Maxwell Adds Disclosure Management Platform
Mortgage software provider Maxwell has released a new disclosure management platform that enables borrowers to securely access, review and sign loan disclosure documents directly...
Verus Closes 2018 with Rated $442 Million Non-QM RMBS Transaction
Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor lending solutions, recently completed its seventh rated residential mortgage-backed securities (RMBS)...
Essent Guaranty to Launch New Platform with Fully Integrated Pricing Engine
Essent Guaranty Inc., a nationwide provider of mortgage insurance (MI) and a subsidiary of Essent Group Ltd., is launching EssentEDGE, a new platform supporting...
Indisoft Hires Dennis Forget as VP of Business Development
Dennis Forget has joined Indisoft, a global provider of technology solutions for the financial services industry, as vice president of business development.
Forget has more...
Property Data Firm ATTOM Data Solutions Acquired by Lovell Minnick Partners
Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, has acquired ATTOM Data Solutions, a provider of data...
MBA Taps Bill Packer to Chair RESTECH Forum
Bill Packer, executive vice president and chief operating officer at American Financial Resources Inc. (AFR), is the new chairman of the Mortgage Bankers Association’s...
WFG National Title Launches Cyberfraud Awareness Team
WFG National Title, a Portland-based national title insurance, settlement, valuation and technology services company, is creating a Cyberfraud Awareness Team to educate consumers and...
Consumer Sentiment Toward Housing Market Dimmed in December
Consumer sentiment toward the housing market fell in December - down 2.7 points to a score of 83.5 on Fannie Mae’s Home Purchase Sentiment...
LoanLogics Hires David Parker as SVP of Product Development
David Parker has joined LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, as senior vice president of product management.
Parker...
Shutdown May Have Contributed to Sharp Drop in Mortgage Applications
Mortgage application volume fell nearly 10% during the final two weeks of 2018, despite the fact that mortgage rates continued to fall.
According to the...
Mortgage Rates Kick Off 2019 by Dipping Lower
Mortgage rates started the new year by dropping across the board, with the average rate for a 30-year fixed-rate mortgage falling to 4.51%, down...
Home Price Appreciation Continued to Slow in November
U.S. home prices increased 0.4% in November compared with October and were up 5.1% compared with November 2017, according to CoreLogic’s home price index.
However,...
November Pending Home Sales Hit Lowest Level Since 2014
Pending home sales fell again in November, decreasing 0.7% to a score of 101.4 on the National Association of Realtors’ (NAR) Pending Home Sales...
SecurityNational Mortgage Using DocMagic to Deliver E-Closings
SecurityNational Mortgage Corp. (SNMC), an independent national mortgage banker, is now delivering a fully digital mortgage experience for its borrowers using DocMagic’s Total eClose...
Mortgage Rates Fall for a Fourth Straight Week
Mortgage rates dropped for a fourth consecutive week, with the average rate for a 30-year fixed rate mortgage falling to 4.55%, down from 4.62%...
Downsizing Helped Boost Mortgage Application Defect Rate
The rate of serious defects in mortgage applications increased to 1.72% in the second quarter, up from 1.71% in the first quarter, according to...
Case-Shiller: U.S. Home Prices Continued to Rise in October
U.S. home prices increased 0.5% in October compared with September and were up 5.5% compared with October 2017, according to the S&P CoreLogic Case-Shiller...
Trump Administration Picks OCC Chief Joseph Otting as Interim Director of FHFA
Joseph Otting, the current Comptroller of the Currency, is the Trump Administration’s pick to serve as acting director of the Federal Housing Finance Agency...
ARM Share Grew in November as Fixed Mortgage Rates Increased
The recent increase in fixed mortgage rates had the effect of driving more borrowers into adjustable rate mortgages (ARMs) in November, Ellie Mae’s Origination...
Gena Roach: Mobile Optimized Websites Versus Mobile Apps
PERSON OF THE WEEK: To cut operating costs, stay competitive and deliver an outstanding borrower experience, it has become imperative for mortgage lenders to...