Friday, November 15, 2024

Residential Mortgage

Survey: Most Real Estate Agents Steer Clients To Select Mortgage Lenders

A recent survey commissioned by Freddie Mac underscores just how important the relationship between real estate agents and mortgage lenders continues to be. According to...

CFPB Urges Veterans To Be Cautious When Refinancing Their VA Mortgages

On this Veterans Day, the Consumer Financial Protection Bureau (CFPB) is reminding all veterans and servicemembers that offers from lenders to refinance their Veterans...

Freddie Mac: Mortgage Rates Shift Upward

Mortgage interest rates increased this week, with the average rate for a 30-year, fixed-rate mortgage (FRM) hitting 3.57%, up from 3.54%, according to Freddie Mac’s...

New American Funding Opens Chicagoland Branch

New American Funding, a national mortgage banker headquartered in Southern California, says it is continuing its Midwestern expansion by opening its first Chicagoland location. According...

E-Notarization Via Webcam: What You Need To Know

E-notarization is viewed as an essential component of the all-digital, paperless mortgage, as it replaces traditional pen-and-paper notarization with electronic notary tools. The challenge for...

MBA: Mortgage Applications Decrease For Third Consecutive Week

Mortgage application volume decreased for a third week in a row during the week ended Nov. 4, falling 1.2% compared with the previous week,...

Valuation Partners Hires Michelle Revilla As Regional Account Executive

Michelle Revilla has joined Valuation Partners, a national appraisal management company, as a regional account executive to oversee business growth in the Eastern U.S. Revilla...

LendingQB Rolls Out New Brand And Strategic Initiative: ‘Adoptimization’

It's one thing to build a feature-rich, highly stable and easily integrated loan origination system, but quite another to help your lender clients get...

Survey: Most Lenders Expect Mortgage Loan Production Costs To Rise In 2017

Surprisingly, only 7% of respondents report that they expect loan production costs to be “somewhat lower” or “significantly lower” compared with this year.

New Construction Title Platform Launched

Granite Risk Management, a division of Altisource offering construction risk mitigation, and Premium Title, a national provider of title and escrow services, have launched...

Mortgage Cadence Keeps Expanding Its Partner Ecosystem

Mortgage Cadence, an Accenture Company that offers a full suite of mortgage technology solutions designed for point-of-sale through post-closing, reports that it has made...

Bay Equity Home Loans Hires Carrie Parker As A Senior Loan Officer

Carrie Parker has joined Bay Equity Home Loans as a senior loan officer in the firm's St. George, Utah, branch. Parker has more than 15...

UWM Adds Automated Verification Tools In Its Quest To Go Paperless

There's no question that Dr. Seuss' beloved character The Lorax would be supportive of mortgage lenders' efforts to eliminate paper from the mortgage process...

Technology Credit Union Now Using The FirstClose Report

Technology Credit Union (Tech CU) is the latest mortgage lender to sign up for The FirstClose Report, a data-driven report that provides title search,...

Is Now A Good Time To Raise Conforming Loan Limits?

Now that average U.S. home prices have increased to near-peak levels, is it time for the government-sponsored enterprises (GSEs) to raise conforming loan limits? According...

Mortgage Rates Took Biggest Jump In More Than Six Months

Mortgage rates took a significant jump this week, with the average rate for a 30-year, fixed-rate mortgage (FRM) rising seven percentage points, to reach...

First American Launches New Third-Party Oversight Solution

First American Mortgage Solutions recently launched a new suite of applications designed to help mortgage lenders with third-party oversight and compliance. The new Vendor Management...

Envoy Mortgage Announces New Hires For Its Correspondent Lending Division

Envoy Mortgage recently hired two new regional account managers and a new business development officer for its correspondent lending division. Tom Van Auken is the...

Chris MacNaughton To Lead New American Funding’s Expansion In California

Chris MacNaughton has joined New American Funding, a national mortgage banker, as vice president of builder and business development. MacNaughton has more than 15 years...

MiMutual Opens New Branch In Minnesota

MiMutual Mortgage, the national retail channel for Michigan Mutual Inc., reports that it has opened a new branch in Eden Prairie, Minn., a suburb...