Quicken Loans Hires Former Microsoft Exec As VP Of Strategy
Technology executive John Fikany has joined non-bank mortgage lender Quicken Loans in the newly created role of vice president of strategy.
Most recently, Fikany served...
Rising Interest Rates, Prices Pose Threat To Home Affordability
Home affordability is still better than it was in the pre-crisis years - but it won't be for much longer if home prices keep...
Angel Oak Using Clayton’s Due Diligence Services For Whole Loan Deal
Investment management firm Angel Oak Capital Advisors has selected Clayton Holdings to be the representation and warranty reviewer for a $150.4 million private-label securitization...
Valuation Partners Hires Denise Neely As Regional VP
Denise Neely recently joined Valuation Partners, a national appraisal management company, as vice president for the Southwest region.
Neely has more than 25 years of...
Mortgage Network Hires Christopher Swartz As Loan Officer
Christopher Swartz has joined Mortgage Network Inc., one of the largest independent mortgage bankers in the eastern U.S., as a loan officer in the...
Mortgage Rates Move Lower Despite Ongoing Global Economic Instability
Despite ongoing instability in the global financial markets and the Fed's announcement that it will likely hold interest rates steady in the near term,...
Pending Home Sales Basically Flat In December
Pending home sales were basically flat in December, rising just 0.1% compared with November but up 4.2% compared with December 2014, according to the...
S&P/Case-Shiller: Home Prices Increased 0.1% In November
U.S. home prices increased a mere 0.1% on an unadjusted basis in November compared with October but increased 5.3% compared with November 2014, according...
Freddie Mac: Housing Market Continued To Improve In November
The health of the U.S. housing market continued to improve November, according to Freddie Mac's Multi-Indicator Market Index (MiMi) report.
The index score as of...
FHFA: Home Prices Increased 0.5% In November
U.S. home prices increased 0.5% on an adjusted basis in November compared with October and increased 5.9% compared with November 2014, according to estimates...
New Home Sales Surge For Third Consecutive Month
An estimated 501,000 new homes were sold in 2015 - an increase of 14.5% compared with about 437,000 in 2014.
MBA: Mortgage Application Volume Rose For Third Week Straight
Mortgage application volume increased for a third week straight during the week ended Jan. 22, which included the Martin Luther King holiday, according to...
WFG Lender Services Hires New Sales Director
Gregory Ryan Klosterman has joined WFG Lender Services, a full service provider of title insurance and real estate settlement services, as sales director.
Klosterman has...
Stonegate Mortgage Hires Timothy Verinder As Southwest Regional Manager
Timothy Verinder has joined Stonegate Mortgage Corp. as southwest regional manager.
Verinder has 20 years of mortgage industry experience. Most recently, he worked as regional...
Simplifile’s Nancy Alley Appointed To MISMO Board Of Directors
Nancy Alley, vice president of strategic planning for Simplifile, developer of the largest e-recording network in the U.S., has been appointed to the board...
NAR: Existing-Home Sales Jumped 14.7%, Partly Due To TRID
Existing-home sales, including sales of single-family homes, townhouses, condominiums and co-ops, were at an adjusted annual rate of 5.46 million in December - an...
Credit Plus Now Offers Reps And Warranties For Its Verification Services
To help its customers better defend themselves against loan defects and the resulting repurchase requests, Credit Plus, a provider of intelligent insight for mortgage...
Gateway Mortgage Hires Joanne Posen As Regional Sales Manager
Joanne Posen recently joined Gateway Mortgage Group, a privately held mortgage company offering originations, servicing and correspondent lending, as a regional sales manager to...
Freddie Mac: Interest Rates Edged Down Again
Despite global economic turmoil and extreme market volatility, fixed mortgage rates moved even lower during the week ended Jan. 21, according to Freddie Mac's...
Ellie Mae: TRID May Have Added A Week To Average Closing Time
The average time to close a mortgage loan continued to hold at around 49 days in December - unchanged compared with November but up...