Mortgage Network Hires William R. Kelly Jr. As Mortgage Loan Officer
Coast Guard veteran and military mortgage specialist William R. Kelly Jr. has joined Mortgage Network Inc., one of the largest independent mortgage lenders in...
Another 23 Counties Adopt Simplifile E-Recording
Another 23 counties have signed up for Simplifile's e-recording technology, bringing the total number of counties with e-recording capability to about 1,450.
The following county...
UWM Launches Conventional 1% Down Program
United Wholesale Mortgage (UWM) has launched a new program enabling consumers to purchase homes with as little as 1% down.
The company claims it is...
OpenClose Hires Sonja D’Anneo For LOS Integration
Sonja D’Anneo has joined mortgage origination technology provider OpenClose as a lead integration specialist.
D’Anneo has more than 25 years of technology and mortgage experience....
Freddie Mac: Fixed Mortgage Rates Basically Flat
Fixed mortgage rates stayed more or less flat during the week ended July 14, with the 30-year, fixed-rate mortgage (FRM) averaging around 3.42%, up...
Evolve Bank & Trust Using ReverseVision For Reverse Mortgages
Memphis, Tenn.-based Evolve Bank & Trust is the latest lender to use ReverseVision's RV Exchange (RVX) reverse mortgage loan origination software (LOS).
Evolve decided to...
LoanScoreCard Introduces LO Connect
LoanScoreCard, a provider of automated pricing, underwriting and compliance solutions, has introduced LO Connect, an integrated automated distribution solution for aggregators and wholesale lenders...
ClosingCorp Promotes Pat Carney To Chief Innovation Officer
Pat Carney has been promoted to chief innovation officer for ClosingCorp, a provider of closing cost data and technology for the mortgage and real...
New Reverse Mortgage Product Available In Connecticut
Connecticut homeowners age 62 and older have a new reverse mortgage product available to help them with their retirement planning goals.
American Advisors Group (AAG)...
MBA: Mortgage Applications Jumped 7.2%
After surging 14.2% the previous week, mortgage application volume increased 7.2% on an adjusted basis during the week ended July 8, according to the...
Assurant Acquires American Title For About $45 Million
In keeping with its plan to exit the health insurance and employee benefits industries and focus on mortgage and real estate services, Assurant Inc....
Valuation Partners Hires Jayson Dammen As Vice President, Western Region
Jayson Dammen has joined Valuation Partners, a national appraisal management company, as vice president for the western region.
Dammen has more than 25 years’ experience...
Ginnie Mae Hires Nancy Corsiglia As EVP And COO
Nancy Corsiglia is joining Ginnie Mae as executive vice president and chief operating officer.
Corsiglia replaces Mary Kinney, who retired in February.
Corsiglia has more than...
BancorpSouth Now Offering 100% LTV Mortgages
In an effort to expand mortgage credit to more consumers, BancorpSouth reports that it is now offering 0% down (i.e., 100% loan-to-value, or LTV),...
MBA: Mortgage Credit Tightened In June
Despite super-low mortgage interest rates, it actually got slightly harder for consumers to get a mortgage in June due to tighter credit, the Mortgage...
Docutech White Paper Focuses On The Borrower Experience
Mortgage document solutions provider Docutech has published a new white paper, “A New Home, a New Life: Improving the Borrower Experience,” to provide insight...
Fifth Third Bank Signs Up For Black Knight’s LoanSphere
In order to consolidate its residential lending technology onto a single, integrated platform, Fifth Third Bank has signed a contract to implement Black Knight...
FHFA: 24% Of NPLs Sold Through May Have Been ‘Resolved’
Of the 24% that had been "resolved," about 12% were resolved without foreclosure (deed-in-lieu, paid in full, short sale, loan mod or self cure) and 12% were resolved through foreclosure.
Velocify Bundles Auto Marketing, Lead Management Into A Single Platform
Velocify, which offers mortgage sales acceleration technology, recently introduced Velocify LoanEngage, an all-in-one marketing and sales platform designed to help retail lenders grow their...
Freddie Mac: Brexit Pushed Mortgage Rates To New Lows
Mortgage rates fell further this week in the wake of the Brexit vote.
According to Freddie Mac's Primary Mortgage Market Survey, the average rate for...