Tuesday, November 5, 2024

Residential Mortgage

CoreLogic’s LoanSafe Risk Manager Now Integrated with INTEGRA Software Systems’ LOS

CoreLogic’s LoanSafe Risk Manager Suite is now integrated with INTEGRA Software Systems’ legacy Destiny loan origination system (LOS) and INTEGRA’s next generation, Web-based EPIC...

Old Republic National Title Insurance Goes Digital with Pavaso

Old Republic National Title Insurance Co. reports that it using Pavaso’s e-closing solution to process digital real estate transactions in its direct and national...

Mortgage Network Rolls Out New Jumbo Renovation Loan Program

Independent mortgage lender Mortgage Network has introduced a new jumbo renovation loan program that enables homeowners in Massachusetts, Connecticut and New Hampshire to finance...

UWM Expands its Virtual E-Closing Capabilities to 12 More States

United Wholesale Mortgage (UWM) has expanded the reach of its virtual e-closing capabilities to 12 more states. In addition, the service is now available for...

Mortgage Tech Firm OpenClose Announces Two New Hires

Julie Hoefs and Kenneth Kerfoot recently joined mortgage technology firm OpenClose. Hoefs has experience managing all aspects of mortgage loan processing, mortgage servicing and loan...

Housing Starts Jumped 9.7% in January, Production Forecast to Increase in 2018

Housing starts in January were at a seasonally adjusted annual rate of 1.326 million, up 9.7% compared with 1.209 million in December and up...

NAR: Existing-Home Sales Jumped in 4Q, But Affordability Continued to Decrease

Total existing-home sales - including sales of single family homes and condos - increased 4.3% in the fourth quarter compared with the third quarter...

Freddie Mac: 30-Year Reaches Highest Level Since 2014

Mortgage rates continued their upward climb this past week, with the average rate for a 30-year, fixed-rate mortgage rising to 4.38%, up from 4.32%...

House Approves TRID Improvement Act

The House of Representatives today voted 271 to 145 to approve the TRID (TILA-RESPA Integrated Disclosure) Improvement Act of 2017 (H.R. 3978), which would...

Fannie Mae Will Require Treasury Draw of About $3.7 Billion

Government-sponsored enterprise Fannie Mae saw a fourth quarter net loss of $6.5 billion and will require an infusion of capital from the U.S. Treasury...

Getting the Most Out of Your Regulatory Training

As regulations for the mortgage industry continue to evolve, leaders should carefully invest in the most meaningful training courses for their staff.

The Future of the Fed, Trump Style

BLOG VIEW: As he has with most of his appointments since taking office, President Trump has gone out of the norm with his choice...

MBA: Mortgage Application Volume Dipped; Interest Rates on the Rise

After increasing slightly the previous week, mortgage application volume fell 4.1% on an adjusted basis during the week ended Feb. 9, as the average...

MBA: Applications for Mortgages for New Home Sales Surged 34% in January

Applications for mortgages for new home purchases increased 34% on an unadjusted basis in January compared with December and were up 18.4% compared with...

MQMR Taps Mitchell Nomura as Internal Audit Manager

Mitchell Nomura has joined mortgage risk management and consulting firm Mortgage Quality Management and Research (MQMR) as internal audit manager. Nomura has more than 30...

Turning Loan Prospects Into Borrowers

BLOG VIEW: According to the National Survey of Mortgage Brokers (NSMB), about 50% of borrowers seriously considered more than one lender before choosing where...

Consumer Confidence in the Housing Market Jumped in January

Consumer confidence in the housing market improved in January, rising 3.7 points to a score of 89.5 on Fannie Mae’s Home Purchase Sentiment Index...

Docutech Taps Amy Brandt as CEO

Amy Brandt has been named CEO for Docutech, which provides document, e-sign, e-closing and compliance technology to the mortgage, home equity and consumer lending...

Waterstone Mortgage Promotes Ericka Smith to VP of Marketing

Ericka Smith has been promoted to vice president of marketing at Waterstone Mortgage, a national mortgage lender. Smith previously served as marketing manager. She has...

Freddie Mac: 30-Year at Highest Average Rate Since December 2016

Mortgage rates continued to climb during the week ended Feb. 8, with the average rate for a 30-year fixed-rate mortgage rising to 4.32%, up...