CoreLogic: Mortgage Application Fraud Risk Up Slightly In Q2
The risk of fraud in mortgage applications increased in the second quarter, rising to a score of 133 on CoreLogic’s National Mortgage Application Fraud...
Embrace Home Loans Taps Patrick Mullen To Head Up Recruiting
Mortgage industry veteran Patrick Mullen recently joined Embrace Home Loans as director of recruiting.
Mullen has more than 20 years of experience in executive search...
Freddie Mac: Average 30-Year Rate Fell Four Basis Points
Mortgage rates dipped slightly this past week, with the average rate for a 30-year fixed-rate mortgage (FRM) falling to 3.92%, down from 3.96%, according...
Mortgage Network Hires Laurie Souza As National Business Development Manager
Laurie Souza recently joined Mortgage Network Inc. as a national business development manager.
Souza has more than 25 years of retail and correspondent lending experience,...
Loan Vision Hires Dallas Davidson As Consultant
Dallas Davidson has joined Bestborn Business Solutions, developer of the mortgage accounting platform Loan Vision, as a consultant.
Davidson has prior experience with Microsoft Dynamics...
Fed To Begin Quantitative Tightening ‘Relatively Soon’
Balance sheet normalization will likely commence before year's end, 'provided that the economy evolves broadly as anticipated.'
New Home Sales Increased In June, But Lack Of Inventory Is Still A Concern
New home sales were at a seasonally adjusted annual rate of about 610,000 in June, an increase of 0.8% compared with a revised rate...
Castle & Cooke Mortgage Has Opened 14 New Branches So Far In 2017
Retail lender Castle & Cooke Mortgage reports that it has added 14 new branches across the U.S. so far in 2017, representing a 33%...
MBA: Applications For Purchases Decreased 2%
Mortgage application volume increased 0.4% on an adjusted basis during the week ended July 21, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
Guild Mortgage Reports Record Volume For First Half
Guild Mortgage reports that it originated $7.3 billion in mortgage loans - about $5.9 billion of which was purchase loans - during the first...
Case-Shiller: U.S. Home Prices Continued To Rise In May, But There Is No Bubble
U.S. home prices continued their upward climb in May, rising 0.2% on an adjusted basis compared with April and increasing 5.6% compared with May...
Bay Equity Home Loans Hires Chris Carbonaro As Area Sales Manager
Chris Carbonaro recently joined Sausalito, Calif.-based Bay Equity Home Loans as an area sales manager for the Danville, Calif., branch.
Specifically, Carbonaro will focus on...
Waterstone Mortgage Hires Industry Veteran Pete Salamone As Regional Manager
Mortgage industry veteran Pete Salamone recently joined Waterstone Mortgage as a regional manager overseeing the company's growth and recruiting efforts in the southeastern Wisconsin...
NAR: Existing-Home Sales Fell Again In June As Inventory Remained Low
Existing-home sales were at a seasonally adjusted annual rate of 5.52 million in June, a decrease of 1.8% compared with about 5.62 million in...
Home Affordability Heavily Affected by a Lack of Inventory
First American’s proprietary Potential Home Sales model for the month of June 2017 shows that a supply and demand imbalance continues to put upward...
Median U.S. Home Value Surpasses $200k for the First Time
According to the June Zillow Real Estate Market Reports, the national median home value is now $200,400, up about 7.5% since this time last...
KeyStoneB2B Debuts Platform for Facilitating Title and Docs
KeyStoneB2B says it has developed a new title product that will facilitate the title order, title close, and borrower and seller closing disclosures during...
LendingTree Names New Head of Mortgage
Online loan marketplace LendingTree says Sam Mischner has been promoted to chief sales officer and head of mortgage after previously serving as senior vice...
Fannie Mae: Slowdown Likely in Second Half
Expectations for 2017 economic growth remain at 2.0% amid a projected second-half slowdown, according to the Fannie Mae Economic & Strategic Research (ESR) Group's...
Purchase, Refi Origination Volumes Held Steady in June
According to the June “Origination Insight Report” from Ellie Mae, the percentage of purchase home loans relative to refinances remained steady at 68% of...