U.S. Housing Market Continued To Improve In September
The U.S. housing market continued to improve in September, according to Freddie Mac's Multi-Indicator Market Index (MiMi).
In fact, the index shows that 2016 has, so...
CoreLogic: Third-Quarter Originations Among Highest Quality Since 2001
CoreLogic has introduced the CoreLogic Housing Credit Index (HCI), a new quarterly report that measures variations in home mortgage credit risk attributes over time,...
PRMI Opens New Branch In Vancouver, Wash.
Mortgage lender Primary Residential Mortgage Inc. (PRMI) has opened a new branch in Vancouver, Wash.
Industry veteran Deanna McClelland will manage the new office, along...
Equifax’s Employment, Asset Verification Services Now Compatible With Fannie Mae’s DU Validation Service
Equifax reports that its employment and asset verification services are now compatible with Fannie Mae's Desktop Underwriter (DU) Validation Service.
Equifax previously announced that its income...
Home Flipping Craze Lost Some Steam In Q3
The number of homes that were "flipped" during the third quarter dropped compared with the second quarter, according to a report from ATTOM Data...
AccountChek Now Integrated With Floify’s Mortgage Automation Platform
FormFree’s AccountChek asset verification solution is now integrated with Floify’s mortgage automation platform.
This enables lenders using Floify's software - which currently has more than...
Mortgage Network Names James Comosa President
James Comosa has been named president of the Mortgage Network, one of the largest, privately held independent mortgage companies in the Eastern U.S.
Comosa, who...
GSEs Developing Plans To Further Assist Underserved Markets
The Federal Housing Finance Agency (FHFA) has directed government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to come up with specific plans for how...
Will Rising Rates Slow Housing, Mortgage Markets In 2017?
What impact will a rising rate environment have on housing and the mortgage industry?
Housing Starts Took Steep Dive In November
Housing starts in November were at a seasonally adjusted annual rate of about 1.090 million, a decrease of 18.7% compared with an estimated 1.34...
Freddie Mac: Rising Rates Will ‘Significantly Subdue’ Mortgage Originations In 2017
Mortgage rates continued to increase this week, with the average rate for a 30-year, fixed-rate mortgage (FRM) rising to 4.16%, up from 4.13%, according...
Fed Raises Rates For First Time Since December 2015
What's more, it was only the second increase since 2006.
LRES Hires David Sober As VP Of Sales
Industry veteran David Sober has joined LRES, a provider of residential and commercial real estate services, valuations, real estate owned (REO) asset management, homeowners...
Mortgage Applications Fell For Seventh Straight Week
Mortgage application volume fell 4.0% on an adjusted basis during the week ended Dec. 9, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
MBA: Applications For New Home Purchases Dropped In November
Mortgage applications for new home purchases decreased 3.0% in November compared with October but increased 12% compared with November 2015, according to the Mortgage...
DocMagic Helps Facilitate First True E-Closing In Massachusetts
DocMagic, World Wide Notary, Radius Financial Group and Santander Bank have worked together to complete what is reportedly the first fully electronic mortgage closing...
MIAC Hires Mike Bugbee As SVP, Client Solutions Group
Mike Bugbee has joined the Mortgage Industry Advisory Corp. (MIAC), a provider of capital market advisory services and software tools for financial institutions, as...
Mortgage Network Hires Paul Cary As LO For Bangor, Maine, Office
Mortgage industry veteran Paul Cary has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the Eastern U.S., as a loan...
Ally Bank Getting Back Into The Mortgage Business
Ally Bank - which was in the mortgage business but then got out of it in 2013 following a slew of financial problems related...
UWM Intros New Tool Allowing Originators To Prioritize Their Pipelines
United Wholesale Mortgage (UWM) has announced Loan Swap, a new pipeline management tool that enables originators to manage the order of their loans in...