Consumers’ View Of Housing Market More Favorable In February, Fannie Mae Says
Consumer confidence in housing hit an all-time high in February, according to Fannie Mae's most recent Home Purchase Sentiment Index (HPSI), part of its...
Nationstar To Pay $1.75 Million For HMDA Reporting Errors
Nationstar Mortgage will pay $1.75 million to settle allegations brought by the Consumer Financial Protection Bureau (CFPB) that the company violated the reporting requirements...
Freddie Mac: Mortgage Rates On The Rise
Mortgage rates took a significant jump during the week ended March 16, with the average rate for a 30-year, fixed-rate mortgage (FRM) rising to...
Fed Raises Rates For First Time This Year; Two More Hikes Expected
FOMC statement was "somewhat disappointing" in that it offered "few hints as to the number or timing of future rate hikes."
Optimal Blue Teams Up With Blend To Bring Mortgages Into The Modern Age
Optimal Blue, a provider of real-time pricing engines and hedging technology to the mortgage industry, is partnering with Blend, a Silicon Valley, Calif., technology...
MBA: Mortgage Applications Increased Despite Higher Rates
Even through the average rate for a 30-year, fixed-rate mortgage (FRM) increased to its highest level since April 2014, mortgage application volume increased 3.1%...
FormFree’s AccountChek Now Integrated With Encompass Consumer Connect
FormFree's AccountChek automated asset verification service is now available through Ellie Mae’s Encompass Consumer Connect point of sale loan origination solution.
The integration means home...
Average FICO Score On Closed Mortgages Fell Again In February
The average FICO score on closed mortgages dropped to 720 in February - down from 722 in January and down from 726 in December,...
Velocify Reaps The Rewards of Its Integration With Ellie Mae
Velocify, a provider of sales acceleration software, reports that more than 125 mortgage lenders to date have taken advantage of its integration with Ellie...
MBA: Applications For New Home Purchases Jumped In January
Applications for new home purchases increased an impressive 22% in January compared with December and increased 9.2% relative to January 2016, according to the Mortgage...
Home Flipping Increased 3.1% In 2016 To Reach Highest Level In A Decade
About 193,000 single-family homes and condos were "flipped" in 2016, an increase of 3.1% compared with 2015 to reach the highest level since 2006,...
Survey: Millennial Talent Acquisition High Among Lenders’ Priorities
More than 60% of mortgage lenders plan to hire millennials over the next year, according to a survey recently conducted by talent acquisition firm...
Vista Equity Partners Buying Mortgage Software Firm D+H
D+H to be merged with software maker Misys, thus creating "a global leader in financial technology,"
Castle & Cooke Mortgage Opens New Branch On Maui
In a move that will expand the company's footprint in Hawaii, Castle & Cooke Mortgage has opened a new branch on Maui.
The new location...
Black Knight Updates MSP For New Fannie Mae Investor Reporting Requirements
Black Knight Financial Services has updated its LoanSphere MSP servicing system in response to changes to Fannie Mae's investor reporting requirements.
The changes, which took...
Insurance Provider Comparity Now Integrated With LendingQB
Insurance provider Comparity has integrated its home insurance platform directly into LendingQB’s loan origination system (LOS).
That means mortgage lenders using LendingQB's LOS now have...
Freddie Mac: Mortgage Rates Saw Significant Jump
Mortgage rates increased significantly during the week ended March 9, with the average rate for a 30-year, fixed-rate mortgage (FRM) at around 4.21%, up...
MBA: Mortgage Credit Availability Increased In February
Mortgage credit availability increased 0.4% in February compared with January to reach a score of 177.8 on the Mortgage Bankers Association's (MBA) Mortgage Credit...
Sierra Pacific Mortgage Hires Al Crisanty As Wholesale Sales Manager
Mortgage industry veteran Al Crisanty has joined Sierra Pacific Mortgage as a wholesale sales manager in the firm's corporate office in Folsom, Calif.
Crisanty has...
Altavera Expands Mortgage Fulfillment Operations To 10 New States
Altavera Mortgage Services, a provider of outsourced residential mortgage origination services, reports that it has received residential mortgage licensing approval in 10 new states.
That...