Friday, November 8, 2024

Residential Mortgage

United Wholesale Mortgage Rolls Out New Mortgage Portal

Mortgage lenders everywhere are deploying online portals where consumers can submit paperless applications and, with the advent of automated income and asset verification and...

Optimal Blue Launches New API Initiative And BI Tool

Optimal Blue has rolled out a new application programming interface (API) initiative that will enable an ecosystem of third-party developers serving Optimal Blue customers. “Our...

VASCO Data Security Launches New Digital Mortgage Solution, eSignLive

The Consumer Financial Protection Bureau’s recent implementation of the TILA-RESPA Integrated Disclosure (TRID) rule, along with tightening regulatory controls, has resulted in widespread demand...

Supreme Lending Opens Two New Branches In Tulsa, Okla., Area

Supreme Lending, a nationwide mortgage lender, has expanded its footprint in “Green Country,” Okla., with two new branches, one in Tulsa and the other...

Pending Home Sales Jumped 5.5% In February

Pending home sales jumped 5.5% in February to reach the highest level in nearly a year and the second-highest level in over a decade,...

Pavaso’s Digital Close Now Integrated With MRG’s Doc Prep Service

Pavaso Inc.'s Digital Close solution, which allows all parties in a mortgage transaction to communicate and work in one central location, is now integrated...

Mortgage Applications Fell 0.8% Despite Dip In Rates

Mortgage application volume fell 0.8% on an adjusted basis during the week ended March 24, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage...

First Community Mortgage Hires Christy Long Hoskins As SVP Of Strategy And CMO

Christy Long Hoskins has joined Murfreesboro, Tenn.-based First Community Mortgage (FCM) as senior vice president of strategy and chief marketing officer. Hoskins is currently Middle...

Guild Mortgage Launches All-Digital Mortgage Platform

San Diego-based Guild Mortgage is getting a leg-up on its competition with the launch of MyMortgage, a digital mortgage portal built on Roostify's secure,...

Home Prices Increased Again In January; Rising Rates Yet To Slow Appreciation

Home prices keep increasing, but at some point, rising interest rates will impact affordability and cause a leveling off.

Fintech Cloudvirga Raises $15 Million To Further Mortgage Automation Innovation

Mortgage automation software firm Cloudvirga reports that it has raised $15 million in Series B funding that it will use to scale its technology...

Mercury Network Acquires Appraisal Scope

Mercury Network, a provider of valuation technology to mortgage lenders and appraisal management companies (AMCs), has acquired Appraisal Scope Inc., a provider of valuation...

Matic Insurance Now Available Via PCLender

Matic Insurance Services is now integrated with PCLender, which means mortgage lenders using PCLender's loan origination system have seamless access for ordering homeowners insurance...

Mortech’s PPE Now Integrated With BeSmartee

Mortech’s product and pricing engine (PPE) is now integrated with BeSmartee's mortgage process automation platform. That means lenders using BeSmartee to deliver online e-mortgage capabilities...

Nations Lending Now Using Alight Mortgage Lending

Nations Lending Corp. is the latest mortgage lender to sign up for Alight Mortgage Lending, a continuous reforecasting solution. Alight Mortgage Lending is a cloud-based...

Black Knight: Home Prices Continued To Rise In January

U.S. home prices increased 0.1% in January compared with December and increased 5.4% compared with January 2016, according to Black Knight Financial Services' home...

Falling Refis, Rising ARMs Spell Increased Defect Risk For Mortgage Lenders

The risk of defects in mortgage applications increased 4.1% in February compared with January and increased 1.3% compared with February 2016, according to First American's...

Second Phase Of GSEs’ Single Security Initiative Delayed

Release 2 of the Common Securitization Platform is now planned for the second quarter of 2019, the FHFA says

Freddie Mac: Mortgage Rates Fell Despite Recent Fed Hike

Mortgage rates dipped slightly this week, with the average rate for a 30-year, fixed-rate mortgage (FRM) falling to 4.23%, down from 4.30% the previous...

Survey Shows 55% Of Potential Home Buyers Willing To Go Over Budget

A survey of potential home buyers shows that many are willing to go a surprising $37,809 over budget to get into their dream homes. The...