Mid America Mortgage Now Using AccountChek
Texas-based Mid America Mortgage is the latest lender to sign up for FormFree's AccountChek automated verification software.
The lender is using the solution to conduct...
Black Knight: Home Prices Increased 1.0% In April
U.S. home prices increased 1.0% in April compared with March and increased 5.4% compared with April 2015, according to Black Knight Financial Services' home price...
New Home Sales Fell 6.0% In May
New home sales were at a seasonally adjusted annual rate of about 551,000 as of the end of May - a decrease of 6.0%...
Bill Would Require CFPB To Verify Consumer Complaints
If approved, the "CFPB Data Accountability Act" would require the bureau to verify the information in each complaint to ensure that it is valid.
PennyMac Launches Non-Delegated Correspondent Program
PennyMac Mortgage Investment Trust has launched a non-delegated program for acquiring loans through its industry-leading correspondent channel.
New and existing correspondent sellers can now access...
PCLender Integrates With Roostify
PCLender, which offers a suite of mortgage origination solutions, is now integrated with Roostify, a provider of automated mortgage transaction technology.
The new integration enables...
Black Knight Acquires Motivity Solutions
Mortgage technology firm Black Knight Financial Services has acquired Motivity Solutions, which provides customized mortgage business intelligence (BI) analytics, for an undisclosed sum.
Through the...
Fannie Mae Postpones Release Of DU Version 10.0
It is unclear whether the delay has anything to do with incorporation of trended credit data.
Accurate Group Hires Mike Kirk As SVP Of Strategic Valuation Initiatives
Mike Kirk has joined Accurate Group, a provider of real estate appraisal, title and compliance services, as senior vice president of strategic valuation initiatives.
Kirk...
Mortgage Network Re-Hires Beth Hallett As Sales Manager
Veteran mortgage professional Beth Hallett has rejoined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as sales manager...
NAR: Despite Serious Lack Of Inventory, Existing-Home Sales Increased In May
Existing-home sales, including sales of townhomes, condominiums and co-ops, reached an annual rate of about 5.53 million in May - an increase of 1.8%...
MBA: Refis Drive Mortgage Application Volume Up 2.9%
Mortgage application volume increased 2.9% during the week ended June 17, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey.
Applications for refinances...
Collaborative Launched To Boost Home Buyer Counseling
A national collaboration of lenders, investors, real estate agents and housing counselors has been formed to raise awareness about the benefits of working with...
Survey: Lenders That Invest In Sales And Marketing Technology See More Growth
A recent survey conducted by sales lead software provider Velocify reveals that lenders that rely more on purchase loan volume and retail channels are...
Sean Maloney Joins Mortgage Network As Loan Officer
Sean Maloney has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a loan officer in the...
Fannie, Freddie Continue To Transfer Credit Risk
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac continue to transfer credit risk on certain pools of mortgages they hold over to investors and...
GTCR To Acquire Optimal Blue
Private equity firm GTCR is acquiring mortgage technology provider Optimal Blue.
Although the acquisition price has not been disclosed, according to a press release, GTCR...
Housing Starts Basically Flat In May
Starts of single-family homes were at a rate of about 764,000, an increase of 0.3% compared with a rate of about 762,000 in April.
UWM Launches New Settlement Agent Portal
United Wholesale Mortgage (UWM) has launched a new Settlement Agent Portal that lets settlement agents submit their closing changes electronically to UWM.
The new portal...
Altavera Hires Jennifer Fountain As SVP Of Due Diligence
Mortgage operations veteran Jennifer Fountain has joined Altavera Mortgage Services as senior vice president of due diligence.
Fountain has more than 30 years of experience...