area for mortgage lenders and title companies. With alarming frequency, lien releases are...

Mortgage Applications Fell For a Third Consecutive Week

Mortgage applications fell for a third straight week, dropping 7.3%, however most of the decrease was due to rising mortgage rates, which pushed down...

Maxwell’s POS Now Integrated with Ellie Mae’s Encompass

Maxwell’s mortgage point-of-sale software is now integrated with - and available through - Ellie Mae’s Encompass loan origination platform. The seamless bi-directional integration allows lenders...