Optimal Blue Names Joe Tyrrell CEO
Joe Tyrrell is the new CEO of Optimal Blue, a provider of secondary marketing software.
Tyrrell succeeds interim CEO Scott Smith of Optimal Blue's parent...
Mortgage Rate Lock Volume Increased 6.78 Percent in May
Mortgage rate lock volume increased 6.78% in May compared with April, according to Mortgage Capital Trading Inc. (MCT), which offers mortgage capital markets technology.
As...
Finastra Named a Preferred Partner by BlackFin
Mortgage consultancy BlackFin has named Finastra, a provider of financial software applications and marketplaces, a preferred partner.
As a preferred partner, Finastra will collaborate closely...
Strong Jobs Report Keeps Inflation Concerns High
The U.S. economy added 272,000 jobs in May - above expectations - but the total number of unemployed increased to 6.6 million, raising the...
Homeowners With Mortgages Continue to See Strong Equity Gains
Due to rising home prices, U.S. homeowners with a mortgage gained an average of $28,000 in equity during the past year, according to CoreLogic.
That’s...
Mortgage Rates Dipped This Week as Average Rate for 30-Year Hovers at 7 Percent
Mortgage rates dipped this week, with the average rate for a 30-year fixed-rate mortgage dropping to 6.99%, down from 7.03% last week, according to...
Mortgage Credit Increased Slightly in April But Remains Near Historic Lows
Mortgage credit availability increased 0.1% in May compared with April, rising to a score of 94.1 on the Mortgage Bankers Association's (MBA) Mortgage Credit...
Starwood Capital Group Hires Matt Smith as a Managing Director
Matt Smith has joined Starwood Capital Group, a global private investment firm with a primary focus on real estate, as managing director, head of...
ICE: U.S. Home Price Growth Cooled in April
U.S. annual home price growth cooled in April, falling to 5.1% - down from a revised 5.7% in March and down from 6.1% in...
Mortgage Applications Fell 5.2 Percent as Average Rate for 30-Year Hovers Above 7 Percent
Mortgage application volume sank 5.2% during the week ended May 31, as the average rate for a 30-year, fixed-rate mortgage increased to 7.07%, up...
LenderLogix FeeChaser Selected by American Pacific Mortgage
American Pacific Mortgage is using LenderLogix' Fee Chaser solution to efficiently and compliantly collect initial mortgage-related fees from borrowers.
The seamless integration of Fee Chaser...
Income and Employment Verifications Provider Truework Now Integrated with Empower LOS
Truework, which offers income and employment verification for mortgage lenders, is now integrated with the Exchange network of mortgage-specific service providers available to customers...
New York Community Bancorp Appoints Joseph M. Otting Chairman
Joseph M. Otting has been appointed to the additional role of executive chairman of the board of New York Community Bancorp, parent company of...
GO Mortgage and PacRes Mortgage Enter Merger Agreement
GO Mortgage, a national mortgage lender headquartered in Columbus, Ohio, and PacRes Mortgage, a national boutique lender operating in the West, have entered a...
Nations Reliable Lending Taps Steven Curtis as Chief Production Officer
Steven Curtis has joined Nations Reliable Lending (NRL Mortgage) as chief production officer.
Curtis has a wealth of expertise and a proven track record. Prior...
For Gen Z, Housing Affordability Is the Key Election Issue
According to a new survey and report from Redfin, 91% of adult Gen Zers say housing affordability is important when considering who they will...
MBA: Homebuyer Affordability Continued to Decline in April
Homebuyer affordability continued to erode in April, as the national median mortgage payment applied for by purchase applicants increased to $2,256, up from $2,201...
Depth PR Promotes Johnna Szegda to Vice President
Johnna Szegda has been promoted to vice president at Depth Public Relations, offering B2B marketing, public relations and reputation management services for technology companies...
Dark Matter Paves Easier Path to Assumable Mortgage With Enhancements to Empower LOS
Dark Matter Technologies has enhanced the Loan Assumptions feature in the Empower loan origination system (LOS) to make it easier for mortgage lenders and...
ACES Teams With Digilytics to Give Users Access to Advanced OCR Technology
ACES Quality Management (ACES), which offers enterprise quality management and control software for the financial services industry, is partnering with Digilytics to provide ACES...