Fairway Independent Mortgage Promotes Carrie Guarrero to President of Fairway Ignite
Carrie Guarrero has been promoted to the role of president of Fairway Independent Mortgage Corp.’s coaching platform, Fairway Ignite.
Guarrero has participated in various coaching...
Zillow Home Loans Rolling Out New Tool to Help Borrowers Assess Affordability
Zillow Home Loans is introducing a new tool that helps borrowers assess how much home they can afford.
The new tool, BuyAbility, gives buyers a...
Planet Home Lending Names Bill Shuler Chief Information Officer
Bill Shuler has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president, chief information officer.
Shuler has more...
First American: Rising Inventory in April Had Little Effect on Home Prices, Affordability
A combination of increased listings and weakening affordability continued to dampen home price appreciation in April – a trend that will likely to continue,...
Ben Rempe Tapped as President of myCUmortgage
Ben Rempe has been named president of mortgage services provider myCUmortgage, effective June 3.
myCUmortgage is a credit union service organization (CUSO) and wholly owned...
Redfin: New Home Sales Continue to Represent One-Third of All Home Sales
One-third (33.4%) of single-family homes for sale in the U.S. in the first quarter were newly built, according to a Redfin report.
Although that is...
New and Active Listings Increased in April as Home Prices Continued to Rise
The median U.S. home sale price increased 6.2% year over year in April to $433,558 — the highest level on record, according to Redfin.
Today’s...
Mortgage Advisory Firms STRATMOR Group and Teraverde Have Merged
STRATMOR Group and Teraverde have merged to create a powerhouse mortgage advisory firm poised to serve clients across entire mortgage banking spectrum.
Both firms will...
VantageScore Releases New Credit-Scoring Model, VantageScore 4plus
VantageScore has released the newest version of its credit-scoring model, VantageScore 4plus.
The new version combines the power of alternative open banking data with traditional credit...
Asurity Technologies Taps Brad Vasto as SVP, Sales
Brad Vasto has joined Asurity Technologies, which offers consumer lending compliance software and advisory services, as senior vice president - sales.
Vasto has more than...
43 Percent of Recent Homebuyers Have Struggled to Make Mortgage Payments on Time
Forty-four percent of recent home buyers have had to take on additional debt to maintain their lifestyle, and 43% have struggled to make mortgage...
Snapdocs’ eVault and SitusAMC’s ProMerit Now Integrated
Snapdocs eVault is now integrated with SitusAMC’s ProMerit platform, allowing warehouse lenders to manage e-note transactions seamlessly and securely from within their warehouse lending...
Mortgage Rates Decrease for a Second Consecutive Week
The average rate for a 30-year fixed-rate mortgage fell to 7.02% this week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS).
A year ago...
FHFA Announces New CIO, CFO
Luis Campudoni has been named chief information officer for the Federal Housing Finance Agency (FHFA) while Mary Peterman has been named chief financial officer.
Campudoni...
Clear Capital’s Suite Now on Dark Matter’s Exchange Service Network
Clear Capital's suite of valuations solutions is now available through Dark Matter’s Exchange Service Network, an API marketplace for mortgage lenders, servicers and service...
OneTrust Home Loans Using LenderLogix’ Fee Chaser to Streamline Operations
OneTrust Home Loans is now using LenderLogix' Fee Chaser product to streamline its operations and compliantly collect upfront fees from its borrowers.
Fee Chaser's direct...
Mortgage Applications Inched Up Slightly Last Week, Driven by Rise in Refis
Mortgage application volume increased 0.5% during the week ended May 10, as the average rate for a 30-year, fixed-rate mortgage dropped to 7.08%, down...
Dark Matter Taps Vikas Rao as Deputy Chief Product Officer
Vikas Rao has joined Dark Matter Technologies as deputy chief product officer.
Rao has over 15 years of experience in software engineering, product management and...
Redfin: Demand for Vacation Home Mortgages Dropped 40 Percent in 2023
Demand for vacation-home mortgages fell 40% in 2023 as the average U.S. home price surged to a record high, Redfin reports.
Austin and the Bay...
LERETA Promotes Mitch Bledsoe to Chief Technology Officer
Mitch Bledsoe has been promoted to chief technology officer for LERETA, which provides real estate tax and flood services for mortgage servicers.
Bledsoe, who joined...