MBA: Mortgage Applications Decrease While Rates Inch Higher
Mortgage applications decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week...
Guild Mortgage Launches FHA Solar Program for Next-Gen Home Buyers
Independent mortage lender Guild Mortgage has announced FHA Solar, a new program that will allow home buyers to include solar panels in their mortgage...
Hyland Introduces Solution for Simplified Digital Lending Process
Software solutions provider Hyland has introduced a new solution for financial institutions, Brainware for Lending.
According to Hyland, Brainware for Lending is a template-free extraction...
TMS Acquiring LoanLogics’ Non-Core MSR Consulting Products
Transformational Mortgage Solutions (TMS), a provider of management consulting services for the mortgage industry, is acquiring LoanLogics' non-core MSR consulting products and re-branding LoanLogics'...
Ellie Mae Rolls out New Solution in Support of ‘True Digital Mortgage’
Ellie Mae has introduced Encompass Investor Connect, which establishes secure system-to-system workflows between lenders and correspondent investors - in turn, ensuring the delivery of accurate,...
Carrington Retail Group Beefs Up Executive Team
Carrington Holding Co. is expanding the leadership team of the Carrington Retail Group (CRG), the company's direct-to-consumer division that integrates real estate, lending and...
Housing Starts Dipped 3.7% in April, But Were Up 10.5% Compared with Last Year
“The annual increase sends an optimistic message for the housing market as it signals some relief for the housing shortage.”
Resitrader Adds New Features to its Whole Loan Trading Platform
Resitrader has added new features to its whole loan trading platform, including a highly configurable eligibility engine that enables sellers to identify loan characteristics...
Mid America Mortgage Expands Relationship with Spectrum Mortgage Holdings
Mid America Mortgage Inc. reports that it has expanded its relationship with Spectrum Mortgage Holdings to offer warehouse lines of credit in conjunction with...
Marc Hinkle Promoted to Managing Director of Assurant Valuations
Marc Hinkle has been promoted to managing director of Assurant Valuations, a title, valuation and settlement services company and a division of Assurant Inc., a...
John Vong: TRID 2.0 Will Require Significant Revisions to Existing Software
PERSON OF THE WEEK: Despite the recent turmoil in the leadership ranks of the Consumer Financial Protection Bureau (CFPB) and the ongoing possibility of...
PRMI Opens New Branch in Seattle
Primary Residential Mortgage Inc. (PRMI) recently announced the opening of a new retail location in Seattle.
The new brick-and-mortar branch - the 11th PRMI has opened in Washington...
Freddie Mac Hires John Krenitsky as SVP and Chief Compliance Officer
John Krenitsky has joined Freddie Mac as senior vice president and chief compliance officer.
Krenitsky has more than two decades of experience in the global...
MBA: Applications For Mortgages For New Home Sales Sank 5% in April
Applications for mortgages for new home purchases decreased 5% in April compared with March but were up 7.5% compared with April 2017, according to...
Freddie Mac: Mortgage Rates Seeing ‘Minimal Movement’
Mortgage rates were more or less flat during the week ended May 10, with the average rate for a three-year fixed-rate mortgage (FRM) averaging...
MBA: Mortgage Application Volume Dipped Slightly
Mortgage application volume decreased 0.4% during the week ended May 4, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey.
Applications for refinances...
2018 Sees Strongest Start For Home Price Appreciation Since 2005
Median home prices rose by 1.24% nationally since the start of 2018, with both January and February having their strongest respective single-month growth rates in 13 years.
MBA: Mortgage Credit Availability Flat in April Compared with March
Mortgage credit availability was flat in April compared with March, staying pinned at a score of 177.9 on the Mortgage Bankers Association’s (MBA) Mortgage...
MIAC Facilitating Sale of Mortgage Portfolio with $2.24B in UPB
Mortgage Industry Advisory Corp. (MIAC) is facilitating the sale of a portfolio of performing agency/government mortgage loans with unpaid principal balance of about $2.24 billion.
About...
Mark Hughes: Growing Non-QM Market Bodes Well for Due Diligence Firms
PERSON OF THE WEEK: Mark Hughes is chief operating officer of New Diligence Advisors (NDA), a new national mortgage due diligence firm backed by...