Significant Milestone: Non-Bank Share Of Origination Volume Crosses 50%
In a significant milestone, non-banks originated more than half of the mortgage dollar volume in the U.S. during the third quarter, recent data shows.
According...
CoreLogic: Home Prices Increased 1.1% In September
U.S. home prices - including distressed sales - increased 1.1% in September compared with August and increased 6.3% compared with September 2015, according to CoreLogic's...
MBA: Mortgage Application Volume Down For A Second Week
After falling 4.1% the previous week, mortgage application volume decreased 1.2% during the week ended Oct. 28, according to the Mortgage Bankers Association's (MBA)...
HomeBridge Acquiring Prospect Mortgage
In a move that signals further consolidation in the mortgage origination business, independent mortgage lender HomeBridge Financial Services Inc. is acquiring the operating assets...
CFPB Warns Lenders On HMDA, Servicers On ‘Failed Technology’
“No mortgage lender that is required to report their loan data can avoid this responsibility.”
CA Gets Even More Granular With Neighborhood Valuation Analysis
New research shows that analysis at the neighborhood level can lead to a more thorough insight of mortgage risk and better lending decisions.
As such,...
Black Knight: U.S. Home Prices Almost Back To 2006 Levels
U.S. home prices increased 0.3%, on an adjusted basis, in August compared with July and increased 5.3% compared with August 2015, according to Black Knight...
MBA: Purchase Volume To Reach $1.1 Trillion In 2017
That's an increase of 11% compared with a forecast of about $900 billion for this year.
FHFA: U.S. Home Prices Continued Their Upward March In August
U.S. home prices increased 0.7% in August compared with July and increased 6.4% compared with August 2015, according to the Federal Housing Finance Agency's...
Pending Home Sales Increased 1.5% In September
Pending home sales increased 1.5% in September compared with August, to reach an index score of 110.0 on the National Association of Realtors' (NAR)...
Mortgage Rates Continue To Seesaw Near Historic Lows
Mortgage rates edged back down again during the week ended Oct. 27, according to Freddie Mac's Primary Mortgage Market Survey.
The average rate for a...
Seven More Counties Using Simplifile For E-Recording
Simplifile, specializing in real estate document collaboration and recording technologies for lenders, settlement agents and counties, reports that seven more counties in South Dakota...
LexisNexis TrueID Now Integrated With FormFree’s AccountChek
To help mortgage lenders address the risk of fraud as the move toward the all-electronic mortgage, LexisNexis' TrueID identity and asset verification service is...
FGMC Hires New General Counsel, Two New Account Execs
Mike McElroy has joined mortgage lender First Guaranty Mortgage Corp. (FGMC) as the company’s general counsel. In addition, mortgage industry veterans Joe Garcia and...
New Home Sales Rebounded In September
After decreasing 7.6% in August, new home sales in September were at a seasonally adjusted annual rate of 593,000, an increase of 3.1% compared...
Case-Shiller: Home Prices Continued To Rise In August
U.S. home prices increased 0.6%, on an adjusted basis, in August compared with July and increased 5.3% compared with August 2015, according to the S&P...
Alterra Home Loans Hires Terence Murray To Lead Expansion In The West
Terence Murray has joined Alterra Home Loans as the company's new Western division sales and expansion vice president.
Murray has more than a decade of...
Element Funding Opens New Branch In Tampa
Element Funding, a division of Primary Residential Mortgage Inc., is opening a new branch office in Tampa, Fla.
Gary Tuorto, sales manager, and Seth Robbins,...
MBA: Mortgage Application Volume Dropped 4.1%
After increasing 0.6% the previous week, mortgage application volume decreased 4.1% on an adjusted basis during the week ended Oct. 21, according to the...
RE/MAX Launches New Mortgage Brokerage Franchise, Motto Mortgage
RE/MAX Holdings Inc., which operates the RE/MAX real estate service, is going headlong into mortgages with the launch of Motto Mortgage, a new mortgage...