Wednesday, November 13, 2024

Residential Mortgage

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...

Despite Low Inventory And ‘Deteriorating Affordability,’ Existing-Home Sales Jumped 3.3%

Lawrence Yun, chief economist for NAR, characterized the 3.3% month-over-month increase in home sales as "a prosperous start" to 2017.

Premium Title Now Integrated With LendingQB

Premium Title, an Altisource company and a national provider of title and escrow services, is now integrated with LendingQB’s end-to-end, browser-based loan origination system,...

Starkey Mortgage Hires Tim Cotten To Head Up New Recruitment Division

Tim Cotten has joined Starkey Mortgage as director of recruiting. Cotten has more than 10 years of recruitment, leadership and business development experience in the...

LRES Rolls Out Lien Alert Solution

LRES, which offers valuations, real estate owned asset management, homeowners association (HOA) and other technology solutions for the mortgage and real estate industries, has...

Simplifile Adds 43 Counties To Its E-Recording Network

Forty-three more U.S. counties signed up for Simplifile's e-recording software during the fourth quarter and during the first two months of this year, the...

CFPB Wants Feedback On The Use Of Trended Credit Data

The bureau seeks public feedback on new ways to expand credit for consumers.

Is TRID Helping Home Buyers Understand Costs? Yes And No

Survey shows that despite the new disclosures, only about 50% of home buyers really understand their closing costs and fees.

Average FICO Score On Closed Loans Fell To 722 In January

Mortgage credit apparently loosened somewhat in January, at least in terms of the average FICO score on closed loans, according to Ellie Mae's Origination...

Mortgage Rate Correlation With The 10-Year Diverges For First Time In 46 Years

Mortgage rates remained more or less in a "holding pattern" for a third straight week this week, with the average rate for a 30-year,...

January Housing Starts Down 2.6%, But Permit Issuance Looks Decent

Housing starts in January were at a seasonally adjusted annual rate of about 1.246 million, a decrease of 2.6% compared with a revised December...

Realogy And Guaranteed Rate Enter Into Mortgage Origination Joint Venture

Real estate services company Realogy Holdings Corp. is forming a new joint venture with Guaranteed Rate Inc. The merged entity, dubbed Guaranteed Rate Affinity, is...

CoreLogic’s Mortgage Solutions Now Readily Integrated With Tavant’s FinConnect Platform

Mortgage lenders using Tavant's FinConnect Mortgage Data Integration Platform can now readily integrate CoreLogic's credit reports, flood determinations, 4506-T income verification service, automated valuation...

LenderLive Acquiring PHH’s Private-Label Mortgage Operations In Jacksonville

The news follows PHH's announcement in late 2016 that it would be exiting the private label fulfillment business.

Greg Campbell Promoted To Director Of Wholesale At Michigan Mutual

Greg Campbell has been promoted to director of wholesale lending at Michigan Mutual. Campbell began his career at Michigan Mutual in 2002 as a marketing...

First American Intros CleanFile Solutions To Help Lenders Perfect Their Collateral Files

To give lenders, servicers and investors greater certainty in loan collateral files, from the day a loan is closed through final disposition, First American...