Trump Taps Pam Patenaude To Become Next HUD Deputy Secretary
“Pam is an exceptional choice for the position," says David H. Stevens, president and CEO of the Mortgage Bankers Association
Freddie Mac: Mortgage Rates Back On The Rise
After hitting a low for the year, mortgage rates were back on the rise this week, with the average rate for a 30-year, fixed-rate...
New Home Sales Took Nice Jump In March
New home sales in March were at a seasonally adjusted annual rate of about 621,000, an increase of 5.8% compared with a revised rate...
QuickInsured Now Integrated With Ellie Mae’s Encompass
QuickInsured, an independent insurance agency specializing in the mortgage industry, reports that its homeowners insurance quote service is now available through Ellie Mae’s Encompass...
Primary Residential Mortgage Opens New Location In Miami
Primary Residential Mortgage Inc. (PRMI) reports that it has opened a new brick-and-mortar location in Miami.
The new location at The Crossings is under the...
Mortgage Capital Trading Adds Cara Krause As Regional Sales Director
Mortgage industry professional Cara Krause has joined Mortgage Capital Trading Inc. (MCT), a mortgage hedge advisory and secondary marketing technology firm, as regional sales...
MBA: Falling Mortgage Rates Caused Surge In Applications For Refinances
A surge in applications for refinances linked to a recent drop in mortgage interest rates caused mortgage application volume to increase 2.7% on an...
Optimal Blue Now Integrated With Total Expert’s Marketing/CRM Platform
Optimal Blue, which offers a "digital marketplace" of loan data and analytics, as well as loan pricing and mortgage hedging software solutions, is now...
Survey: Mortgage Lenders Anticipate Increased Purchase Volume In 2017
Despite a serious lack of inventory and increasing home prices, most mortgage lenders are predicting that mortgage purchase volume will increase in 2017 relative...
Case-Shiller: U.S. Home Prices Hit All-Time High In February
U.S. home prices increased 0.4% on an adjusted basis in February compared with January and increased 5.8% compared with February 2016, according to the S&P...
Equifax Revamps InterConnect Platform
Equifax Inc. reports that it recently redesigned its InterConnect platform, which mortgage lenders use for credit and risk decisioning.
InterConnect is a suite of four...
Black Knight: U.S. Home Prices Continued To Rise In February
U.S. home prices increased 0.8% in February compared with January and increased 5.7% compared with February 2016, according to Black Knight Financial Services' home price...
Alterra Home Loans Taps Gerry Fernandez As VP Of Sales
Mortgage industry veteran Gerry Fernandez recently joined Alterra Home Loans, the second-largest Hispanic-owned mortgage company and one of the fastest-growing origination firms, as vice...
Draper And Kramer Mortgage Hires Leslie Chappel As VP Of Lending
Leslie Chappel, a top-producing mortgage originator in the Louisville, Ky., area, has joined Draper and Kramer Mortgage Corp. (DKMC) as vice president of residential...
Freddie Mac: Weak Economic Data, Global Tensions Pushed Mortgage Rates Lower
Mortgage rates continued to drop during the week ended April 20, with the average rate for a 30-year, fixed-rate mortgage (FRM) hitting 3.97%, down...
NAR: Existing-Home Sales Sprung Up In March
Existing-home sales in March reached an annual pace of 5.71 million, up 4.4% from a downwardly revised 5.47 million in February and up 5.9%...
Black Knight: Prepayment Speeds Bounced Back In March
The mortgage delinquency rate in March was 3.62%, down 14.08% compared with February and down 11.40% to reach the lowest level in 11 years,...
PCLender, Mortgage Capital Trading Now Integrated
Mortgage hedge advisory and secondary marketing technology firm Mortgage Capital Trading (MCT) reports that it has integrated its secondary marketing solution with PCLender’s loan...
Impac Mortgage Raises $56 Million To Grow Its Non-QM Business
Impac Mortgage Holdings Inc. has raised $56.0 million by selling shares of its common stock in a registered direct offering to certain purchasers, the...
Average Number Of Days To Close A Mortgage Fell Again In March
Refinances fell to 37% of all loans flowing through Ellie Mae's Encompass loan origination system in March, the mortgage software firm reports in its...