AtClose Integrates With Visi Loan Review Technology
Pittsburgh-based AtClose LLC, a full-service mortgage consulting and business process outsourcing company, has integrated with Visionet’s optical character recognition-based Visi Loan Review (VLR) technology...
Parkside Lending Hires Government Lending Expert As SVP
Linda Jacopetti has joined Parkside Lending LLC, a national wholesale and correspondent lender, as senior vice president of government operations to support the company’s...
Origin Bank Using PathSoftware For Mortgage Origination
Origin Bank, formerly Community Trust Bank, is the latest lender to sign up for PathSoftware, a new cloud-based mortgage loan origination system (LOS) from...
Simplifile: About 75% Of U.S. Counties Can Now Accept Mortgages Electronically
About 49 more counties in 20 states adopted technology facilitating the electronic recording of electronic mortgages during the first quarter, according to Simplifile, a...
Mortgage Lender Says It’s Seeing ‘Marked Uptick’ In Non-QM Loan Activity
Altavera Mortgage Services, which offers third-party residential mortgage origination services, reports that it has seen a marked uptick in non-qualified mortgage (non-QM) inquiries in...
Black Knight: U.S. Home Prices Crept Up More In February
U.S. home prices increased 0.7% in February compared with January and increased 5.3% compared with February 2015, according to Black Knight Financial Services' home...
New Home Sales Dipped 1.5% In March
New home sales were at a seasonally adjusted annual rate of about 511,000 as of the end of March - a decrease of 1.5%...
Alex Brockway Appointed Sales Team Member Of Mortgage Network
Alexander Brockway has been hired to the sales team of privately held, independent mortgage lender Mortgage Network Inc. in the company’s Portland, Maine, branch...
Ellie Mae: Average Number Of Days To Close Fell Back To Normal
The average number of days to close a mortgage loan fell back to a more normal range - about 44 days - during March,...
First Guaranty Mortgage Adds Norman Scott To Warehouse Lending Team
Norman Scott has joined First Guaranty Mortgage Corp., a Virginia Corporation that provides correspondent, wholesale and retail residential loan origination channels, as a relationship...
Fidelity Bank Settles HUD Fair Housing Claims For $1 Million
Lender accused of engaging in unfair lending practices against minority mortgage applicants.
FHFA: Home Prices Increased 0.4% In February
U.S. home prices increased 0.4% on an adjusted basis in February compared with January and increased 5.6% compared with February 2015, according to the...
Hunt Mortgage Group Hires Timothy Hoppin In Denver
Timothy Hoppin has joined Hunt Mortgage Group, a leader in financing commercial real estate throughout the U.S., as director in the company’s Denver office.
In...
Invitation Homes Adds Two Senior Executives To Management Team
Invitation Homes, a provider of home leasing services, has hired Jiggs (Elizabeth) Foster as senior vice president of marketing and Holly Costello as vice...
Freddie Mac: Mortgage Rates Hold Steady
Mortgage rates remained largely unchanged near their low mark for 2016 during the week ending April 21, according to Freddie Mac’s Primary Mortgage Market...
Mortgage Contracting Services Forms MCS Solutions, Promotes Chad Mosley
Mortgage Contracting Services LLC (MCS), a nationwide provider of property preservation, inspections, real estate owned property maintenance, valuations, and title and settlement services for the...
NAR: Existing-Home Sales Jumped In March
Existing-home sales, including single-family homes, townhomes, condominiums and co-ops, were at an adjusted annual rate of 5.55 million in March – a jump of...
MBA: Mortgage Application Volume Increased 1.3%
Mortgage application volume increased 1.3% during the week ended April 15, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
Applications for refinances increased...
WFG Lender Services Adds Derrick Jones As National Sales Director
Derrick Jones has joined WFG Lender Services, a Williston Financial Group company and a provider of real estate and settlement services for lender transactions,...
Ditech Hires Sales Director In Correspondent Lending Division
Marc VanBaalen has joined Ditech Financial LLC as sales director for non-delegated lending in its correspondent lending division. According to Ditech, VanBaalen will help build...