Docutech Compliance Tool Linked with Cloudvirga
Cloudvirga’s mortgage automation platform is now integrated with Docutech’s document compliance solution, enabling fast and compliant delivery of disclosures.
By integrating Docutech’s flagship ConformX dynamic...
Fed Raises Rates 0.25%, Longer-Term Policy Unchanged
Citing that the “labor market has continued to strengthen” and that “economic activity has been rising at a solid rate,” the Federal Open Market...
John Ardy: Secondary Market Trading Getting Faster, More Granular with Technology
PERSON OF THE WEEK: In case you haven’t noticed, technology is completely changing how the secondary market operates - particularly with regard to speed...
Applications For New Home Purchases Up 12.2% Year Over Year in November
Applications for mortgages for new home purchases decreased 6% on an unadjusted basis in November compared with October but were up 12.2% compared with...
MBA: Mortgage Applications Fell 2.3%
Mortgage application volume fell 2.3% on an adjusted basis during the week ended Dec. 8, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
Planet Home Lending Hires Mike Lee as SVP of National Production
Mike Lee, a 15-year veteran of the residential mortgage business, has joined Planet Home Lending as senior vice president of national production.
Lee is also...
Credit Plus Introduces Business Intel Suite
Credit Plus, a provider of intelligent insight for mortgage professionals, has rolled out a set of commercial credit reports and verification services that can...
FHA No Longer Insuring New Mortgages with PACE Liens
In an effort to protect the protect the health of its Single Family Mutual Mortgage Insurance Fund (MMIF), the Federal Housing Administration (FHA) is...
FirstClose Now Integrated With Flagstar Bank’s MeridanLink LoansPQ LOS
FirstClose, a provider of technology solutions for mortgage lenders nationwide, has announced a partnership with Flagstar Bank that will provide Flagstar access to an...
Resitrader Integrates with Fannie Mae’s PE-Whole Loan Application
Resitrader Inc., an online exchange for whole loan trading in the secondary mortgage market, has completed full integration with Fannie Mae's Pricing & Execution-Whole...
DocMagic Opens High-Tech Print Facility to Help Handle ‘Fallout’
In a move that might seem antithetical to its mission of helping mortgage lenders achieve a fully digital mortgage process, DocMagic, a provider of...
CoreLogic: More than 13,000 Southern California Homes at ‘High Risk’ as Wildfires Rage
An analysis conducted by CoreLogic shows that the Thomas, Rye and Creek wildfires that are currently raging in Southern California have put more than...
HUD Raises FHA Loan Limits for 2018
Due to rising home prices, the U.S. Department of Housing and Urban Development (HUD) is raising the Federal Housing Administration (FHA) loan limits in...
MBA: Mortgage Credit Availability Increased in November
Mortgage credit availability increased 0.8% in November compared with October to reach a score of 182.4 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
Freddie Mac: Mortgage Rates Back on the Rise
Mortgage rates moved upward during the week ended Dec. 7, with the average rate for a 30-year fixed-rate mortgage (FRM) reaching 3.94%, up from...
Roostify Now Integrated with Black Knight’s Empower LOS
Roostify's automated mortgage transaction platform is now integrated with Black Knight’s LoanSphere Empower loan origination system (LOS).
The companies say this integration will add further...
Waterstone Mortgage Opens First Branch in Northern California
Waterstone Mortgage, offering a broad spectrum of loans in 43 states, recently opened a new branch in Concord, Calif.
The new office is led by...
Indecomm’s IncomeGenius Now Integrated with Lendsnap
Indecomm Global Services reports that its automated income verification solution, IncomeGenius, is now integrated with the Lendsnap point-of-sale solution, thus creating a faster and...
Tax Servicing an ‘Intricate Part of the Loan Servicing Industry’
There are more than 24,000 tax agencies or taxing authorities across the country - each with its own rules, processes and guidelines.
Mortgage Applications Took 4.7% Jump; Applications for Refinances Up 9%
Mortgage application volume increased an impressive 4.7% on an adjusted basis during the week ended Dec. 1, according to the Mortgage Bankers Association’s (MBA)...