Mortgage Applications For New Homes Decreased 6% In November
Mortgage applications for new home purchases decreased by 6% on an unadjusted basis in November compared with October, according to the Mortgage Bankers...
The Compliance Group Hires Michelle Doyle As Director Of QC
Michelle Doyle recently joined mortgage compliance and quality control (QC) services provider The Compliance Group Inc. as director of QC. Doyle has more...
Freddie Mac Announces Winning Bidders On $1.1 Billion Of NPLs
Pretium Mortgage Credit Partners, Rushmore Loan Management Services and 21st Mortgage Corp. are the winning bidders on five separate pools of nonperforming loans...
MBA: Mortgage Application Volume Increased 1.2% Thanksgiving Week
After decreasing slightly the previous week, mortgage application volume increased 1.2% on an adjusted basis during the week ended Dec. 4, according to...
Fannie Mae Updates Servicing Management Default Underwriter Tool
Fannie Mae recently announced a policy change that requires servicers to calculate a borrower's full mortgage obligation - including the outstanding principal balance,...
FHA Sets Loan Limits For 2016
The Federal Housing Administration (FHA) has set its loan limits for 2016, raising them in 188 counties in order to account for increases...
Auction.com: Existing-Home Sales Were Basically Flat In November
While the housing industry waits for official figures to be released, Auction.com is forecasting that annual existing-home sales in November were in the...
MBA: Mortgage Banker Profits Decreased In Q3
Mortgage bankers reported a net gain of $1,238 per loan in the third quarter - down from $1,522 in the second quarter but...
MBA: Mortgage Credit Tightened In November
Mortgage credit availability decreased 0.8% in November compared with October, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). The...
CoreLogic: Completed Foreclosures Fell 12.3% In October
There were about 37,000 completed foreclosures in October - a decrease of 12.3% compared with about 43,000 in September and a decrease of...
Mortech Enhances PPE Integration With Calyx Point
Mortgage technology provider and Zillow Group company Mortech reports that it has enhanced the integration between its product and pricing engine (PPE) and...
AMC ValuAmerica Integrates With Mercury Network Platform
ValuAmerica, a national title agency, appraisal management company (AMC) and technology provider, has integrated into the Mercury Network vendor management platform. Lenders using...
Black Knight: FHA, VA Dominate High-LTV Mortgage Market
Although government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac rolled out new 97% loan-to-value (LTV) programs last year, in an effort to free...
RealtyTrac: Home Sales Up About 6% Compared With Last Year
About 2.8 million single-family homes and condos were sold in the first 10 months of 2015 - an increase of 6% compared with...
Another Law Firm Signs Up For TitleConnect
The law office of David P. Modell, based in Bethesda, Md., has signed up with TitleConnect, a strategic alliance and partnership platform for...
HomeUnion Hires Akiko Koh As COO, SVP Of Operations
Akiko Koh has joined online real estate investment management firm HomeUnion as chief operating officer (COO) and senior vice president (SVP) of operations....
Richard Cordray: ‘Prophets Of Doom’ Were Wrong About TRID
During the Consumer Federation of America convention held Dec. 3 in Washington, D.C., Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB),...
HomeUnion Launches New Mortgage Brokerage Focused On SFR Investors
HomeUnion, an online real estate investment management firm, has launched a new mortgage brokerage dedicated to meeting the needs of single-family rental (SFR)...
RealtyTrac: Home Prices Hit New Peaks In 35% Of Markets This Year
Although home prices in a majority of U.S. markets are yet to return to pre-crisis levels, about 35% of markets reached new, all-time-high...
assure360 Launches POCpro Service Offering
Carrollton, Texas-based assure360, a software company that makes case management systems for law firms operating in mortgage collections, has launched POCpro, an independent...