Mid America Mortgage Busy Curing TRID-Defective Loans
Mid America Mortgage Inc. announced in December that it was seeking to purchase “scratch and dent” mortgages with defects related to the Consumer Financial...
MassHousing Now Using Comergence For TPO Monitoring, Due Diligence
MassHousing, an independent and quasi-public agency charged with providing financing for affordable housing in Massachusetts, is now using Comergence's platform to automate third-party originator...
Parkside Lending Now Doing Business In Missouri
Parkside Lending, a national wholesale and correspondent lender, is now doing business in the state of Missouri, bringing its reach to 48 states.
"We are...
American Capital Mortgage Promotes Gary Kain To CEO
American Capital Mortgage Investment Corp., a real estate investment trust formed to invest in and manage agency and non-agency mortgages, says it has elected...
Alpha Mortgage Signs Up For ReverseVision’s Reverse Mortgage Platform
Wilmington, N.C.-based Alpha Mortgage, a full-service mortgage lender serving the Carolinas and Virginia, has selected ReverseVision's RV Exchange (RVX) as its reverse mortgage loan...
Resitrader Off To Good Start With Whole Loan Trading Platform
Resitrader reports that more than $100 million in mortgage loans were traded on its whole loan platform in February, the first month of live...
Freddie Mac: Mortgage Rates Continue Latest Upward Trend
Mortgage rates moved higher for the third week in a row for the week ending March 17, with the average rate for a 30-year...
Number Of Days To Close Fell Back To Pre-TRID Level In February
The average number of days to close a mortgage loan fell to 46 days in February - down from 50 days in January, according...
AmeriSave Hires Barbara Johnson As Chief Operating Officer
Barbara Johnson has joined Atlanta-based direct lender AmeriSave Mortgage Corp. as its newest chief operating officer, reporting directly to CEO Patrick Markert.
According to the...
Housing Starts Increased 5.2% In February
Housing starts in February were at a seasonally adjusted annual rate of 1.178 million, an increase of 5.2% compared with the revised January estimate...
eLynx And Landtech Data Now Integrated
eLynx, which offers mortgage compliance solutions, is now integrated with Landtech Data, a provider of systems used by real estate settlement services providers.
The integration...
Genworth Partners With Roostify To Streamline Mortgage Origination
Genworth Mortgage Insurance, a subsidiary of Genworth Financial Inc., has inked an exclusive agreement with Roostify, a Web and mobile platform that streamlines and...
Early Collaboration Helps Solve TRID Challenges For Network Funding
Who says the Consumer Financial Protection Bureau's new TILA-RESPA Integrated Disclosure (TRID) rules are impossible to abide by?
Mortgage lender Network Funding recently reported that,...
MBA: Mortgage Application Volume Fell 3.3%
Mortgage application volume decreased 3.3% on an adjusted basis during the week ended March 11, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage...
ABA Community Bank Mortgage Selects BOK Financial Correspondent Lending
ABA Community Bank Mortgage, a subsidiary of the American Bankers Association (ABA) that offers community bankers an innovative option for managing and building their...
Consumers Also Noticing That Mortgages Take Longer To Close Under TRID
Since the Consumer Financial Protection Bureau's (CFPB) new TILA-RESPA Integrated Disclosure (TRID) rules took effect on Oct. 3, 2015, the industry has been preoccupied...
Mortgage Lender W.J. Bradley Suddenly Closes Shop
“After consulting with its advisors, the company determined that an orderly wind-down is in the best interest of the company, its creditors and other stakeholders,” a message posted to the firm’s homepage says.
FGMC Taps Robert B. Eastep As Chief Financial Officer
Robert B. Eastep has joined First Guaranty Mortgage Corp. (FGMC) as chief financial officer.
Eastep has 20 years of executive-level financial experience specific to the...
LodeStar Now Integrated With Calyx Point
LodeStar Software Solutions, a settlement services data provider, is now integrated with Calyx Software's Point loan origination system (LOS) solution.
As such, users of Point...
Kyle Philbrook Now Working In Mortgage Network’s Boston Office
Kyle Philbrook is now working on the sales team in the Boston office of Mortgage Network Inc., one of the largest independent mortgage lenders...