Saturday, November 16, 2024

Residential Mortgage

Churchill Mortgage Promotes Candace Jones To Director Of Customer Experience

Candace Jones has been promoted to director of customer experience strategy and management at joined Churchill Mortgage, which provides conventional, Federal Housing Administration, Veterans...

Maxwell Launches New Platform To Streamline And Automate LO Processes

Software maker Maxwell has launched a new platform for mortgage loan officers (LOs) that includes "intelligent pipeline management," which is said to reduce the...

PRMI Opens New Office In Larkspur, Calif.

Primary Residential Mortgage Inc. (PRMI) has expanded into Marin County, Calif., with the opening of a new location in Larkspur. The new office will be...

Welcome To Summer: Applications For New Home Purchases Dropped 8%

Applications for mortgages for new home purchases decreased 8% in July compared with June but increased 2.4% compared with July 2015, according to the Mortgage...

Freddie Mac: Mortgage Rates Holding Steady

Fixed mortgage rates stayed mostly flat during the week ended Aug. 11, according to Freddie Mac's Primary Mortgage Market Survey. The average rate for a...

iEmergent Appoints Fenn Meents As Chief Growth Officer

Fenn Meents has joined iEmergent, a forecasting and data analytics firm for the banking and mortgage lending industries, as chief growth officer. Previously, Meents was...

MBA Revises Methodology For MCAI; Mortgage Credit Increased In July

It turns out, maybe lenders have loosened credit a little more than the Mortgage Bankers Association (MBA) initially thought. The association reports that it has...

FHFA Allows More Time For Feedback On Credit Risk Transfer Policies

The FHFA is extending the comment period in light of requests from stakeholders for more time to evaluate the information and questions raised in the RFI.

MBA: Mortgage Application Volume Jumped 7.1%

After decreasing for the previous three weeks, mortgage application volume jumped an impressive 7.1% during the week ended Aug. 5, according to the Mortgage Bankers...

Michigan Mutual Hires George Andrews As Regional Sales Manager

George Andrews has joined Michigan Mutual, a leading national wholesale mortgage lender, as regional sales manager for the Northwest. Andrews previously worked as the vice...

TIAA Buys EverBank For $2.5 Billion

EverBank, offering a diverse range of consumer and commercial banking services, including residential mortgages, has been acquired by TIAA for $2.5 billion in a...

Mortgage Collaborative Adds 12 Members

The Mortgage Collaborative, an independent mortgage lending cooperative, has added 12 new preferred partner companies to its national network. The 12 companies include Assimilate Solutions,...

Justin Tucker Promoted To Chief Marketing Officer At WFG

Justin Tucker has been promoted to the position of chief marketing officer at the Williston Financial Group, which includes WFG National Title Insurance Co....

Nations Valuation Services Reduces Delays With Platinum Data’s Collateral Expert

Nations Valuation Services, a nationwide appraisal management company (AMC), is now using Platinum Data Solutions to improve its workflow processes. By implementing Platinum Data’s Collateral...

Housing Activity Creeping Back To Historical Norms In Some States, MiMi Shows

The southern states showed the most improvement in terms of housing in May, according to Freddie Mac's Multi-Indicate Mortgage Index (MiMi). The index, which was...

ACC Mortgage Using LoanScoreCard For Its Nonprime, Non-QM Programs

Wholesale lender All Credit Considered (ACC) Mortgage is now using LO Connect, an integrated automated underwriting system (AUS), product and pricing engine (PPE), and...

Fannie Mae Opens Up HomeReady Program To More Borrowers

To make it easier for lenders to determine eligibility and to spur more home buyers to take advantage of the program, Fannie Mae recently...

Investor Share Of Home Sales Reaches Lowest Level Since 2009

Recent figures from the National Association of Realtors (NAR) show that the share of home sales to investors has subsided from a high of...

Freddie Mac: Mortgage Rates Reverse Course

After increasing slightly during the previous three weeks, mortgage rates edged back down during the week ended Aug. 4, according to Freddie Mac's Primary...

MBA: Mortgage Application Volume Fell Despite Lower Rates

Mortgage application volume decreased 3.5% on an adjusted basis during the week ended July 29, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage...