CoreLogic Buys HomeVisit, Completes Acquisition of Symbility
CoreLogic has acquired HomeVisit, a provider of marketing focused real estate solutions, including property listing photography, videography, 3D modeling, drone imagery and related services,...
Tranched Multifamily CIRT Deal a First For Fannie Mae
Fannie Mae recently completed its first tranched multifamily credit risk sharing transaction - a pool of approximately $10.9 billion of existing multifamily loans.
It was...
Mortgage Rates Dipped Slightly, Resulting in Modest Increase in Home Sales
Mortgage rates continued to edge downward during the week ended Dec. 20, with the average rate for a 30-year dropping to 4.62%, down from...
Existing-Home Sales Increased for Second Straight Month
Existing-home sales were at a seasonally adjusted rate of 5.32 million in November, an increase of 1.9% compared with October but down 7.0% compared...
Class Valuation Acquires Landmark Network
Class Valuation, a provider of real estate asset valuation and appraisal management solutions, has acquired Landmark Network, which specializes in real estate valuation solutions...
Housing Starts Jumped in November But Builder Confidence Dropped
A day after the National Association of Home Builders (NAHB) announced that builder confidence in the market for new, single-family homes in November fell...
Mortgage Applications Fell 5.8%, Despite Lower Rates
In keeping with seasonal cycles, mortgage application volume fell 5.8% on an adjusted basis during the week ended Dec. 14, according to the Mortgage...
M&A Activity Forecast to Increase as Mortgage Industry Contracts
The mortgage industry saw a big jump in merger and acquisition (M&A) activity in 2018, as origination volume and profitability fell, and more is...
Nations Valuation Services Bolts Anow’s Platform to its In-House System
Nations Valuation Services (NVS), the appraisal services division of the Nations Companies, has integrated Anow’s appraisal management system with its proprietary management system, AppraisalTRAX.
In...
Ellie Mae Hires Dave Ard as SVP of Enterprise Sales
Dave Ard has joined mortgage software company Ellie Mae as senior vice president of enterprise sales.
Ard previously held various leadership and management roles at...
Pam Patenaude Resigns as Deputy Secretary of HUD
Pam Patenaude - President Donald Trump’s pick to serve as deputy secretary of the Department of Housing and Urban Development - is resigning from...
NotaryCam, Stewart Title Facilitate First Remote Online Closing in Virginia
NotaryCam reports that its remote notary service was used to facilitate the first remote online closing (ROC) for a purchase and sale transaction in...
Mortgage Cadence’s ELC Now Integrated with Radian MI
Expanding on its recent integrations with other top-tier providers, Mortgage Cadence, an Accenture company, is now integrated Radian’s mortgage insurance (MI) service.
That means users of Mortgage Cadence’s...
Mortgage Applications for New Homes Fell 14% in November
Applications for mortgages for new home purchases fell 14% in November compared with October and were down 11% compared with November 2017, according to...
FHFA Seeks Input on Use of Alternative Credit Score Models
The Federal Housing Finance Agency (FHFA) is back to exploring the use of third-party credit score models to be used by Fannie Mae and...
Mortgage Rates Fell For Second Straight Week
Mortgage rates fell for a second consecutive week, as the average rate for a 30-year dropped to 4.63%, down from 4.75% last week, according...
NAMB Launches Mortgage Origination Platform Built on Calyx
The National Association of Mortgage Brokers (NAMB) has partnered with Calyx Software to launch a new mortgage origination platform for mortgage brokers that covers...
Time to Retire Outdated Manual Underwriting Processes
BLOG VIEW: The introduction of an advanced, automated and comprehensive platform for underwriting a loan is long overdue.
In an age when digitization and automation...
First-Time Homebuyers Accounted for 55% of All Purchase Mortgages in Q3
First-time homebuyers made up a larger share of total home sales in the third quarter compared with a year earlier, however, there aren’t enough...
Trump Picks Calabria to Head Federal Housing Finance Agency
President Donald Trump on Tuesday announced his intent to nominate Mark Calabria - who currently serves as chief economist for Vice President Mike Pence...