Saturday, November 2, 2024

Residential Mortgage

Marrying Compliance with Innovation

BLOG VIEW: In an ever-changing regulatory environment, it may seem that compliance serves as a hurdle to achieving innovation, or at least, that innovation...

MBA: Mortgage Applications Jumped 5.1%


After falling 1.5% the previous week, mortgage application volume rebounded, increasing 5.1% during the week ended June 15, as the average rate for a...

FirstClose Partners with Chicago Title Insurance Co.

Mortgage settlement services firm FirstClose is now integrated with Chicago Title Insurance Co., thus providing clients with Chicago Title’s property search, legal and vesting...

LenderClose Hires Mari Jo Massanet as Sales Associate

Mari Jo Massanet has joined mortgage software firm LenderClose as a sales associate. Prior to LenderClose, Massanet held various sales roles for Ingersoll Rand in...

Housing Starts Jumped in May But Permits Fell

Driven by pent-up demand due to a lack of inventory, builders took advantage of the nice weather in May to increase production month-over-month and...

NotaryCam Celebrates 100,000 E-Notarizations Via its Platform

NotaryCam, which provides an e-notarization service used by mortgage lenders and other entities, recently celebrated a significant milestone: 100,000 online notarizations. “NotaryCam is proud to...

WEST Hires Marty Frame as COO

Marty Frame has joined WEST, a Williston Financial Group/Golden Gate Capital Holding company, as chief operating officer. Previously, Frame was president of Realtors Property Resource, a wholly owned...

ATTOM: HELOC Volume Jumped 14% in First Quarter; Co-Buyer Share Keeps Increasing

About 1.8 million (1,813,691) loans secured by residential property (1 to 4 units) were originated in the first quarter, down 5% compared with the...

White House to Name Kathy Kraninger as Permanent Director of CFPB

The Trump Administration is expected to name Kathy Kraninger as its nominee to permanently lead the Consumer Financial Protection Bureau (CFPB). If confirmed, Kraninger would...

Debora Aydelotte: Diversity, Data Security and Due Diligence Driving Change in Mortgage

PERSON OF THE WEEK: Debora Aydelotte is the chief operating officer of Credit Risk Solutions, a Computershare subsidiary. A mortgage industry leader with more...

Mortgage Network Opens New Branch in Bluffton, S.C.

Mortgage Network reports that it has opened a new branch office in Bluffton, S.C., that will be managed by Brian Neumann. The new office is in...

MIAC Updates VeriFi Due Diligence Platform

Mortgage Industry Advisory Corp. (MIAC), a provider of financial analytics solutions, recently released the newest version of its due diligence software platform, VeriFi 3.0. The new version provides users...

Loan Vision Expanding its Support and Consulting Teams as it Approaches 100 Customers

Loan Vision, a Bestborn company that makes accounting software designed specifically for the mortgage industry, reports that it is expending its consulting and support...

MBA: Applications For Mortgages For New Home Sales Fell Again in May

After falling 14% month-over-month in March and 5% in April, applications for mortgages for new home purchases decreased 0.5% in May and were down...

Freddie Mac: Mortgage Interest Rates Back on the Rise

After dipping slightly each of the previous two weeks, mortgage rates went back on the rise this week, with the average rate for a...

31 More Counties Now Using Simplifile’s E-Recording Platform

An additional 31 counties in 16 states are now using Simplifile’s e-recording software, the company reports. With the addition of these counties, Simplifile’s e-recording platform...

NewDay USA Taps David Loeser as Vice Chairman and EVP of Human Resources

David Loeser has been appointed vice chairman of NewDay USA’s board of advisors and will be serving as executive vice president of human resources. A...

Despite Major Obstacles, Millennials’ Desire For Homeownership is Strong

Despite rising home prices and higher mortgage interest rates, millennials are more determined than ever to become homeowners, recent industry reports show. In First American’s...

UFFWest Adds Victoria Dunn to its Wholesale Lending Team

Victoria Dunn has joined the wholesale lending team at United Fidelity Funding West (UFFWest). Dunn possesses a demonstrated history in negotiation, business development, account management, direct...

Mortgage Applications Dipped 1.5%, Rates Back on the Rise

Mortgage application volume fell 1.5% on a seasonally adjusted basis during the week ended June 8, according to the Mortgage Bankers Association’s (MBA) Weekly...