Clear Capital’s Suite Now on Dark Matter’s Exchange Service Network
Clear Capital's suite of valuations solutions is now available through Dark Matter’s Exchange Service Network, an API marketplace for mortgage lenders, servicers and service...
OneTrust Home Loans Using LenderLogix’ Fee Chaser to Streamline Operations
OneTrust Home Loans is now using LenderLogix' Fee Chaser product to streamline its operations and compliantly collect upfront fees from its borrowers.
Fee Chaser's direct...
Mortgage Applications Inched Up Slightly Last Week, Driven by Rise in Refis
Mortgage application volume increased 0.5% during the week ended May 10, as the average rate for a 30-year, fixed-rate mortgage dropped to 7.08%, down...
Dark Matter Taps Vikas Rao as Deputy Chief Product Officer
Vikas Rao has joined Dark Matter Technologies as deputy chief product officer.
Rao has over 15 years of experience in software engineering, product management and...
Redfin: Demand for Vacation Home Mortgages Dropped 40 Percent in 2023
Demand for vacation-home mortgages fell 40% in 2023 as the average U.S. home price surged to a record high, Redfin reports.
Austin and the Bay...
LERETA Promotes Mitch Bledsoe to Chief Technology Officer
Mitch Bledsoe has been promoted to chief technology officer for LERETA, which provides real estate tax and flood services for mortgage servicers.
Bledsoe, who joined...
Applications for New Home Purchases Increased in April
Applications for mortgages for new home purchases increased 2% in April compared with March and were up 22.1% compared with April 2023, according to...
Panorama Mortgage Group Rolls Out 1 Percent Down Payment Loan Program
Panorama Mortgage Group has debuted a new loan program that breaks down the barriers for first-generation, first-time homebuyers with a 1% down payment and...
Mortgage Rate Lock Volume Increased 8.7 Percent in April
Mortgage rate lock volume increased 8.7% in April compared with March and was up 5% compared with April 2022, according to Optimal Blue’s Originations...
Kara Snow: The Regulatory Implications of AI for Lenders
PERSON OF THE WEEK: AI is new for the mortgage industry - and every other industry for that matter - but while lenders and...
Xactus Now Integrated with Empower LOS
Xactus, offering verification solutions for the mortgage industry, recently announced that several of its verification services are now available via Dark Matter Technologies' Empower...
MCT Base Rate Generator Lets Lenders Share Better Rate Sheets with Their LOs
Mortgage Capital Trading (MCT) has introduced Base Rate Generator, a new solution that allows mortgage lenders to directly inform their front-end rate sheet pricing...
ATTOM: Share of Properties That Are ‘Equity Rich’ Decreased in Q1
The share of residential properties that are considered “equity rich” decreased to 45.8% in the first quarter, down from 46.1% in the fourth quarter...
CoreLogic: Home Prices Increased 1.2 Percent in March
Home prices increased 1.2% in March compared with February and were up 5.3% compared with March 2023, according to CoreLogic’s home price index report.
“Home...
GenWay Home Mortgage Joins IndiSoft’s National Housing Advocacy Platform
GenWay Home Mortgage Inc., a Ginnie Mae issuer headquartered in Richardson, Texas, has joined the NHAP, a cloud-based technology solution seamlessly connecting key stakeholders...
Sean Faries: How Lenders Can Navigate Construction Lending Technology Options
PERSON OF THE WEEK: At a time of lower profit margins, a growing number of mortgage lenders are looking to lift their balance sheets...
Mortgage Rates Fall for First Time in Five Weeks
The average rate for a 30-year fixed-rate mortgage fell to 7.09% this week, down from 7.22% the previous week, according to Freddie Mac’s Primary...
NAR: Home Prices ‘Astonishingly’ Increased 3.4 Percent in Q1 Despite Higher Mortgage Rates
Despite higher mortgage rates, more than 90% of U.S. metros posted home price gains in the first quarter, according to the National Association of...
ACES Announces Partnership with Document Processing Firm Infrrd
ACES Quality Management is partnering with Infrrd to provide AI-powered intelligent mortgage document processing to clients.
When used in conjunction with ACES Quality Management &...
Planet Home Lending Hires Paul Walker as Chief Financial Officer
Paul Walker has been appointed chief financial officer at Planet Home Lending, a national mortgage lender, servicer and asset manager.
Before joining Planet Financial Group,...