Friday, November 1, 2024

Residential Mortgage

PrimeLending Switches to Blue Sage’s Digital Lending Platform

Mortgage lender PrimeLending is now using the Blue Sage Digital Lending Platform as its origination platform. The platform is highly scalable and capable of supporting...

CoreLogic Rolls Out New Suite of Automated Valuation Models

CoreLogic has introduced a new suite of automated valuation models (AVMs) that incorporates new cascade methodologies designed to help simplify AVM selection and provide...

Building Bonds With Borrowers via Educational Workshops

BLOG VIEW: The housing market today is akin to the gold rush of the mid-1800s, with many prospective home buyers - and not necessarily...

Simplifile Touts First E-Recording Transaction in West Virginia

Simplifile reports that it recently facilitated the first e-recording transaction in the state of West Virginia. The transaction was completed on Friday, Aug. 24 in...

MBA: Applications For New Home Purchases Fell in September

Applications for mortgages for new home purchases decreased for a second straight month in September, falling 3.9% compared with August, according to the Mortgage...

Mortgage Rates Continue to Move Higher, Raising New Concerns About Affordability

Mortgage rates moved to the highest level in seven years this week, with the average rate for a 30-year fixed-rate mortgage climbing to 4.90%,...

Flagstar Bank Taps Scott Bristol to Head Up Retail Mortgage Business

Scott Bristol has joined Flagstar Bank as senior vice president and national production manager of its retail mortgage business. Bristol has more than 20 years...

Home Prices Forecast to Increase an Average of 4.5% Over Next 12 Months

U.S. home prices will increase an average of 4.5% over the next 12 months, according to Veros Real Estate Solutions’ quarterly VeroFORECAST report. The third quarter marks...

Mid America Mortgage Hires Pamela Misner to Manage Underwriting

Pam Misner has joined Mid America Mortgage Inc. as underwriting manager. Misner has nearly 30 years of mortgage expertise. Previously, she lead Umpqua Bank’s Home...

Mortgage Applications Fall as Rates Climb to Highest Level Since 2011

Mortgage applications decreased 1.7% on an adjusted basis during the week ended Oct. 5, as the average rate for a 30-year fixed-rate mortgage climbed to...

LenderLive Holdings Rebrands to Covius Holdings

LenderLive Holdings, the parent company of LenderLive Services, LenderLive Network and Require Holdings, is rebranding as Covius Holdings. Through various subsidiaries, Covius Holdings provides technology-enabled...

Figure Technologies Launches Digital Home Equity Loans Utilizing Blockchain

It's the "fastest home equity loan on the planet." Figure Technologies Inc., a startup founded by Mike Cagney, former CEO of online lender Social Finance (SoFi),...

Housing Sentiment Dips Slightly on Interest Rate Concerns

Rising mortgage rates dampened consumer sentiment toward the housing market in September, pushing Fannie Mae’s Home Purchase Sentiment Index to a score of 87.7, a...

LenderClose Hires Dan Davis as Director of Technology

Dan Davis has joined fintech startup LenderClose as director of technology. Davis has 17 years of experience, having worked in the IT departments of three...

MBA: Mortgage Credit Decreased in September

Mortgage credit availability decreased 0.8% in September compared with August, falling to a score of 182.1 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...

WFG National Title Taps Matt Slonaker as SVP of Business Development

Matt Slonaker has joined WFG National Title, a Williston Financial Group company specializing in national title, settlement, valuation and technology services, as senior vice...

Freddie Mac: Rising Mortgage Rates Will Slow Housing Market’s Momentum

Despite the fact that the Fed recently hiked rates, mortgage rates stayed more or less flat this week, as the average rate for a...

Old Republic Title Acquires Title and Closing Software Provider iMarc Inc.

Tampa, Fla.-based Old Republic Title has acquired iMarc Inc., (dba) E-Closing, a software applications and systems development company that provides cloud-based title and closing...

NAR Announces Two Leadership Appointments

Victoria Gillespie is the new chief marketing and communications officer and Shannon McGahn is the new senior vice president of government affairs at the...

Richey May Acquires Two IT Consulting Firms

In a move that will allow it to offer a more robust spectrum of IT consulting services for its financial services clients, accounting and...