Castle & Cooke Mortgage Opens New Branch in the Atlanta Market
Castle & Cooke Mortgage, an independent mortgage lender with locations across the U.S., has opened a new branch in the Atlanta market, its second branch opening this...
CoreLogic Integrates Fraud and Income Verification Solutions with LendingQB
CoreLogic’s fraud and income verification solutions are now integrated with LendingQB’s loan origination system, thus enabling mortgage lenders using LendingQB to streamline their underwriting...
Ellie Mae: Average Number of Days to Close a Mortgage Increased in December
The refinance share of mortgage activity increased to 40% of all loans in December, according to Ellie Mae’s monthly Mortgage Origination Insights Report.
That’s up...
Mortgage Applications Increased 4.1%
After increasing 8.3% the previous week, total mortgage application volume increased 4.1% on an adjusted basis during the week ended Jan. 12, according to...
Doug Duncan: Housing Market Fundamentals Won’t Change Much in 2018
Lack of supply was a huge factor impacting the housing market in 2017 and we can expect more of the same in the coming year, Fannie Mae's chief economist tells MortgageOrb.
NAR Undergoes Major Restructuring to Achieve New Efficiencies
As part of a major restructuring that should result in new operational efficiencies, the National Association of Realtors (NAR) has merged its government affairs and...
Total Expert Taps Sue Woodard as Chief Customer Officer
Sue Woodard recently joined Total Expert, a marketing, co-marketing and CRM platform for the mortgage and financial services industries, as chief customer officer.
Woodard was previously...
Urban Institute: ‘Significant Space’ to ‘Safely Expand the Credit Box’
Mortgage credit availability increased from 5.1% to 5.6% during the third quarter, according to the Urban Institute’s Housing Finance Policy Center’s credit availability index...
Applications for Mortgages for New Home Sales Down 18% in December
Applications for mortgages for new home sales decreased 18% in December compared with November, as the effects of hurricanes Harvey, Irma and Maria, which...
HUD Appoints Four to Key Leadership Roles
J. Paul Compton Jr. has been appointed to lead the U.S. Department of Housing and Urban Development’s (HUD) Office of General Counsel, which provides...
New Year Resolution: Instant Property Reports
BLOG VIEW: As 2017 ends and we look to the fresh start of a new year, it is important to think about all of...
Jacqueline M. Welch Promoted to Head of HR, Chief Diversity Officer at Freddie Mac
Jacqueline M. Welch has been promoted to head of the human resources, diversity and inclusion (HRDI) division and chief diversity officer (CDO) at Freddie...
Guild Mortgage Acquiring Cornerstone Mortgage
Independent mortgage lender Guild Mortgage is expanding its footprint in the Midwest with the planned acquisition of St. Louis, Mo.-based Cornerstone Mortgage Inc.
Terms of...
Freddie Mac: Mortgage Rates Moved Up As 10-Year Reached Highest Point Since March
Mortgage rates moved upward during the week ended Jan. 11, with the average rate for a 30-year, fixed-rate mortgage (FRM) reaching 3.99%, up from...
Roostify Hires Adnan Habib as VP of Engineering
Adnan Habib recently joined Roostify, which provides a digital loan processing platform, to lead the software firm’s growing product delivery team.
Habib has more than...
TD Bank Hires Rick Bechtel and Scott Lindner for its Growing Mortgage Business
As part of its strategic commitment to grow its mortgage business in 2018, TD Bank has hired Rick Bechtel as executive vice president, head...
Indecomm Adds New Capabilities to its Automated Income Verification Solution
Indecomm Global Services says it continues to upgrade its IncomeGenius automated verification solution with new features and capabilities.
The latest version offers users - including...
HomeFundMe Takes Crowdfunding for Down Payments to the Next Level with Affinity Portal
HomeFundMe, a crowdfunding platform that helps home buyers come up with a down payment, has launched Affinity Portal, a new program allowing employers to...
Mortgage Credit Tightened in December
Mortgage credit availability decreased 1.8% in December compared with November to a score of 179.2 on the Mortgage Bankers Association’s (MBA) Mortgage Credit Availability...
Castle & Cooke Mortgage Opens New Branch in Spanish Fork, Utah
Castle & Cooke Mortgage, an independent mortgage lender with locations across the U.S., has expanded its footprint in Utah with the opening of a...