Survey: About 75% Of Mortgage Lenders Seeing Delayed Closings Due To TRID
“As we anticipated, our bankers are struggling to comply, in part, because the systems being provided by vendors are incomplete or inaccurate."
Ward Kerlin Returns To Mortgage Network’s Conshohocken, Penn., Branch
Veteran mortgage professional Ward Kerlin has rejoined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a senior...
MBA: Mortgage Application Volume Fell 4.8%
After decreasing 4.3% the previous week, mortgage application volume decreased 4.8% on an adjusted basis during the week ended Feb. 26, according to the...
National MI Promotes Mark Daly To Senior Vice President
Industry veteran Mark Daly has been promoted to senior vice president of national accounts at National Mortgage Insurance Corp. (National MI), a subsidiary of...
PrimeLending Taps Three Loan Officer Veterans For Arizona, Texas Branches
Dallas-based residential mortgage originator PrimeLending, a PlainsCapital company, has added senior loan officers Cathy Byrd and Irma Hunold and loan officer Irma Quintanilla to...
CoreLogic: Home Prices Rose 1.3% In January
Home prices nationwide, including distressed sales, increased 1.3% in January compared with December 2015 and 6.9% compared with January 2015, according to CoreLogic's Home...
Stonegate Mortgage Names New EVP Of Online Mortgage Division
Michael Giampaolo has joined Stonegate Mortgage Corp., a mortgage company focused on originating, financing and servicing U.S. residential mortgage loans, as executive vice president...
First Federal Bank Of Kansas City Settles Redlining Allegations For $2.8M
The settlement stems from complaints brought by two nonprofit organizations regarding the bank’s alleged lack of market penetration in certain mostly minority neighborhoods.
Accenture Mortgage Cadence Moves To Enhanced Cloud Platform
Accenture Mortgage Cadence, a provider of loan origination software, has transitioned all of its clients - more than 600 mortgage lenders across the U.S. -...
NAR: Pending Home Sales Fell 2.5% In January
"The recent acceleration in home prices and minimal inventory throughout the country appears to be the primary obstacle holding back would-be buyers," says Lawrence Yun, chief economist for NAR.
Black Knight: U.S. Home Prices Inched Up More In December
U.S. home prices increased 0.1% in December compared with November and increased 5.5% compared with December 2014, according to Black Knight Financial Services' home...
Clayton Holdings Names New Senior Managing Director Of Lending Services
Brian Wornow has joined Clayton Holdings LLC, a global provider of mortgage and real estate risk management solutions, as senior managing director of lending...
Steve Bachman Joins Wildwood, N.J., Branch Of Mortgage Network
Veteran originator Stephen Bachman has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a branch manager...
U.S. Consumer Marketplace Lending Index To Include loanDepot Data
Non-bank mortgage lender loanDepot Inc. has formed a strategic partnership with Orchard Platform, a technology and data provider for marketplace lending, to integrate loanDepot's...
Case-Shiller: U.S. Home Prices Increased 0.1% In December
U.S. home prices increased 0.1% in December compared with November and increased 5.4% compared with December 2014, according to the S&P/Case-Shiller home price index.
The...
Reynolds Group: Warehouse Lenders Had A Decent Year In 2015
Last year was a good year, origination-wise, for the approximately 100 warehouse lenders serving the mortgage industry, according to the annual Warehouse Lender Survey...
First Guaranty Mortgage Brings In National TPO Sales Director
Correspondent lending sales veteran Tom Davis has joined First Guaranty Mortgage Corp. (FGMC), a provider of residential mortgage lending services, as national third-party originations...
Freddie Mac: Fixed Mortgage Rates Continue To Decline
Mortgage rates resumed their decline during the week ending Feb. 25, with the average rate for a 30-year fixed-rate mortgage (FRM) reaching 3.62%, down...
Aries Capital Names EVP For Originations, Business Development
Rushi Shah has been promoted to executive vice president of the originations and business development team at Aries Capital.
Based in Chicago, Shah is also...
New Home Sales Fell 9.2% In January
New home sales were at a seasonally adjusted annual rate of about 494,000 units as of January - a decrease of 9.2% compared with...