MBA Forecasts 10% Increase In Purchase Originations In 2016
The Mortgage Bankers Association (MBA) is forecasting that mortgage purchase originations in 2016 will rise to $905 billion, an increase of 10% compared...
MQMR Taps Timothy Cox For New Chief Strategy Officer Role
Timothy Cox has joined Mortgage Quality Management & Research (MQMR), a mortgage risk management company, as chief strategy officer to lead business development,...
The StoneHill Group Grows Staff Numbers As Demand For Loan Quality Soars
The StoneHill Group, a national provider of quality control, due diligence and mortgage fulfillment solutions, says it has increased its staff size by...
Mid America Mortgage Opens New Branches In Missouri, Kansas
Addison, Texas-based Mid America Mortgage Inc., a nationwide lender licensed in more than 40 states with more than 300 employees, has opened two...
MBA: Mortgage Application Volume Seesawing Wildly
Mortgage application volume has been seesawing wildly during the past several weeks. After increasing a remarkable 25.5% on an adjusted basis during the...
Housing Starts Up 6.5% In September
Housing starts were at an annual rate of about 1.206 million units as of September - an increase of 6.5% compared with a...
Docutech Customers Report Successful Closing Of First TRID Loans
Docutech reports that several of its mortgage lender clients have successfully and smoothly closed loans following implementation of the Consumer Financial Protection Bureau's...
CFPB ‘Disturbed’ By Some Vendors’ Lack Of Preparedness On TRID
In April 2012, the Consumer Financial Protection Bureau (CFPB) introduced new guidelines for lenders to follow with regard to how they manage their...
Freddie Mac: Fixed Mortgage Rates Fall Following Dip In Treasury Yields
Fixed mortgage rates moved lower for the week ended Oct. 22 following a decline in Treasury yields, according to Freddie Mac's latest Primary...
Resitrader Rolls Out Online Trading Platform Facilitating Whole Loan Transactions
Resitrader Inc., a provider of whole loan mortgage trade management software, has launched an online marketplace that will enable loan originators, banks, servicers,...
NAR: Existing-Home Sales Rebounded In September
Existing-home sales regained momentum in September at an annual rate of 5.55 million, an increase of 4.7% from a downwardly revised 5.30 million...
MBA: Mortgage Application Volume Rose 11.8% Last Week
Mortgage application volume increased 11.8% on an adjusted basis during the week ended Oct. 16 compared with the previous week, according to the...
Castle & Cooke Mortgage Opens Newest Branch In Washington
Salt Lake City-based Castle & Cooke Mortgage has opened its latest branch office in Olympia, Wash., as part of the company's aggressive expansion...
STRATMOR Adds New Multilingual Tool To MortgageSAT Survey
STRATMOR Group, a consulting firm that helps mortgage banks build profitable mortgage lending operations, has added a new multilingual functionality to its MortgageSAT...
Freddie Mac, The Mortgage Collaborative Partner To Offer Critical Products, Services
Freddie Mac and The Mortgage Collaborative have joined together to help the collaborative's members build better businesses and compete more effectively in the...
ClosingCorp Introduces New Lumen Snapshot Tool
San Diego-based ClosingCorp, a provider of residential real estate closing cost data and technology, has launched its Lumen Snapshot tool, which provides prospective...
MBA, Freddie Mac Announce Alliance To Provide New Benefits To MBA Members
The Mortgage Bankers Association (MBA) and Freddie Mac have joined together to offer MBA members a variety of special mortgage product flexibilities and...
IDS Acquired By Reynolds And Reynolds
Mortgage document technology company International Document Services (IDS) has been acquired by Reynolds and Reynolds, a provider of automotive dealership software, documents and...
Castro Defends HUD’s Request For Administrative Fee
Julian Castro, secretary of the U.S. Department of Housing and Urban Development (HUD), on Monday defended his department's request for an administrative fee...
Parkside Lending Subsidiary Joins Federal Home Loan Bank Of Cincinnati
PSL Insurance Co., the insurance subsidiary of national wholesale and correspondent lender Parkside Lending, has become a member of the Federal Home Loan...