New Mortgage Loan Defect Report Shows That TRID Is A Major Source Of Defects
A new report from ARMCO, ACES Risk Management shows that the TRID rule significantly boosted the number of loan defects in the first quarter.
Housing Market Didn’t Improve Much In July, According To MiMi
The housing market did not improve much in July, according to Freddie Mac's Multi-Indicator Market Index (MiMi), which measures the overall health of the...
MBA: Mortgage Application Volume Increased 0.9%
After increasing 2.8% the previous week, mortgage application volume increased 0.9% on an adjusted basis during the week ended Sept. 2, according to the...
Black Knight: Purchase Volume Hit Highest Level Since 2007
Mortgage originations hit a three-year high in the second quarter, driven mainly by an impressive increase in purchases, according to Black Knight Financial Services'...
CoreLogic: U.S. Home Prices Increased 1.1% In July
U.S. home prices increased 1.1% in July compared with June and increased 6% compared with July 2015, according to CoreLogic's home price index report.
Currently,...
StoneHill Group Hires Harold Ellis As Underwriting Manager
Harold Ellis has joined The StoneHill Group, offering quality control, due diligence and mortgage fulfillment solutions for mortgage lenders, banks and credit unions, as...
First American To Acquire RedVision Systems
"RedVision’s data, technology and services complement First American’s existing title search and title evidence production."
IDS Becomes Bigger Player In E-Mortgage Market With Acquisition Of Encomia
International Document Services (IDS), a division of The Reynolds and Reynolds Co. offering document preparation services for mortgage lenders, is acquiring Encomia, a provider...
Mortgage Originations Increased 26% In Q2
Nearly 1.9 million (1,868,187) mortgage loans were originated on U.S. residential properties (1 to 4 units) in the second quarter - an increase of...
Risk Of Defects In Mortgage Applications Continued To Decrease In July
The risk of defects in loan applications decreased 2.8% in July compared with June and decreased 16.7% compared with July 2015, according to First...
Freddie Mac: Mortgage Rates Inched Up Slightly
Mortgage rates inched up slightly but remained near historic lows during the week ended Sept. 1, according to Freddie Mac's Primary Mortgage Market Survey.
The...
Ten-X Forecasts August Existing-Home Sales Rose About 2.5%
After a lackluster July, existing-home sales are forecast to reach an annual rate of about 5.53 million in August - an increase of 2.5%...
Simplifile Adds Five More Counties To Its E-Recording Network
E-recording software company Simplifile reported that five county recording offices across California, New Mexico and Washington are now on its e-recording network.
The news follows...
Matthew Ostrander Named Chairman Of California Mortgage Bankers Association
Matthew Ostrander, co-founder, majority owner, chairman and CEO of national wholesale and correspondent lender Parkside Lending, has been elected chairman of the California Mortgage...
STRATMOR Group Hires Desktop Underwriter Innovator Andrew Weiss
Andrew Weiss, a widely known and highly respected IT mortgage executive, has joined STRATMOR Group, a consulting firm that provides professional expertise and proprietary...
Mid America Now Purchasing E-Notes Through Its Correspondent Channel
Mid America Mortgage Inc. is now purchasing e-notes for mortgages closed electronically from approved sellers through its correspondent lending channel.
“After implementing e-closings and e-notes...
Indecomm’s InteleDoc Direct E-Recording Software Now Integrated With ResWare
Indecomm Global Services reports that its InteleDoc Direct (IDD) e-recording platform, featuring Recopedia, a national recording knowledge base/fee calculator for paper and e-recording, is now...
Mortgage Financial Services Now Using AccountChek For Auto Asset Verification
Mortgage Financial Services - a Texas-based mortgage lender that has seen considerable growth over the last 12 months, adding 16 branch offices and more...
ReverseVision Completes Integration With Informative Research
ReverseVision reports that it has completed its integration with credit reporting agency Informative Research.
That means users of ReverseVision's RV Exchange loan origination software can...
Home Prices Increased 0.2% In June, But Nine Cities Saw Decreases
U.S. home prices increased 0.2%, after seasonal adjustment, in June compared with May and increased 5.1% compared with June 2015, according to the S&P...