Appraisal Logistics Hires Steven Rouse as Regional Account Manager
Steven Rouse has joined Appraisal Logistics, a nationwide appraisal management company for the residential mortgage industry, as regional account manager for the Midwest.
Rouse was previously regional...
Total Expert Releases ‘Expert Content’ to Help Lenders Increase Sales Velocity
Total Expert, which claims to have created the first enterprise-grade Marketing Operating System (MOS) specifically for financial services organizations, recently released Expert Content, a set...
Harry Gardner: E-Signatures Have Bright Future in the Mortgage Industry
PERSON OF THE WEEK: The electronic signature is now a standard part of the mortgage experience. Most, if not all mortgage lenders now support and...
TD Bank Using Ellie Mae’s Encompass to Streamline Mortgage Operations
TD Bank is now using Ellie Mae’s Encompass loan origination platform for its mortgage operations.
The bank selected Encompass in order to improve the customer experience...
New Home Sales Fell 1.7% in July
New home sales were at a seasonally adjusted annual rate of about 627,000 in July, a decrease of 1.7% compared with a revised 638,000...
Mortgage Rates Edged Down For Third Straight Week
Mortgage rates edged down during the week ended Aug. 23, with the average rate for a 30-year fixed-rate mortgage (FRM) falling to 4.51%, down...
HomeServices Selects Maxwell to Streamline the Mortgage Process
HomeServices Lending of Des Moines, Iowa, a Berkshire Hathaway Affiliate, has selected Maxwell as its technology partner to streamline the mortgage lending process.
According to...
PromonTech’s Borrower Wallet POS Now Integrates with AccountChek
FormFree’s AccountChek automated asset verification system is now integrated with PromonTech's Borrower Wallet point-of-sale (POS) solution.
PromonTech is the technology division of Promontory MortgagePath.
AccountChek was...
Arch Mortgage Insurance Now Integrated with Mortgage Cadence
Mortgage Cadence, an Accenture company, has integrated Arch Mortgage Insurance Co.’s (Arch MI) mortgage insurance platform into the Mortgage Cadence Enterprise Lending Center (ELC).
This...
Existing-Home Sales Fell Again in July
Existing-home sales in July were at a seasonally adjusted annual rate of about 5.34 million, down 0.7% compared with about 5.38 million in June...
Alterra Home Loans Opens Three New Branches as it Targets the Underserved
As part of its effort to increase homeownership among African Americans in the U.S., the Legacy Division of mortgage lender Alterra Home Loans recently...
Mortgage Applications See First Increase in More Than Five Weeks
After decreasing on a week-over-week basis for the previous five weeks, mortgage applications reversed course and increased 4.2% on an adjusted basis during the...
Housing Starts Disappoint as Builders Grapple With Rising Costs
The critical factor is not whether permits are increasing on a month-over-month basis but rather if they are keeping up with demand, which is based, in part, on population growth.
Despite Weak Housing Market, Fannie Mae Upwardly Revises its Economic Forecast
Although the U.S. housing market is in a slump, due to lack of supply, rising home prices and tight affordability, Fannie Mae has nonetheless...
More Than Half of E-Notes on MERS E-Registry Closed Via Pavaso in 2018
More than half of all e-note closings registered on the MERS e-registry so far in 2018 have been closed through Pavaso’s Digital Close Enterprise...
Mortgage Rates Fell Slightly, But Do Buyers Care?
Mortgage rates decreased slightly this week and have continued to remain basically flat during the past several months, Freddie Mac’s Primary Mortgage Market Survey...
Mortgage Network Taps Chris Horley to Head Up Newport Branch
Chris Horley has joined Mortgage Network as manager of its new Newport, R.I., branch office.
Horley has 23 years of mortgage banking experience in the...
Black Knight Launches LoanSphere Actionable Intelligence Platform
Mortgage software firm Black Knight has launched the LoanSphere Actionable Intelligence Platform, a unified delivery system for both lenders and servicers that integrates the...
Refinance Share at 29% in July
Refinances represented about 29% of all closed mortgages flowing through Ellie Mae’s Encompass loan origination system in July - flat compared with June but...
Mortgage Applications Fell For Fourth Straight Week
Mortgage application volume fell 2.0% on an adjusted basis during the week ended August 10, as mortgage rates dipped slightly, according to the Mortgage...