Mortgage Rates Fell to 10-Month Low
Mortgage rates edged lower this week, with the average rate for a 30-year falling to 4.41%, down from 4.46%, according to Freddie Mac’s Primary Mortgage...
Mortgage Credit Jumped in January as Lenders Adjusted to End of HARP
Mortgage credit availability increased 2.3% in January compared with December to reach a score of 179.0 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
Home Price Appreciation at Slowest Pace Since 2012
U.S. home prices increased 0.1% in December compared with November and were up 4.7% compared with December 2017, according to CoreLogic’s home price index...
Guild Mortgage Launches Mobile App for Real Estate Agents
Guild Mortgage has launched Guild-to-Go, a mobile application designed to offer real estate agents more transparency and efficiency throughout the loan process and empower them...
Mortgage Applications Fell For Third Straight Week
Mortgage applications fell for a third consecutive week, despite a substantive decrease in fixed mortgage rates.
Total volume dropped 2.5% during the week ended Feb....
Trump Administration Pushing for GSE Reform
Housing finance reform may soon be back on the table in Congress, as Senate Banking Committee Chairman Mike Crapo (R-Idaho) on Friday released a rough...
Guaranteed Rate Opens New Retail Location in Michigan
Mortgage lender Guaranteed Rate reports that it has opened a new office in Plymouth, Mich.
The new location in downtown Plymouth is the fourth branch...
FirstClose Now Integrated with Ellie Mae’s Encompass
Mortgage technology and settlement services provider FirstClose reports that its suite of solutions is now integrated with Ellie Mae’s Encompass loan origination system.
The seamless...
Mortgage Lenders: Lack of Inventory Held Back Home Sales in 2018
Lack of inventory, high home prices and rising mortgage interest rates sapped home sales in 2018, according to a Fannie Mae’s fourth quarter Mortgage...
Opus Capital Markets Consultants Now Using ComplianceEase
Mortgage due diligence firm Opus Capital Markets Consultants is now using ComplianceEase to perform real-time, loan-level audits on loan pools that it reviews for...
Built Technologies Announces Two Executive Hires
Billy Olson has joined Built Technologies, a fintech company focused on construction lending, as director of builder financial solutions.
In addition, Natalie Myrick has joined...
Strong January Jobs Report Bodes Well For Housing Market
Job growth accelerated in January as total non-farm payroll employment increased by 304,000 - far better than analysts’ projections - and the unemployment rate...
LBA Ware’s CompenSafe Integrated with SimpleNexus
LBA Ware, a provider of automated compensation and sales performance management software for mortgage lenders, has completed a partial integration of its compensation platform, CompenSafe, with SimpleNexus’s enterprise digital mortgage solution.
As...
Mortgage Rates Edge Up Slightly
After holding flat for several weeks, fixed mortgage rates edged up slightly during the week ended Jan. 31, with the average rate for a...
NotaryCam Helps Execute Remote Online Closing in Texas
East Texas Title recently executed NotaryCam’s first remote online closing (ROC) in Texas since the state’s remote online notarization law went into effect.
The transaction,...
Vendorly Teams with Shared Assessments to License SIG Questionnaire
Vendorly, which offers a vendor oversight platform, is collaborating with Shared Assessments, a trusted source in third-party risk management, to license the Standardized Information...
Pending Home Sales Fell Again in December
Pending home sales fell again in December to a score of 99.0 on the National Association of Realtors’ (NAR) Pending Home Sales Index.
That’s down...
Frequency of Defects in Mortgage Applications Continues to Rise
Due mainly to rising purchase share and the impact from natural disasters, the frequency of defects in mortgage applications increased 7.4% in December compared...
Churchill Mortgage Promotes Liliana Nigrelli to Chief Compliance Officer
Liliana Nigrelli has been promoted to chief compliance officer at Churchill Mortgage, which offers conventional, FHA, VA and USDA residential mortgages across 46 states.
Nigrelli...
Mortgage Application Volume Back on the Decline
Mortgage application volume fell 3.0% during the week ended January 25, as the average rate for a 30-year fixed-rate mortgage increased slightly to 4.76%,...