Freddie Mac: Mortgage Rates Inched Back Up This Week
After falling for five of the previous six weeks, mortgage rates inched back up again during the week ended July 12, with the average...
Union Bank Hires Debra Montgomery to Head Up Mortgage Division’s Pacific Northwest Region
Debra Montgomery has joined Union Bank as managing director, Pacific Northwest region manager for the private mortgage division of Union Bank Home Loans.
Montgomery has...
Veros: Western States to Drive Home Price Appreciation Over Next 12 Months
U.S. home prices are forecast to increase 4.4% over the next 12 months, however, most of that increase will be driven by price gains...
Reports: Millennials Face Numerous Obstacles to Homeownership
Two recent reports show that millennials are facing some major hurdles when it comes to homeownership.
A recent report from the Urban Institute, funded through...
Applications for Refinances Fell to Lowest Level Since December 2000
Mortgage applications increased 2.5% on an adjusted basis during the week ended July 6, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
Calyx Software Names Bob Dougherty EVP of Business Development
Mortgage industry veteran Bob Dougherty has been promoted to executive vice president of business development at Calyx Software.
Dougherty replaces Dennis Boggs, who retired on...
Pavaso Adds Online Notarization Tool to it E-Closing Platform
Mortgage technology provider Pavaso has added a remote online notarization tool to its Digital Close e-closing platform.
The new tool will enable users of the platform, which...
MBA: Mortgage Credit Loosened in June
Mortgage credit availability increased slightly in June compared with May, rising 0.2% to a score of 181.0 on the Mortgage Bankers Association’s (MBA) Mortgage...
Consumer Confidence in Housing Market Fell in June
Consumer confidence in the housing market decreased in June, falling 1.6 points compared with May to a score of 90.7 on Fannie Mae’s Home...
Class Appraisal Appoints Jon Tallinger to Chief Growth Officer
Jon Tallinger has been promoted to chief growth officer at Class Appraisal, one of the largest and fastest-growing appraisal management companies in the country.
Tallinger has...
Ellie Mae Rolls Out ‘Point of Thought’ Solution to Help Mortgage Lenders Convert
To help mortgage lenders win more business in the current purchase market, Ellie Mae has introduced a new point of sale solution that incorporates...
Leandra English to Leave CFPB, Bring Litigation to a Close
Leandra English is giving up on her legal battle to become interim director of the Consumer Financial Protection Bureau (CFPB).
When Richard Cordray stepped down...
MBA Hires Holly Cannon as VP of Human Resources
Holly Cannon, SHRM-SCP, has joined the Mortgage Bankers Association (MBA) as vice president of human resources.
She will replace Gene Neill, SPHR, who is retiring...
Mortgage Rates Have Now Fallen For Five of the Past Six Weeks
Mortgage rates continued to edge downward during the week ended July 5, with the average rate for a 30-year fixed-rate mortgage (FRM) at 4.52%,...
MBA: Mortgage Application Volume Dipped Heading into Fourth of July Week
Mortgage application volume dipped during the week ended June 29, falling 0.5% on an adjusted basis compared with the previous week, according to the Mortgage...
CoreLogic: Despite Rising Home Prices, Renters Want to Buy
U.S. home prices increased 1.1% in May compared with April and were up 7.1% compared with May 2017 - however, rising home prices are...
Waterstone Mortgage to Open New Regional Office in Albuquerque
Waterstone Mortgage Corp. reports that it is opening a new Southwestern regional office in Albuquerque, N.M.
The new branch will be the largest yet for...
Stearns Lending to Take Stake in Certainty Home Loans
Stearns Lending has entered into a definitive agreement to acquire an equity interest in Certainty Home Loans.
Terms of the deal, which is expected to...
Churchill Mortgage Adds 25 Mortgage Professionals
Churchill Mortgage recently added 25 new mortgage professionals to its ranks.
Joining the company at its Brentwood, Tenn., location are Don Merlo, home loan specialist;...
WFG National Title Taps Anne-Marie Kuhlman to Head Colorado Division
Anne-Marie Kuhlman has joined WFG National Title as president of the company’s Colorado division.
Kuhlman has deep industry experience and a wide knowledge of the...