Waterstone Mortgage Hires Don Griffin As A Senior Loan Officer
Don Griffin has joined Waterstone Mortgage as a senior loan officer in the firm's Madison, Wisc., branch.
Griffin has more than 20 years of industry...
Kensington Vanguard Acquires Property Title Group
Continuing with the expansion of its national platform, Kensington Vanguard National Land Services, one of the largest independent full-service title insurance and settlement agencies...
Mortgage ‘QC Bowl’ Extended To March 4
The Super Bowl is over, but mortgage quality control (QC) experts can still compete in the mortgage "QC Bowl."
Becky Walzak, president and owner of...
ValuAmerica Now Integrated With FHA’s EAD Portal
ValuAmerica, a national title agency, appraisal management company (AMC) and technology provider, is now integrated with the Federal Housing Administration's (FHA) Electronic Appraisal Delivery...
Equifax: Subprime Origination Volume Increased Steadily Through Q3 2015
First mortgage originations for subprime borrowers increased steadily from January 2015 to October 2015, according to the latest Equifax National Consumer Credit Trends Report.
During...
Black Knight: Cash-Out Refis Hit Highest Share Since 2008
Thanks to low interest rates, nearly 300,000 cash-out refinances were originated in the third quarter of 2015, marking six consecutive quarters of rising cash-out...
Capital Markets Cooperative And National MI Form Strategic Partnership
Capital Markets Cooperative (CMC), a nationwide alliance of mortgage bankers, has selected National Mortgage Insurance Corp. (National MI), a subsidiary of NMI Holdings Inc.,...
Rising Home Prices Were A Good Thing For Sellers In 2015
Thanks to a significant increase in home prices in most areas of the U.S., home sellers in 2015 realized an average price gain since...
MBA: Mortgage Credit Availability Decreased In January
Mortgage credit availability decreased in January, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI).
The MCAI fell 0.4% compared with December...
Chronos Solutions Acquires Commerce Title
Chronos Solutions, a national real estate financial services provider, has acquired Commerce Title and Closing Services from parent company, Ten-X.
The deal - the terms...
Mortgage Lender PRMI Expands Its Presence In Utah
National mortgage lender Primary Residential Mortgage Inc. (PRMI) is strengthening its presence in its home state of Utah with the opening of a new...
Freddie Mac: Mortgage Rates Move Lower; Will Refinance Holdouts Capitalize?
Mortgage rates fell further during the week ended Feb. 4, with the average rate for a 30-year fixed-rate mortgage (FRM) reaching 3.72%, down from...
Wells Fargo To Pay $1.2B To Settle Claims It Bungled FHA-Backed Mortgages
Wells Fargo will pay $1.2 billion to settle a complaint brought by the U.S. Department of Justice (DOJ) that it engaged in sloppy underwriting...
CoreLogic: U.S. Home Prices Rose 0.8% In December
U.S. home prices increased 0.8% in December compared with November and increased 6.3% compared with December 2014, according to CoreLogic's home price index.
Currently, the...
Fannie, Freddie Update Reps And Warrants With New Independent Review Process
Under the new program, mortgage lenders can submit unresolved loan level disputes to a neutral third-party arbitrator after the appeal and escalation processes have been exhausted.
MBA: Mortgage Application Volume Fell 2.6%
After increasing dramatically during the previous three weeks, mortgage application volume decreased 2.6% for the week ended Jan. 29, according to the Mortgage Bankers...
First Tennessee Bank To Pay $1.9 Million To Resolve Fair Housing Complaint
Bank accused of denying loan applications from African-American and Hispanic borrowers at disproportionate rates.
Bay Equity Home Loans Promotes Two Executives
Two executives at Bay Equity Home Loans, a full-service retail mortgage lending institution founded and headquartered in the heart of San Francisco’s financial district,...
New Appraisal Review Tool Is First To Meet USPAP Standard 3 Requirements
Platinum Data Solutions recently launched RS3, the first automated appraisal compliance review tool that evaluates appraisals for compliance with Uniform Standards of Professional Appraisal...
PCLender Now Integrated With Vantage Production
PCLender, a provider of Web-based mortgage solutions for community banks, credit unions and mortgage bankers, is now integrated with Vantage Production, a provider of...