MBA: Mortgage Application Volume Surged 25.5%
After falling 6.7% the previous week, mortgage application volume increased a remarkable 25.5% on an adjusted basis during the week ended Oct. 2,...
White House Says It Would Veto Bill Formalizing TRID Grace Period
The Obama administration on Tuesday issued a statement that the president would likely veto any legislation approved by Congress that would create a...
First Guaranty Mortgage Names Nicholas Imbimbo Director Of TPO Operations
First Guaranty Mortgage Corp. (FGMC), a national mortgage lending firm that offers retail, correspondent and wholesale solutions, has appointed Nicholas Imbimbo director of...
Financial Asset Services Hires National Sales Director
James Keith has joined Financial Asset Services Inc., a national asset management company specializing in asset management, property disposition and valuation services for...
Chinese Mandarin-Speaking Buyers Increasingly Paying All-Cash For U.S. Homes
The number of home buyers who speak Mandarin Chinese increased the most of any language group between 2005 and this year - up...
Mortgage Network Adds New Office In Plymouth, Mass.
Danvers, Mass.-based Mortgage Network, one of the largest independent mortgage lenders in the eastern U.S., has opened a new branch office in Plymouth,...
Fairway Independent Mortgage Taps Mike Certo To Manage Arizona Branch
Mike Certo has joined Fairway Independent Mortgage Corp., a full-service mortgage company headquartered in both Madison, Wis., and Plano, Texas, as a branch...
Walter Investment’s CEO Retires, Company Executive Promoted
Denmar J. Dixon has been appointed CEO and president of Tampa, Fla.-based Walter Investment Management Corp. by the company's board of investors following...
Mortgage Credit Availability Increased In September
Mortgage credit availability increased 0.3% in September compared with August to reach a score of 126.5 on the Mortgage Bankers Association's (MBA) Mortgage...
Class Appraisal Introduces TRID Valuation Support Desk
Class Appraisal, a Birmingham, Mich.-based appraisal management company (AMC), says that its TRID Valuation Support Desk is available to all brokers or lenders,...
Pavaso Rolls Out New Tool To Prevent Mortgage Fraud
One of the biggest challenges with mortgage e-closings is the potential for fraud. With closings now being handled remotely via the Internet, how...
Summit Valuations Names Mark Melikian Chief Valuation Officer
Niles, Ill.-based Summit Valuations, a full-service valuation company, has hired Mark Melikian as chief valuation officer to lead product development and the quality...
Fay Servicing Promotes Patrick Norton And Greg Reed In Executive Roles
Residential mortgage special servicer and originator Fay Servicing has named Patrick Norton its new president of loan originations and promoted Greg Reed to...
Valuation Partners Releases Tool To Protect Lenders From High-Risk CU Scores
Sugar Land, Texas-based Valuation Partners, a national appraisal management company, has launched its Market $en$e report to protect mortgage lenders from potential loan...
MBA Adds 14 New Members To Its Ranks
The Mortgage Bankers Association (MBA) has hired 14 new members to its workforce, which presently includes more than 2,200 member companies. The MBA...
Ernst Publishing Introduces TRID-Ready Calculator Ahead Of CFPB Deadline
Ernst Publishing Co., a provider of technology and closing cost data for the real estate and home finance industries, says that its TRID-ready...
ABA Launches New Database Of Enforcement Actions
Want to quickly find out which mortgage lenders have been 'busted' in recent enforcement actions - and for which violations? The American Bankers...
loanDepot Makes Executive And Team Hires To Enhance Marketplace Lending
Non-bank lender loanDepot has appointed Michael H. Wilson senior vice president of information technology and has acquired a team of 10 marketplace lending...
Freddie Mac: Mortgage Rates Remain Mostly Unchanged At Just Under 4%
Mortgage rates were largely unchanged for the week ended Oct. 1, despite the ongoing global growth concerns putting downward pressure on Treasury yields,...
Global DMS Appoints Mac Chiles Executive Vice President Of Sales
Mac Chiles has joined Lansdale, Pa.-based Global DMS, a provider of Web-based valuation management software, as executive vice president of sales to manage...