LenderClose Hires Benjamin Dinkins as Sales Executive
Benjamin Dinkins has joined digital mortgage origination platform provider LenderClose as sales executive.
Dinkins has extensive contract negotiation and financial services sales experience for Fortune...
MBA: Average Profit Per Mortgage Loan Fell Into the Red in Q1
Mortgage bankers saw a net loss of $118 on each loan they originated in the first quarter, down from a gain of $237 in...
MBA: Mortgage Applications Jumped 4.1% as Rates Fell
After decreasing 2.9% the previous week, mortgage application volume jumped 4.1% during the week ended June 1, as the average rate for a 30-year fixed-rate...
DocMagic Now Integrated with MortgageHippo’s Digital Lending Platform
DocMagic Inc., which offers loan document preparation, regulatory compliance and e-mortgage services, has integrated its e-sign solution with MortgageHippo, a digital lending platform.
The integration...
Altavera Mortgage Services Rebrands to Credit Risk Solutions
Altavera Mortgage Services is rebranding under a new name: Credit Risk Solutions.
The provider of outsourced loan fulfillment and due diligence services for mortgage lenders,...
Promontory MortgagePath Announces Three Executive Hires
Promontory MortgagePath, a provider of next-generation mortgage technology and loan fulfillment services, recently announced three senior-level additions to expand its relationship management and sales...
CoreLogic: U.S. Home Prices Increased 1.2% in April
U.S. home prices continued to rise in April, increasing 1.2% compared with March and 6.9% compared with April 2017, according to CoreLogic’s home price...
Calyx Software Names David McLeod National Sales Manager
David McLeod has joined Calyx Software, a provider mortgage origination software, as national sales manager.
McLeod has 25 years of sales and management experience, having...
Black Knight Acquires HeavyWater, an AI and Machine Learning Solution
Recognizing that artificial intelligence will be playing an increasingly prominent role in delivering an automated, all-digital online mortgage process, mortgage software, data and analytics...
Pavaso Names Cheryl Baillis Executive Vice President of Operations
Cheryl Baillis has joined mortgage closing technology firm Pavaso as executive vice president of operations.
Baillis has more than 20 years of mortgage industry experience....
Amy Brandt: The Technology For a True End-To-End E-Closing Exists Right Now
PERSON OF THE WEEK: The mortgage industry has been striving for an all-digital mortgage process for a number of years now, particularly on the...
Finicity’s Verification of Assets, Mortgage Cadence Now Integrated
Finicity’s Verification of Assets solution is now integrated with Mortgage Cadence, an Accenture (ACN) company and loan origination platform.
Lenders can shave up to six days...
Lack of Wage Growth, Rising Home Prices Driving Down Affordability
Wage growth is not keeping pace with home price appreciation, which, combined with rising interest rates, is creating a scenario in which “affordability is...
Low Defect Index Reflects Strong Underwriting
The April 2018 First American Loan Application Defect Index – a proprietary score that measures the frequency of defects, fraudulence and misrepresentation in the...
Florida Sees Increased Demand for Single-Family Homes
In April, Florida's housing sector reported more closed sales, higher median prices and more new listings from owners ready to enter the market, according...
Don’t Expect Home Prices To Slow Down: S&P Dow Jones Indices
Over the last 12 months, home prices have continued their rise across the country, according to the March 2018 results from the S&P CoreLogic Case-Shiller...
It’s Been 12 Years Since Home Prices Have Appreciated This Quickly: Zillow
National median home values are rising at their fastest pace in 12 years, according to findings from the the April Zillow Real Estate Market...
ARM Share Jumped to Highest Level Since June 2014
Lenders’ average time to close is expected to continue to decrease as they leverage digital mortgage solutions and, as a result, gain improved efficiency.
Better Mortgage Expands U.S. Reach
Digital mortgage company Better Mortgage is expanding to service home buyers in Michigan, bringing the total number of states in which the company originates...
Executive Shake-up at Impac Mortgage Holdings
Irvine, Calif.-based Impac Mortgage Holdings Inc., a provider of mortgage lending and warehouse lending solutions, has announced that its chief financial officer (CFO), Todd...