Fannie Mae: Consumer Confidence in the Housing Market Fell in February
Consumer confidence in the housing market fell 3.7 points in February to a score of 85.8 on Fannie Mae’s Home Purchase Sentiment Index (HPSI).
Results...
ATTOM: Home Flipping Hit 11-Year High in 2017
A total of 207,088 U.S. single-family homes and condos were flipped in 2017, up 1% from 204,167 in 2016 to reach the highest level...
MBA: Mortgage Credit Availability Fell in February
Mortgage credit availability decreased 1.2% in February compared with January to reach a score of 180.7 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability Index (MCAI).
A decrease...
Freddie Mac: Mortgage Rates Continue to Rise, 30-Year Hits 4.46%
Mortgage rates continued to climb during the week ended March 8, with the average rate for a 30-year fixed mortgage (FRM) rising to 4.46%,...
Sierra Pacific Mortgage Hires Christopher Schenk as a Retail Regional Manager
Christopher Schenk recently joined Sierra Pacific Mortgage Company Inc. as a retail regional manager.
Schenk has more than 20 years of mortgage experience. He will be covering...
Simplifile Now Approved as E-Notary Vendor in Arkansas
Simplifile, a provider of real estate document collaboration and recording technologies for lenders, settlement agents and counties, has been approved by the Arkansas Secretary...
NewDay USA Hires Garrison Foster as Senior Vice President
Garrison Foster has joined Veterans Affairs (VA) lender NewDay USA as senior vice president.
Foster has nearly 20 years of experience in financial services. He...
MBA: Mortgage Applications Increased 0.3%
After increasing 2.7% the previous week, mortgage application volume increased 0.3% during the week ended March 2, according to the Mortgage Bankers Association's (MBA)...
Streamlining the Mortgage Process – For Everyone
PERSON OF THE WEEK: Fintech company StreamLoan offers a mortgage point-of-sale (POS) solution that enables midsize lenders to quickly deploy an e-mortgage platform with full...
Promontory MortgagePath Announces Key Executive Hires
Colgate Selden has joined Promontory MortgagePath, a provider of next-generation mortgage technology and loan fulfillment services, as chief compliance officer.
In addition, Scott Doughty and...
Short Supply of Entry-Level Homes is Boosting U.S. Home Prices
U.S. home prices increased 0.5% in January compared with December and were up 6.6% compared with January 2017, according to CoreLogic’s home price index...
LenderClose Taps Brian Storey as Vice President of Business Development
Brian Storey recently joined LenderClose as vice president of business development.
Storey joins LenderClose from TMG Financial Services, where he most recently served as relationship manager....
PRMI Welcomes Mortgage Industry Veteran Mary Beth Henderson
Mary Beth Henderson recently joined Primary Residential Mortgage Inc. (PRMI) as a senior loan officer in the company’s Severna Park, Md., office.
“We are thrilled...
Black Knight: Rising Rates Could Impact Affordability for Lower-Priced Homes
How much will rising mortgage interest rates impact home affordability in 2018?
A recent analysis from Black Knight shows that rising rates will particularly impact...
Inlanta Mortgage Using LBA Ware’s CompenSafe to Automate LO Compensation
Wisconsin-based Inlanta Mortgage is using LBA Ware’s CompenSafe automated compensation calculation platform integrated with LendingQB’s cloud-based loan origination solution (LOS) to leverage real-time loan...
FHA Extends Foreclosure Moratorium for Properties in Puerto Rico
The Federal Housing Administration (FHA) has for a second time extended its foreclosure moratorium for properties in Puerto Rico and the U.S. Virgin Islands...
CoreLogic Releases Report Detailing Housing Market Cycle Since 2006
CoreLogic has released a new report detailing the housing market “boom and bust” cycle that has occurred during the past 11 years.
The report, “Evaluating...
Indiana General Assembly Passes E-Notarization Bill
The Indiana General Assembly this week passed legislation that will enable the state’s notaries to participate in online notarizations across the country.
The Indiana Remote...
Wolters Kluwer Touts Key Leadership Appointments
Art Tyszka has been promoted to the newly created position of vice president, partnerships and new product, at Wolters Kluwer.
In addition, Ed Shanks joins...
Freddie Mac: 30-Year Fixed Rate Mortgage Jumps For Eighth Consecutive Week
Mortgage rates continued to rise during the week ended March 1, with the average rate for a 30-year fixed-rate mortgage rising to 4.43%, up...