Mortgage Coach’s TCA Now Integrated with SimpleNexus
Mortgage Coach’s Total Cost Analysis (TCA) loan comparison tool has been added to the SimpleNexus Mobile Originator App by way of an integration agreement...
Ross Mortgage Opens State College, Penn., Location
Ross Mortgage Corp. recently opened a new location at State College, Pa., one of 17 branches it now operates in Michigan, Florida, Pennsylvania and Maryland.
The new...
Mortgage Applications For New Home Purchases Surged in January
Mortgage applications for new home purchases were up 43% in January compared with December but were flat compared with January 2018, according to the...
Fixed Mortgage Rates Dip to Lowest Level in a Year
Fixed mortgage rates fell for a second straight week, reaching the same level they were at one year ago.
For the week ended Feb. 14,...
Mortgage Lending Outlook: What’s in Store for 2019
As the U.S. economy continued to strengthen throughout 2018, mortgage companies increasingly faced challenges related to rising interest rates, a shrinking housing inventory and...
Pavaso Taps Tim Anderson as SVP of Business Development
Tim Anderson has joined digital closing software provider Pavaso as senior vice president of business development.
Anderson has more than 35 years of industry experience...
Mortgage Applications Dropped 3.7% Despite Falling Rates
Mortgage application volume fell 3.7% on an adjusted basis during the week ended February 8, according to data from the Mortgage Bankers Association’s (MBA) Weekly...
Blend Now Supports Home Equity Products
Knowing that consumer interest in accessing home equity is on the rise, Blend's mortgage point-of-sale platform now supports home equity loan and home equity...
Mortgage Network Hires Chris Veritas as LO for its Florham Park Branch
Chris Veritas has joined Mortgage Network as a loan officer in the company’s in Florham Park, N.J. branch.
Mortgage Network does business in New Jersey...
Carrington Mortgage Services Hires Dianne Minor For Correspondent Lending Division
Industry veteran Dianne M. Minor has joined Carrington Mortgage Services in the firm’s correspondent lending division.
Minor has more than three decades of real estate...
Ellie Mae to be Acquired by Private Equity Firm for $3.7 Billion
Following a major update to its Encompass loan origination system, mortgage software maker Ellie Mae reports that it is being acquired by private equity...
Member First Mortgage Picks Blue Sage Lending Platform
Member First Mortgage, a credit union service organization (CUSO), has chosen Blue Sage as its mortgage origination platform.
Member First Mortgage provides a complete range...
American Financial Network Gains Efficiencies with CompenSafe
American Financial Network is now using CompenSafe, LBA Ware’s automated incentive compensation and sales performance management platform, to provide real-time reporting of loan originator compensation.
American...
First American Promotes Odeta Kushi to Deputy Chief Economist
Odeta Kushi has been promoted to deputy chief economist at First American Financial Corp.
Kushi, who is based in the company’s Washington D.C. office, previously...
Gateway Mortgage Group to Merge with Farmers Exchange Bank
Gateway Mortgage Group, a full-service mortgage company licensed in 40 states and the District of Columbia, recently received approval from the Federal Deposit Insurance...
Verus Mortgage Capital Completes Eighth Rated RMBS Deal
Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor lending solutions, recently finalized its eighth rated RMBS transaction for $254 million.
It was the...
More Americans Reported Higher Income in January
Consumer sentiment toward the housing market took a significant jump in January, as more Americans reported that their household income had increased, according to...
MBA Taps Tallman Johnson as AVP of Legislative Affairs
Tallman Johnson has joined the Mortgage Bankers Association (MBA) as associate vice president of legislative affairs.
Johnson is joining the MBA from Capitol Hill, where...
ASA Teams with Appraisal Software Firm Anow
Anow’s real estate appraisal software is now available to members of the American Society of Appraisers (ASA) at a discount, thanks to a new...
BB&T to Merge with SunTrust in All-Stock Deal
In what is one of the first major bank mergers in nearly a decade, regional banks BB&T and SunTrust will combine in a stock-for-stock “merger...