Friday, November 1, 2024

Residential Mortgage

Vendorly Adds Contract Management Feature

Vendorly has added a “contract management” feature to its vendor oversight platform. The company says this new feature will enhance insights into contract terms, performance...

Visionet’s AtClose Now Integrated with Old Republic Title’s ezJacket, CPL Solutions

Visionet Systems Inc. has integrated its AtClose platform - which delivers vendor management, title/closing and appraisal management features - with Old Republic Title’s ezJacket...

Servicing a ‘Bright Spot’ in Mortgage as Production Profits Fall

The average profit per mortgage originated fell to $480 in the third quarter, down from $580 in the second quarter, according to the Mortgage...

Pending Home Sales Continued to Fall in October

After barely eking out a monthly increase in September, pending home sales fell in October, dropping 2.6% to a score of 102.1 on the...

October New Home Sales Down 12% From Last Year

New home sales were at a seasonally adjusted annual rate of about 544,000 in October, a decrease of 8.9% compared with a revised 597,000...

Mortgage Rates Basically Flat

Mortgage rates barely budged this week, as the average rate for a 30-year was flat at 4.81%, according to Freddie Mac’s Primary Mortgage Market...

Three Technologies Having the Greatest Impact on Home Buying

Streamlining time-consuming processes, as well as delivering an improved consumer experience, is top of mind for real estate professionals.

TD Bank Now Using Roostify to Enhance its Online Mortgage Process

TD Bank reports that it is now using Roostify’s digital mortgage platform to power the front-end of its mortgage process. The point-of-sale platform allows the...

Jorge Ponce: Abundance of Data is ‘Catalyst For Change’ in Mortgage

PERSON OF THE WEEK: From lead generation to digital point-of-sale to appraisal to automated underwriting to digital closing, technology is completely changing the mortgage...

FHFA Raises Loan Limits For Mortgages to be Acquired by Fannie, Freddie

In reaction to rising home prices, the Federal Housing Finance Agency (FHFA) has raised the loan limits for mortgages to be acquired by Fannie...

Mortgage Software Firm Ellie Mae Hires Dan Madden as EVP and CFO

Dan Madden is joining mortgage origination software firm Ellie Mae in December as executive vice president and chief financial officer. Madden currently serves as chief...

First American Launches Blockchain System to Improve Title Production

First American Financial Corp. has launched a shared blockchain system designed to increase efficiency, reduce risk and improve the title production process. The system is...

Mortgage Applications Jumped After Slight Decrease in Rates

Mortgage application volume jumped 5.5% on an adjusted basis last week as the average rate for a 30-year fixed-rate mortgage fell from 5.16% to...

Embrace Home Loans Taps Jodi Viniello as Chief Innovation and Transformation Officer

Jodi Viniello has joined Embrace Home Loans as chief innovation and transformation officer. Viniello is an operations and IT executive and certified project management professional...

Home Price Appreciation Slowing in a Majority of U.S. Cities

U.S. home prices continued their upward march in September, but the pace of appreciation slowed considerably compared with earlier in the year, the S&P...

CreditXpert Wayfinder Helps LOs Help Borrowers Improve Their Credit Scores

CreditXpert Inc., a credit analysis and management solutions provider, has released CreditXpert Wayfinder, which automatically runs through hundreds of options to find the best combination...

MGIC Now Integrated with Mortgage Cadence

Mortgage Cadence’s loan origination system, Enterprise Lending Center (ELC), is now integrated with Mortgage Guaranty Insurance Corp.’s (MGIC) platform. That means ELC now sports electronic loan package document...

Mortgage Network Hires Aaron Benton as LO for Hilton Head Branch

Aaron Benton has been hired as a loan officer for Mortgage Network’s Hilton Head, S.C., branch. Benton is a recent graduate of Mortgage Network’s Mortgage...

Genworth Delivers More ‘Granular Approach’ to Mortgage Insurance Pricing

In an effort to provide mortgage lenders with a more granular approach to mortgage insurance pricing, Genworth Mortgage Insurance has launched GenRATE, a proprietary risk-based pricing...

Mortgage Closing Rate Reaches Highest Level in More than a Year

The refinance share of mortgage origination volume increased in October relative to September, despite rising rates, while the the average number of days to...