CoreLogic: Home Prices Increased in January But Growth is Expected to Slow in 2024
U.S. home prices increased 0.1% in January compared with December and were up 5.8% compared with January 2023, according to CoreLogic’s home price index.
However,...
After Falling for Three Straight Weeks, Mortgage Applications Jumped 9.7 Percent
Mortgage application volume jumped 9.7% during the week ended March 1, as the average rate for a 30-year fixed-rate mortgage dropped to 7.02%, down...
LenderLogix Announces POS Integration with AccountChek
AccountChek, a borrower verification solution from Informative Research, has been integrated with LenderLogix’ LiteSpeed point-of-sale system.
The integration blends AccountChek's pioneering verification technology into LiteSpeed...
The Carrington Companies Names Andrew Taffet as CEO
Andrew Taffet has been named CEO for The Carrington Companies, which offers a suite of non-QM loan offerings, as well as FHA, VA, USDA...
DataTrace Adds New Features to its TitleFlex Property Data Solution
DataTrace has made a series of enhancements to its TitleFlex property data platform, including new search and automated list-building capabilities that enable title companies...
ATTOM: Mortgage Originations Plummeted 13.8 Percent in Q4
Mortgage originations dropped 13.8% in the fourth quarter compared with the third quarter and were down 16.5% compared with the fourth quarter of 2022,...
MBA: Homebuyer Affordability Decreased in January as Home Prices Continued to Rise
Homebuyer affordability eroded in January, as home prices increased and offset the decline in mortgage rates that came during the month.
According to the Mortgage...
Redfin: New Listings Surged 13 Percent During February
More homeowners listed their homes this week compared with last week, resulting in a corresponding increase in inventory, according to Redfin.
The firm’s data show...
CoreLogic Promotes Kevin Greene to Executive, GM Real Estate Solutions
Kevin Greene has been promoted to executive, GM real estate solutions, at CoreLogic.
Greene is a former real estate broker/owner as well as a U.S....
New Paradatec Module Lets Clients Compare Data from Multiple Documents, Systems
Paradatec Inc., which offers AI-based document analysis technology for the lending and real estate industries, has launched a new analytics module that automatically compares...
Mortgage Rates Increase for Fourth Straight Week, Killing Homebuyer Momentum
Mortgage rates increased for a fourth consecutive week, with the average rate for a 30-year fixed-rate mortgage climbing to 6.94%, up from 6.9% last...
Pending Home Sales Decreased in January as Mortgage Rates Went Back on the Rise
Pending home sales fell 4.9% in January compared with December and were down 8.8% compared with January 2023, according to the National Association of...
FHFA: U.S. Home Prices Increased 6.5 Percent Over the Last Year
U.S. home prices increased 1.5% in the fourth quarter compared with the third quarter and were up 6.5% compared with the fourth quarter of...
MBA: Mortgage Applications Dropped Last Week Despite Dip in Rates
Mortgage application volume fell 5.6% during the week ended February 23, as the average rate for a 30-year, fixed-rate mortgage fell to 7.04%, down...
Case-Shiller: Home Prices Continued to Rise Steadily in December
U.S. home prices increased 0.2% on an adjusted basis in December compared with November and were up 5.5% compared with December 2022, as the...
Click n’ Close Taps Polly Cracchiolo as an AE for its TPO Sales Team
Polly Cracchiolo has joined Click n' Close’s third-party originator (TPO) sales team as an account executive.
Click n' Close is a multi-state mortgage lender serving...
New Home Sales Increased in January as Economic Data Improved
New home sales in January were at a seasonally adjusted annual rate of 661,000, an increase of 1.5% compared with December and an increase...
Todd Maki: Digital Closings Transform the Borrower Experience
PERSON OF THE WEEK: Digital closings - including hybrid and all-digital - have been in use for years now, but mortgage technology companies continue...
MBA: Average Rate for 30-Year Almost Hit 7 Percent This Week
The average rate for a 30-year fixed-rate mortgage increased to nearly 7% this week.
It was the third consecutive week that mortgage rates increased, according...
Xactus Promotes Michael Crockett to Chief Operating Officer
Michael Crockett has been promoted to chief operating officer for Xactus, which offers borrower verifications for the mortgage industry.
Crockett has more than 25 years...