Carson Sworn In As HUD Secretary
Dr. Ben S. Carson Sr. was officially sworn in as the 17th Secretary of the U.S. Department of Housing and Urban Development (HUD) on...
Freddie Mac: Mortgage Rates Move Lower
Mortgage rates broke out of their "holding pattern" and moved significantly lower during the week ended March 2, with the average rate for a...
ARMCO: CFPB Should Be Offering Guidance Pertaining To TRID Defects
The risk of defects in loan files dropped to 1.27% in the third quarter of 2016, after reaching a high of 1.92% in the...
New CoreLogic Solution Improves Accuracy Of Tax Data In LEs
CoreLogic has introduced Property Tax Estimator, an automated solution designed to improve the accuracy of loan estimates (LEs) in the origination process.
The solution is...
Capsilon Hires Dmitri Daveynis As SVP Of Engineering
Dmitri Daveynis has joined the Capsilon Corp., a provider of cloud-based enterprise digital mortgage solutions, as senior vice president of engineering.
Daveynis has more than...
Flagstar Closes Purchase Of Stearns’ Delegated Correspondent Platform
Flagstar Bancorp Inc. reports that it has closed its deal to acquire the residential mortgage delegated correspondent lending platform of Stearns Lending LLC, (Stearns),...
MBA: Mortgage Application Volume Jumped 5.8%
Mortgage application volume increased 5.8% on an adjusted basis during the week ended Feb. 24, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage...
Gateway Mortgage Hires Rob Hunt As Chief Administrative Officer
Rob Hunt has joined Gateway Mortgage Group, a privately held mortgage company offering originations, servicing and correspondent lending, as chief administrative officer.
Hunt has previously...
Case-Shiller: U.S. Home Prices Increased 0.7% In December
Home prices increased 0.7% on an adjusted basis in December compared with November and increased 5.8% compared with December 2015, according to the S&P CoreLogic...
Mortgage Network Hires Pamela Parker As Senior Loan Officer
Pamela Steele Parker has joined Mortgage Network Inc. as a senior loan officer in the company’s Wellesley, Mass., office.
Parker has more than 15 years...
Lack Of Inventory Pushes Pending Home Sales To Lowest Level In A Year
Pending home sales fell 2.8% in January to a score of 106.4 in the National Association of Realtors (NAR) Pending Home Sales Index.
That's down...
Black Knight: New York Continues To Lead In Home Price Appreciation
U.S. home prices increased 0.1% in December compared with November and increased 5.7% compared with December 2015, according to Black Knight Financial Services' Home Price...
New Home Sales Jumped 3.7% In January, But Inventory Remains Tight
New home sales in January were at a seasonally adjusted annual rate of about 555,000, an increase of 3.7% compared with a revised rate...
Mortgage Application Defect Risk Increasing As Refinance Volume Drops
However, First American's mortgage application defect index is down 28.4% compared with the high point of risk in October 2013.
ClosingCorp Hires Craig Austin As SVP Of Sales And Business Development
Craig Austin is now working for ClosingCorp, a provider of residential real estate closing cost data and technology, as senior vice president of sales...
Parkside Lending Now Offering Fannie Mae’s HomeReady Mortgage
Parkside Lending, a national wholesale and correspondent lender, is now offering Fannie Mae's HomeReady Mortgage, an affordable lending option for low- to moderate-income borrowers...
Mortgage Network Hires Christina Taraborelli As Loan Officer
Christina Taraborelli has joined Mortgage Network Inc., one of the largest mortgage bankers in the Eastern U.S., as a loan officer in the company's...
Indecomm’s IncomeGenius Now Integrated With Ellie Mae’s Encompass
IncomeGenius, an income calculation and analysis platform from Indecomm Global Services, is now integrated with Encompass, Ellie Mae’s loan origination system.
That means lenders using...
Appeals Court Rules Against Fannie, Freddie Investors On Third Amendment Sweep
A federal appeals court on Tuesday issued a ruling that will prevent investors in government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from fully...
MBA: Mortgage Application Volume Fell As Rates Increased Slightly
Mortgage application volume fell 2.0% on an adjusted basis last week as applications for refinances decreased 1.0% and applications for purchases decreased 3.0%, according...