Tuesday, November 5, 2024

Residential Mortgage

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...

Mortgage Capital Trading Hires Ian Miller as CMO

Ian Miller has joined mortgage hedge advisory and secondary marketing software firm Mortgage Capital Trading Inc. (MCT) as chief marketing officer. Miller has a proven...

Veros: U.S. Home Values Will Increase 4.2% in 2018

Valuations technology firm Veros is forecasting that U.S. home values will increase about 4.2% over the next year, with only 3% of markets expected...

MBA: Mortgage Application Volume Moved Upward New Year’s Week

Mortgage application volume increased an impressive 8.3% on an adjusted basis during the week ended Jan. 5, according to the Mortgage Bankers Association’s (MBA)...

Black Knight: U.S. Homeowners Had $5.4 Trillion in ‘Tappable’ Equity in Q3

More than 80% of U.S. homeowners with a mortgage had “tappable” equity in their homes as of the end of the third quarter, according...

Freddie Mac: Mortgage Rates Drop to Kick Off the New Year

Mortgage rates dropped to start the new year, with the average rate for a 30-year fixed-rate mortgage (FRM) falling to 3.95%, down from 3.99%...

Hippo Insurance Now Integrated with LendingQB

Hippo Insurance, a California-based "insurtech" company, is now integrated with LendingQB’s loan origination system (LOS), thus making ordering home insurance easier for mortgage lenders...

Scott McGregor Named Managing Director of American Title

Assurant, a provider of risk management solutions, has promoted industry veteran Scott McGregor to managing director of American Title Inc. (ATI), which Assurant acquired...

MBA: Total Mortgage Application Volume Fell During Last Two Weeks of 2017

Mortgage application volume fell 2.8% on an adjusted basis during the two weeks ended Dec. 29, according to the Mortgage Bankers Association's (MBA) Weekly...

Mortgage Lending Services Changes Name to TruStone Home Mortgage

In order to take advantage of the increased brand recognition of its parent company, TruStone Financial Federal Credit Union, Mortgage Lending Services has changed...

Mortgage Lender PRMI Opens New Branch in Hawaii

Primary Residential Mortgage Inc. (PRMI) reports that it has opened a new retail branch in Hawaii - its second on the island of Oahu. The...

LendingQB Integrates with Blend to Simplify the Mortgage Process

LendingQB’s mortgage loan origination system (LOS) is now integrated with Blend’s online mortgage processing platform. This integration will enable lenders using LendingQB’s LOS to easily...

CoreLogic: U.S. Home Prices Continued to Rise in November

U.S. home prices increased 1% in November compared with October and were up 7% compared with November 2016, according to CoreLogic’s home price index. Washington,...

FICS Updates Loan Producer for New HMDA Requirements

Mortgage software firm Financial Industry Computer Systems Inc. (FICS) recently completed a final set of enhancements to its Loan Producer loan origination system (LOS)...

First American: Risk of Defects in Mortgage Applications Flat in November

The overall risk of defects in mortgage applications was flat in November compared with October but was up 22.1% compared with November 2016, according...

Freddie Mac: Mortgage Rates on the Rise

Mortgage rates reached a five-month high this week, with the average rate for a 30-year fixed-rate mortgage (FRM) rising to 3.99%, up from 3.94%...

Pending Home Sales Up Slightly in November

Pending home sales increased 0.2% in November compared with October to reach a score of 109.5 on the National Association of Realtors (NAR) Pending...

Black Knight: Average U.S. Home Price Hit New Peak in October

U.S. home prices hit another new peak in October, with the average price reaching about $283,000 - an increase of 0.29% compared with September...

Vendor Surf Rolls Out New Search Engine For Mortgage Industry

To aid in the sourcing of vendor partners for mortgage operations, mortgage technology firm Vendor Surf has launched a new search engine that encompasses...

To Avoid Treasury Draw, FHFA Reinstates GSEs’ Capital Buffers at $3B Each

In order to avoid a possible taxpayer draw from the U.S. Treasury resulting from changes in the corporate tax code, the Federal Housing Finance...