Monday, November 18, 2024

Residential Mortgage

WFG Lender Services Names Jerry Testa National Sales Director

Jerry Testa has joined WFG Lender Services (WFGLS), a full service provider of title insurance and real estate settlement services, as national sales director. In...

Parkside Lending’s Matthew Ostrander Gets Seat On Freddie Mac Board

Matthew Ostrander, CEO of Parkside Lending, a national wholesale and correspondent lender, is now a member of Freddie Mac’s Regional Lending Advisory Board (RLAB). "By...

FNC: Home Prices Increased 0.4% In December

U.S. home prices increased 0.4% in December compared with November and increased 6.2% compared with December 2014, according to FNC's residential price index. On a...

Randal W. Stoller To Head Up Residential Mortgage Lending At Mechanics Bank

Randal W. Stoller has joined Mechanics Bank in the new role of senior vice president in charge of residential mortgage lending. Stoller has 34 years...

Title Companies Form Alliance To Resolve Multi-Jurisdictional Challenge

In order to help mortgage companies more easily navigate the patchwork quilt of state laws pertaining to title and settlement services, a group of...

Catalyst Lending Opens Three New Locations In Utah

Mortgage lender Catalyst Lending recently announced the opening of three new branches in Utah. The lender's new Ogden, Utah, branch was opened by Brant Hayward,...

Morgan Stanley To Pay $3.2 Billion To Settle RMBS Claims

Morgan Stanley will pay $2.6 billion to settle the last of a set of complaints brought by the U.S. Department of Justice (DOJ) that...

Roostify Teams With zipLogix To Put More Power Into Agents’ Hands

Mortgage software company Roostify is partnering with zipLogix to give real estate agents that use zipLogix' platform single-click access to mortgage data and documents. In...

Global DMS Now Integrated With FHA’s EAD Portal

Global DMS reports that its Global Kinex application is now integrated with the Federal Housing Administration’s (FHA) new Electronic Appraisal Delivery (EAD) portal, which...

Freddie Mac: Mortgage Rates Continue To Fall

Mortgage rates continued to trend downward during the week ended Feb. 11, according to Freddie Mac's Primary Mortgage Market Survey. It was the sixth consecutive...

Pete Butler Joins Embrace Home Loans

Pete Butler has joined national mortgage lender Embrace Home Loans as its newest executive, responsible for correspondent sales. Butler has more than 30 years of...

MBA: Applications For New Homes Surged 14% In January

Applications for new home purchases increased 14% on an unadjusted basis in January compared with February, according to the Mortgage Bankers Association's (MBA) Builder...

Fannie Mae Announces Winning Bidders For Its Fourth NPL Sale

Canyon Partners (Carlsbad Funding Mortgage Loan Acquisition LP), Pretium Mortgage Credit Partners I Loan Acquisition LP and Goldman Sachs (MTGLQ Investors LP) are the...

Calyx Now Offering Portfolio, Correspondent Versions Of Its Pricer PPE

Calyx Software reports that it has developed separate versions of its Pricer Product & Pricing Engine for portfolio lenders with their own rate sheets...

Mortgage Network Hires Bethany Johnsen As A Loan Officer

Bethany Johnsen has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a loan officer in the...

LenderLive Hires John Parrish As Regional Account Executive

John Parrish has joined LenderLive, a domestic-based mortgage services provider, as regional account executive for the company’s correspondent lending division. Parrish has more than 20...

Steve Shore Rejoins MortgageFlex Systems As CIO

Steve Shore has joined MortgageFlex Systems Inc. as chief information officer (CIO). Shore has a broad range of information technology experience, including Web development, infrastructure,...

MBA: Mortgage Application Volume Jumped 9.3%, Refis Up 16% On Lower Rates

Mortgage application volume jumped 9.3% on an adjusted basis during the week ended Feb. 5, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage...

Mark Mayhook Promoted At Mortgage Lender FGMC

Mortgage lender First Guaranty Mortgage Corp. (FGMC) reports that Mark Mayhook has been promoted to senior director of third-party originated (TPO) production. Mayhook has been...

Joseph J. Blake And Associates Hires Ken P. Wilson As A Managing Director

Ken P. Wilson, past president and former chair of the policymaking board of directors of the Appraisal Institute (AI), has joined real estate appraisal...