Thursday, October 31, 2024

Residential Mortgage

Case-Shiller: Home Price Appreciation Continued to Slow in December

Home prices continued to rise in December but at a much slower pace than in previous months. On an adjusted basis, home prices increased 0.3%...

Guild Mortgage Opens Two New Offices in Wisconsin

Guild Mortgage continues to expand in the Midwest with the addition of two offices in Wisconsin. The company reports that it has opened a branch in Madison and...

Jump in Contract Signings Bodes Well For Spring Home Buying Season

Will the sun, moon and stars align for a stellar spring home buying season? Will mortgage rates remain stable - or perhaps further decrease -...

FHFA Q4 HPI Report Shows Home Price Appreciation Slowing

U.S. home prices increased 1.1% in the fourth quarter compared with the third quarter and were up 5.7% from the fourth quarter of 2017, according to...

Mortgage Applications Increase For Second Consecutive Week

Mortgage application volume jumped 5.3% on an adjusted basis during the week ended Feb. 22 as the average rate for a 30-year fixed-rate mortgage...

Conditions (Mostly) Right For Strong Spring Home Buying Season

Should mortgage rates and home prices continue to moderate, and household incomes continue to rise, it is likely we will see a strong spring...

Housing Starts Tumbled 11.2% in December

Housing starts fell 11.2% in December compared with November to an adjusted annual rate of 1.078 million, according to the U.S. Census Bureau and U.S....

TRK Connection’s QC Audit Platform Connected with Ellie Mae’s Encompass

TRK Connection’s (TRK) QC audit platform, Insight Risk & Defect Management (RDM), is now available via Ellie Mae’s Encompass loan origination system. Mortgage lenders can...

Churchill Mortgage Launches Pacific Northwest Expansion

Kevin J. Hanna has joined Churchill Mortgage as executive vice president and will lead the company’s Pacific Northwest expansion. In addition, Travis Olson has joined...

Wipro Teams With ComplianceEase to Offer Per-Closed-Loan Pricing

ComplianceEase, a provider of automated compliance solutions to the financial services industry, has expanded its partnership with Wipro Gallagher Solutions (WGS), a Wipro Limited...

Castle & Cooke Mortgage Opens Third Location in Mississippi

Castle & Cooke Mortgage has opened a new office in Batesville, Miss., that will be led by Katy White, branch manager. The new branch is...

Continuity Programs’ Mortgage CRM Now Integrated with OpenClose LOS

OpenClose, a multi-channel loan origination system (LOS) and digital mortgage fintech provider, is now integrated with Continuity Programs Inc.’s MyCRMDashboard.com customer relationship management (CRM)...

Existing-Home Sales Dipped in January, Despite Lower Mortgage Rates

Despite falling mortgage rates, existing-home sales dipped 1.2% in January relative to December to a seasonally adjusted annual rate of 4.94 million, according to...

Mortgage Rates Continue to Fall

Mortgage rates dipped again this week, with the average rate for a 30-year fixed-rate mortgage falling to 4.35%, down from 4.37%, according to Freddie...

Refinance Share Jumped in January as Mortgage Rates Moderated

The refinance share of mortgage originations increased to 35% in January, up from 29% in December to reach the highest level in nearly a...

CA Hires Mike Jones as CFO

Mike Jones has joined Consolidated Analytics, a provider of property valuation, asset management, due diligence, fulfillment and advisory services, as chief financial officer. Jones has...

Mortgage Application Volume Jumped 3.6%

Mortgage application volume increased 3.6% on an adjusted basis during the week ended Feb. 15, as fixed mortgage rates remained near their 10-month low,...

Edina Realty Title Now Using Vodii’s TxM GlobalSign Solution

Edina Realty Title, a Berkshire Hathaway Company, is now using Vodii's TxM GlobalSign solution, which allows real estate closing documentation to be digitally signed...

HomeStreet Bank Seeks to (Mostly) Exit the Mortgage Business

Citing that “it is still unclear when, and to what extent, industry conditions will improve," as well as an overly burdensome regulatory environment, HomeStreet...

LenderClose Hires Software Engineers, Relationship Manager

Russ Panula and Radha Talluri have joined mortgage software firm LenderClose as software engineers while Sam Faust has joined the company as relationship manager. Panula...