CMPS Institute Using Optimal Blue’s Real-Time Pricing To Increase Accuracy
CMPS Institute, a national organization that certifies mortgage bankers and brokers, has selected Optimal Blue as its partner to provide loan officers with highly...
Roostify Hires Sandeep Aji To Further Enhance Its Mortgage Automation Platform
In order to further enhance its technology platform, as well as to enable more API-driven capabilities for lenders, Roostify, a provider of automated mortgage...
Freddie Mac: Average Rate For A 30-Year Mortgage Hit New Low For 2017
Mortgage rates dipped slightly during the week ended June 1, with the average rate for a 30-year, fixed-rate mortgage (FRM) falling to 3.94%, down...
Fannie Mae Hits $1 Trillion CRT Milestone
Fannie Mae reports that it has offloaded the credit risk on mortgage pools totaling more than $1 trillion in unpaid principal to private investors...
MBA: Mortgage Applications Fell 3.4%
Mortgage application volume fell 3.4% during the week ended May 26, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey.
Applications for refinances...
NAR: Pending Home Sales Fell 1.3% In April, Due Mainly To Weak Supply
Pending home sales decreased 1.3% in April compared with March and decreased 3.3% compared with April 2016, according to the National Association of Realtors' (NAR)...
Optimal Blue Adds Third-Party Oversight To Its Offerings With Purchase Of Comergence
Optimal Blue, offering mortgage pricing and hedging software, has acquired mortgage compliance software firm Comergence Compliance, thus significantly expanding its offerings.
Founded in 2008, Comergence...
Parkside Lending Adds Three New Sales Professionals In New York
Mortgage lender Parkside Lending recently added three new professionals to its team in New York.
Rich Bloom, who has 31 years of mortgage experience, including...
Case-Shiller: U.S. Home Prices Increased 0.3% In March
U.S. home prices continued their upward climb in March, rising 0.3% on an adjusted basis compared with February and rising 5.8% compared with March...
Mortgage Volume Was Abysmal In Q1
How well did mortgage lenders do during the first quarter, volume-wise?
In a word: abysmal.
At least, when compared with recent past quarters.
A little over 1.4...
Docutech Opens New Office In Scottsdale, Ariz.
In order to support its growth initiatives, Docutech, a provider of document and compliance technology for the mortgage industry, has opened a new office...
What Are Mortgage Companies Doing To Help Borrowers With Limited English?
"What?"
The Federal Housing Finance Agency (FHFA) is seeking feedback from mortgage lenders and servicers to learn more about what they are doing to help...
Mid America Buys E-Note From First Fully Electronic Closing In North Carolina
Mid America Mortgage Inc. reports that it has purchased the e-note from North Carolina’s first e-mortgage transaction, which took place earlier this month.
It was...
Black Knight: U.S. Home Prices Increased 1.3% In March
U.S. home prices hit another new peak in March, rising 1.3% compared with February and 5.8% compared with April 2016, according to Black Knight...
Arch MI Promotes Valerie Ausband To SVP, Field Sales
Valerie Ausband has been promoted to senior vice president for field sales for Arch Mortgage Insurance Co. (Arch MI).
Ausband, who has more than 20...
Indecomm’s IncomeGenius Now Integrated With Advanced Data’s Income Tax Verification Service
In case you didn't notice, integrations among software platforms of all types are running rampant through the mortgage industry. And, in many cases, these...
Guild Mortgage Launches Conventional Loan Program Requiring Only 1% Down
Guild Mortgage has launched a new conventional loan program that requires only a 1% down payment from the borrower.
The new program combines a borrower’s...
MBA: Applications For Refinances Jumped 11% On Slightly Lower Mortgage Rates
Mortgage application volume jumped 4.4% during the week ended May 19, with most of the increase stemming from an 11% week-over-week spike in applications...
NAR: Existing-Home Sales ‘Stymied’ By Low Inventory In April
Existing-home sales were at a seasonally adjusted annual rate of about 5.57 million in April - down 2.3% from a downwardly revised estimate of...
FormFree Hires Ann Fulmer As Chief Strategy And Industry Relations Officer
Loan quality subject matter expert and analyst Ann Fulmer has joined asset verification solutions provider FormFree as chief strategy and industry relations officer.
A nationally...