Friday, November 8, 2024

Residential Mortgage

CFPB Fines Experian For Misleading Consumers On The Use Of Credit Scores

The Consumer Financial Protection Bureau (CFPB) is fining credit bureau Experian for allegedly misleading consumers that the credit scores it provided were the same...

LBA Ware Adds Matthew Marshall As Solutions Consultant

Matthew Marshall has joined LBA Ware, a provider of automated compensation software and systems integration solutions for mortgage lenders, as solutions consultant. Previously, Marshall served...

New Home Sales Increased Again In February

After jumping 3.7% in January, new home sales in February were at a seasonally adjusted annual rate of about 592,000, an increase of 6.1%...

Matic Insurance’s Purchasing Software Now Integrated With BeSmartee

Matic Insurance Services Inc.'s insurance purchasing software is now integrated with BeSmartee's mortgage platform, which lenders use to provide borrowers with self-service options for...

Credit Plus ‘Fills The Gap’ On Tax Lien And Civil Debt Information

As part of the National Consumer Assistance Plan that becomes effective July 1, credit bureaus Equifax, TransUnion and Experian are expected to reduce the...

Bank Of England Mortgage Using RV Exchange To Grow Its HECM Business

Bank of England Mortgage, a division of Bank of England, a locally owned bank headquartered in England, Ark., is now using ReverseVision's technology to...

NAR: Existing-Home Sales Dropped 3.7% In February

Low supply in the affordable price range continues to be the "pest" that's pushing home prices

MBA: Despite Rates Holding Steady, Mortgage Volume Fell 2.7%

Mortgage application volume fell 2.7% on an adjusted basis last week as rates held more or less steady, according to the Mortgage Bankers Association’s...

Mortgage Cadence Launches New Version Of Enterprise Lending Center

Mortgage Cadence, an Accenture company, has launched a new version of its Enterprise Lending Center (ELC) platform that adds a number of new features...

CoreLogic: Credit Risk On Closed Loans Continued To Improve In Q4

Mortgage loans originated in the fourth quarter continued to exhibit low credit risk, as they did in the previous quarter, according to CoreLogic's U.S....

SLK Global Solutions Introduces New Mobile Platform For Mortgage Lenders

Lenders already know that mobile is the key to the next generation of mortgage borrowers. But so far, developers have been struggling with how to...

Automated USPAP Standard 3 Compliance Tool Launched By Pendo

As part of its quality and compliance efforts, Pendo, a nationwide appraisal management company (AMC), has added an automated Uniform Standards of Professional Appraisal...

MBA: Rapidly Rising Rates Took A Bite Out Of Mortgage Profits In Q4

Due mainly to rapidly rising interest rates, it got a little less profitable to be a mortgage lender during the fourth quarter, according to...

Will Cuts To HUD Budget Impact FHA Insurance Program?

A report from the Office of Management and Budget offers insight as to which HUD programs will get the axe.

Golf Pro Pat Hurst Joins Bay Equity As Mortgage Loan Officer

Bay Equity Home Loans, a full-service retail mortgage lender based in Sausalito, Calif., recently hired a loan officer with serious "drive." Former golf pro Patricia...

The Mortgage Collaborative Hits 100-Member Milestone

The Mortgage Collaborative, a cooperative of independent mortgage lenders, is now 100 members strong. The organization reached this major milestone following its winter conference last...

Compass Mortgage Now Using Alight Mortgage Lending

Direct mortgage lender Compass Mortgage is now using Alight Mortgage Lending for continuous reforecasting. Alight is a provider of cloud-based applications for real-time, dynamic scenario...

Qualia Now Connects With First American’s AgentNet

Qualia, a provider of title settlement software, reports that its settlement platform now connects with AgentNet, a tool from First American Title Insurance Co....

Single-Family Housing Starts Jumped 6.5% In February

Permit activity shows that the trend is likely to continue into spring.

Black Knight Rolls Out New Version Of Empower Geared For Smaller Lenders

Black Knight Financial Services wants lenders to "grow up" on its loan origination system (LOS). As such, the mortgage software, data and analytics firm has...