Thrive Mortgage Set to ‘Thrive’ in New Environment with Cloudvirga
Thrive Mortgage (formerly Georgetown Mortgage) is now using Cloudvirga’s mortgage point-of-sale system to give its loan officers an edge with consumers.
The lender has now...
Blue Water Introduces Co-Issue Pricing and Trading Platform with Real-Time Capabilities
Blue Water Financial Technologies says it has developed a first of its kind electronic co-issue pricing and trading platform that allows mortgage lenders and...
Home Price Appreciation Continued to Slow in August
U.S. home price appreciation continued to slow in August, as shown by the S&P CoreLogic Case-Shiller home price index report.
Month-over-month, home prices increased 0.6%,...
QRL Financial Services Using DocMagic’s E-Vault Technology
QRL Financial Services (QRL), a nationwide provider of residential mortgage lending services for community banks and credit unions, is using DocMagic’s e-vault technology to...
Wave of Promotions at Waterstone Mortgage
Kim Newby has been promoted to senior vice president, investor relations and product development, at Waterstone Mortgage Corp.
In addition, Rich Tucker has been promoted...
Hurricanes Drove Up Risk of Defects in Mortgage Applications in September
The risk of defects in mortgage applications increased in September, driven mainly by the impact from Hurricane Florence.
According to First American’s Loan Application Defect...
Pending Home Sales Fell Again in September
After falling in August, pending home sales increased 0.5% in September compared with August to reach score of 104.6 on the National Association of...
Freddie Mac: Mortgage Rates Inched Up Slightly
Despite volatility in the stock market, mortgage rates inched up slightly this week, with the average rate for a 30-year at 4.86%, up from...
Class Appraisal Hires Gary Ferguson as CTO
Gary Ferguson, a technology veteran with more than 25 years of software engineering experience, has joined Class Appraisal, a provider of real estate asset...
Rising Mortgage Rates Are Slowing Home Price Appreciation
Home price appreciation increased 1.0% in the third quarter compared with the second quarter and was up 4.8% compared with the third quarter of...
Deephaven Mortgage Partnering with Class Appraisal
In order to meet the growing needs of its mortgage broker clients, Deephaven Mortgage, which specializes in non-QM loans, is partnering with national appraisal...
QuestSoft’s Compliance EAGLE Now Integrated with LendingQB
QuestSoft’s compliance software is now integrated with LendingQB’s loan origination system, making it easier for lenders using the system to run various compliance checks...
First American Mortgage Solutions Rolls Out E-Closing Solution
First American Mortgage Solutions has launched a new e-closing solution designed to securely deliver digital settlement for digital mortgage.
Pilot tests of the e-closing solution,...
OpenClose Launches API Suite that Simplifies Integration with Legacy Third-Party Systems
OpenClose, which offers a multi-channel loan origination system (LOS), recently released a RESTful API suite which the company claims makes it quicker, simpler and...
MBA: Mortgage Applications Jumped 4.9%
Mortgage applications surged a surprising 4.9% during the week ended Oct. 19, as the average rate for a 30-year rose to 5.11%, up from 5.10%...
Rate Lock-In Effect Has Homeowners ‘Imprisoned’ in Their Existing Homes
Rising mortgage rates are creating a financial disincentive that's preventing existing homeowners from selling.
New Home Sales Fell 5.5% in September, Driven by Huge Drop in the Northeast
After increasing 3.5% in August, sales of new, single-family homes slid in September, falling 5.5% to seasonally adjusted annual rate of 553,000, down from...
Ellie Mae Releases Enhanced Versions of Encompass, DU Findings Report
There was a flurry of news from mortgage origination software provider Ellie Mae during the past week.
On Monday, the company announced the latest version...
Top 5 Borrower Questions and How Mortgage Lenders Should Respond
BLOG VIEW: Borrowers today have an unprecedented level of access into the inner workings of the mortgage process, thus enabling them to self-educate and...
Calyx Makes Deephaven’s Non-QM Mortgage Products Available through Point
Non-QM loans are becoming a powerful weapon in a mortgage broker’s arsenal of product offerings, helping them to meet the unique needs creditworthy home...