CoreLogic Buys FNC For $475 Million
In a move that will strengthen its presence in the valuations space, CoreLogic is acquiring appraisal software company FNC Inc. for $475 million....
S&P/Experian: Default Rate On First Mortgages Crept Up Slightly In November
The default rate on first-lien mortgages in November was 0.82%, up one basis point from October, according to the S&P/Experian consumer credit default indices.
In...
S&P/Experian: Default Rate On First Mortgages Crept Up Slightly In November
The default rate on first-lien mortgages in November was 0.82%, up one basis point from October, according to the S&P/Experian consumer credit default...
Freddie Mac: Mortgage Rates Ticked Up Slightly
Due in part to the Federal Reserve's decision to start raising short-term interest rates, fixed mortgage rates edged higher during the week ended...
Platinum Data Now Integrated With FHA’s EAD Portal
Platinum Data Solutions, a provider of valuation data and analytics solutions, has completed integration with the Federal Housing Administration's (FHA) Electronic Appraisal Delivery...
Mary McLeod To Replace Meredith Fuchs At CFPB
Mary McLeod will join the Consumer Financial Protection Bureau (CFPB) as its new general counsel, the bureau has announced. McLeod will replace Meredith...
NewDay USA Picks Tim Thompson As Chief Financial Officer
Wall Street veteran Paul 'Tim' Thompson III has joined Veterans Affairs lender NewDay USA as chief financial officer. Thompson is the former chairman...
Federal Reserve Raises Short-Term Rates For First Time In Nine Years
For the first time in nine years, the Federal Reserve voted Wednesday to raise short-term interest rates. Citing that inflation continues to rise...
Housing Starts Jumped An Impressive 10.5% In November
Housing starts in November were at a seasonally adjusted annual rate of about 1.173 million - an increase of 10.5% compared with the...
Ellie Mae: TRID Likely Increased Number Of Days To Close In November
A slight increase in the number of days it took to close a real estate transaction in November could be a result of...
MBA: Mortgage Applications Decreased 1.1%
After increasing 1.2% the previous week, mortgage application volume decreased 1.1% on an adjusted basis during the week ended Dec. 11, according to...
FICAP System Helps Lenders Manage Appraisers Compliantly
A group of executives and compliance officers who lead the Designated Appraiser Coalition (DAC), a national organization of 400-plus valuation service professionals who...
New Version Of Encompass Offers Overnight Rate Protection
Ellie Mae has released version 15.2 of its Encompass loan origination system. The new version includes compliance updates, overnight rate protection for secondary...
Chronos Solutions Acquires Mortgage Technology Provider Cogent Road
Chronos Solutions, a Texas-based national real estate finance services provider, has acquired Cogent Road, a San Diego-based mortgage technology company, to expand its...
DBRS Names StoneHill Group An Acceptable Provider Of Mortgage Due Diligence
Credit research and ratings firm DBRS has named the StoneHill Group - a national provider of quality control, due diligence and mortgage fulfillment...
imortgage Hires Two New Executives
Mortgage industry veteran Kevin Budde has joined imortgage, a division of loanDepot, as senior vice president of production for the west division, while...
90% Of Mortgages Originated Since Oct. 3 Have TRID Violations
A report from Moody's shows that more than 90% of the mortgages originated since the Consumer Financial Protection Bureau's (CFPB) TILA-RESPA Integrated Disclosure (TRID)...
Mid America Mortgage Intros New Online Marketing Support Portal
Mid America Mortgage Inc. has introduced a new online marketing support portal for its strategic business partners, including real estate agents and brokers....
Mortgage Network Opens New Branch In Downtown Boston
Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., continues its rapid growth with the opening of a...
Mortgage Rates Up Slightly On Employment Report, Possible Fed Rate Hike
Mortgage rates ticked up slightly during the week ended Dec. 10 on a better-than-expected November employment report and the possibility that the Fed...