MBA: Mortgage Applications Jumped Nearly 10% Labor Day Week
Applications for purchases increased 11% compared with the previous week, while applications for refinances increased 9%.
Factual Data Promotes Jay Giesen to President
Jay Giesen has been promoted to president at Factual Data, a provider of credit and verification services to the mortgage industry.
Giesen has been with...
Scott Arnold Promoted to SVP of Finance and Administration at DIMONT
Scott Arnold has been promoted to senior vice president of finance and administration at DIMONT, a provider of insurance claims adjusting and collateral loss...
MBA: Mortgage Credit Loosened in August
Mortgage credit availability increased slightly in August compared with July, rising 0.7% to a score of 180.2 on the Mortgage Bankers Association’s (MBA) Mortgage...
CoreLogic: Home Prices Kept on Rising in July
U.S. home prices increased 0.9% in July compared with June and increased 6.7% compared with July 2016, according to CoreLogic.
The Western states led the...
Significant Percentage of Mortgages Carry Co-Borrowers
The Q2 2017 U.S. Residential Property Loan Origination Report from ATTOM Data Solutions found that 22.8% of all purchase loan originations on single-family homes...
Home Point Names Ross Gloudeman Chief Compliance Officer
Mortgage origination and servicing organization Home Point Financial Corp. has appointed Ross Gloudeman the company’s chief compliance officer.
Gloudeman has 10 years of experience providing...
Rebrand: Black Knight, Minus the ‘Financial Services Inc.’
One of the mortgage industry’s most prominent technology and analytics providers, Black Knight Financial Services Inc., is rebranding itself a bit following planned shareholder...
Freddie Mac Provides New CRT Pricing Disclosures
Freddie Mac says it is making available pricing and deal terms for all Agency Credit Insurance Structure (ACIS) and Whole Loan Securities (WLS) transactions...
Encompass Users Gain Access to Land Gorilla
Land Gorilla’s construction loan management cloud-based software is now available through Ellie Mae's Encompass mortgage management solution, allowing Encompass customers to manage their renovation,...
Pending Homes Sales Remain Sluggish
Pending homes sales fell in July for the fourth time in five months, as only the West saw an increase in contract activity, according...
Ellie Mae Acquires Velocify
Ellie Mae has signed an agreement to acquire Velocify, a company that provides sales lead management technology and tools, in order to help facilitate...
Bankrate: Mortgage Rates Are at a Low for 2017
According to Bankrate.com's weekly national survey, mortgage rates fell to their lowest level of the year, with the benchmark 30-year fixed mortgage rate now...
The Mortgage Collaborative Using Resitrader’s Secondary Platform
Resitrader Inc., an online exchange for whole loan trading in the secondary mortgage market, says it will be providing the Resitrader platform as a...
LoanScorecard Enhances Tech to Better Connect TPOs, Wholesalers
LoanScorecard, a provider of automated underwriting and compliance solutions, says new turnkey web features for its Portfolio Producer online product distribution system will enable...
S&P CoreLogic Case-Shiller Index at All-Time High
S&P Dow Jones Indices has released the latest results for the S&P CoreLogic Case-Shiller Indices, which shows that in June 2017, home prices continued...
Clayton Debuts Private-Label Securitization Readiness Offering
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services, says it is now offering a...
MortgageHippo Taps Optimal Blue’s API to Enhance Originations
MortgageHippo has partnered with Optimal Blue to help clients deliver a transparent borrower experience with accurate loan programs and rates in real time using...
Is the Adjustable-Rate Mortgage Making a Comeback?
During the past decade, home buyers have mostly preferred fixed-rate mortgages (FRMs) over adjustable-rate mortgages (ARMs). Proof of this is the precipitous drop in...
Jet Direct Funding Debuts Wholesale Mortgage Lending Business
Mortgage lender Jet Direct Funding says that following a recent pilot testing period, it is launching a wholesale lending channel and accepting broker applications...