Mortgage Bankers Saw Q4 Profits Sink into the Red
Mortgage bankers saw an average net loss of $200 on each loan they originated in the fourth quarter, down from a reported gain of...
Home Price Appreciation Continued to Slow in January
U.S. home prices continued to rise as a whole in January, but at a slower pace than seen earlier in 2018, the S&P CoreLogic...
Closepin Lets Lenders Search For E-Closing-Enabled Title Agents
Closepin, a cloud-based, automated closing agent compliance validation platform for a lender’s closing agent network, has added a new tool that enables mortgage lenders...
Mortgage Bankers Association to Invest $2 Million in MISMO
The Mortgage Bankers Association (MBA) is investing $2 million in MISMO, the Mortgage Industry's Standards Organization, to support a range of new initiatives, including development...
LendingTree Now Using Lender Price PPE
Lender Price has integrated its product pricing and eligibility (PPE) engine with LendingTree, a marketing and lead generation platform that connects borrowers with lenders.
The...
Global DMS’ SnapVal Delivers Instant Appraisal Price Based on Address
Global DMS, which offers valuation management software, has rolled out of SnapVal, an automated solution that utilizes the property address to return a guaranteed...
OpenClose Adds POS to its LOS
Mortgage technology provider OpenClose is adding a point-of-sale (POS) solution to its multichannel loan origination system (LOS) and product, pricing and eligibility engine. The new...
Simplifile Blankets Maryland with Addition of St. Mary’s County
St. Mary’s County, Md., is now using Simplifile’s e-recording platform, which enables recording offices to electronically receive, stamp, record and return documents while settlement...
Waterstone Mortgage Promotes Heidi Roberts to VP of Information Services
Heidi Roberts has been promoted to vice president of information services at Waterstone Mortgage.
Roberts has more than 18 years of experience in the mortgage...
Recent Drop in Rates Bodes Well For Spring Home Sales
With mortgage rates at new lows for the year, home prices stabilizing, unemployment falling and wages on the rise, things are looking rosy for...
Mortgage Rates Move Lower as Spring Home Buying Season Approaches
Mortgage rates moved lower the same week the Fed announced that it would not be raising the fed funds rate anytime soon.
The average rate...
Credit Plus Hires Jane House as VP of Data Solutions
Jane House has joined Credit Plus, a provider of data and verifications for all stages of the mortgage lending process, as vice president of...
Patient Fed Signals No Rate Hike Coming Soon
Citing that economic growth slowed in the fourth quarter, the Federal Open Market Committee (FOMC) voted in January to maintain the federal funds rate...
Point Raises $122 Million in Funding
Point, which enables homeowners to tap into some of their home equity using a model similar to a reverse mortgage, reports that it has...
Churchill Mortgage Launching Title Company with American Home Title
Churchill Mortgage is partnering with American Home Title to found Churchill Title Solutions, a title company intended to streamline the origination process and create...
Mortgage Applications Increased 1.6% as Rates Fell for a Second Week
Mortgage application volume increased 1.6% on an adjusted basis during the week ended March 15, as the average rate for a 30-year- fixed-rate mortgage...
Refinance Share Edged Back Down in February as Mortgage Rates Stabilized
The refinance share edged back down to 34% of all loans in February, down from 35% in January and down from 43% in February...
ComplianceEase Hires One, Promotes Another on its Executive Team
Sheila Meagher has joined ComplianceEase, a provider of automated compliance solutions, as senior vice president of sales and client success.
In addition, Dan Smith -...
RMF’s Equity Elite Product Now Available Via ReverseVision’s RVX
Reverse Mortgage Funding’s proprietary product, Equity Elite, is now available in ReverseVision’s flagship loan origination system, ReverseVision Exchange (RVX).
Launched in summer 2018, Equity Elite...
Closepin Adds New Feature to Help Mortgage Lenders Combat Wire Fraud
Closepin has enhanced its wire instructions verification tool with an additional feature to assist mortgage lenders in their effort to reduce the risk of...