Tuesday, December 24, 2024

Residential Mortgage

NAR Unveils 10 Top Housing Hot Spots for 2025

The National Association of Realtors (NAR) has unveiled its 10 Top Housing Hot Spots for 2025, which uses economic, demographic and housing factors to...

AmeriCU Credit Union Shifting to VantageScore 4.0 for Mortgages

AmeriCU Credit Union, serving more than 167,000 members throughout central and northern New York, is shifting to VantageScore 4.0 for mortgages. The migration to VantageScore...

Blue Sage Becomes First LOS to Fully Integrate Fannie Mae Income Calculator 

Mortgage technology provider Blue Sage Solutions reports that it is the first loan origination system (LOS) to fully integrate Fannie Mae's Income Calculator. This API-enabled...

Mortgage Rates Fell for a Third Straight Week

Mortgage rates decreased for a third straight week as the average rate for a 30-year fixed-rate mortgage dropped to 6.6%, down from 6.69% last...

Mortgage Lock Volume Fell 15 Percent in November on Higher Rates

Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT). While the market exhibited relative stability...

Realtor.com Reveals its Top Housing Markets for 2025

Colorado Springs, Colo., is Realtor.com’s Top Housing Market for 2025, a list of the top 100 housing markets that are forecast to see increased...

First American Adds Real-Time Fraud Detection to AgentNet Services

First American has released Order Insights, a real-time, transaction-based fraud alert system available to its policy-issuing title agents. Fraud continues to challenge the real estate...

Applications for Refinances Surged Last Week on Slightly Lower Rates

Mortgage application volume increased 5.4% on an adjusted basis during the week ended December 6, as the average rate for a 30-year, fixed-rate mortgage...

Vice Capital Markets Signs 50th Investor to Whole Loan Trading Platform

Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, reports that it has added its 50th investor to...

Mortgage Lock Volume Fell in November But Was Up Year Over Year

Mortgage rate lock volume dropped 25% in November compared with October but was up 12% compared with November 2023, according to Optimal Blue's Market...

Mortgage Credit Availability Tightened in November

Mortgage credit availability decreased in November, falling 3.3% compared with October to a score of 95.9 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...

Refinance Volume Jumped as Borrowers ‘Ditched Their Newly Acquired Mortgages’

Mortgage refinance volume surged in September and October, as borrowers took advantage of rates in the low 6% range, ICE Mortgage Technology’s Mortgage Monitor...

Newfi Lending Adds Calculator to Redesigned Website

Newfi Lending has launched a redesigned website that features a new calculator that aims to simplify the decision-making process for customers when researching their...

Consumers Had a Rosier View of the Housing Market in November 

Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 on the Fannie Mae Home Purchase Sentiment Index. In...

CoreLogic: Home Equity Gains Slowed in the Third Quarter

U.S. home equity continued to rise in the third quarter, increasing by $425 billion, or 2.5%, to a record $17.5 trillion, according to CoreLogic’s Homeowner...

Unemployment Rate Flat at 4.2 Percent as U.S. Economy Adds 227,000 Jobs in November

Roughly 227,000 jobs were added to the U.S. economy in November, above expectations, while the unemployment rate was flat at 4.2%, according to the...

Rocket Mortgage Seeks to Have Appraisal-Related DOJ Lawsuit Dismissed

Rocket Mortgage reports that it has filed a suit in Federal District Court against the U.S. Department of Housing and Urban Development (HUD) to...

Calque Promotes Chandra Srivastava to Chief Revenue Officer

Chandra Srivastava has been promoted to chief revenue officer (CRO) at Calque, a fintech company providing “buy before you sell” solutions for established mortgage...

Voxtur Now Integrated With MeridianLink

Voxtur Analytics Corp., a provider of real estate technology solutions, is now integrated with MeridianLink Inc., a provider of software platforms for financial institutions...

Mortgage Rates Fall for a Second Straight Week

Mortgage rates decreased for a second straight week, as the average rate for a 30-year fixed-rate mortgage fell to 6.69%, down from 6.81% last...