NAR: Housing Market Improved In Q2 But Tight Inventory Remains A Concern
U.S. home prices increased in about 93% of markets in the second quarter, according to the latest quarterly report from the National Association...
MBA: Mortgage Application Volume Near Flat
Mortgage application volume was basically flat on an adjusted basis during the week ended Aug. 7, rising just 0.1% compared to the previous...
UWM Launches Tool That Helps Brokers Close Loans Within An Hour
United Wholesale Mortgage (UWM) has launched a new tool called UClose that will allow its broker clients to close loans within an hour...
MBA: Mortgage Credit Availability Increased In July
Mortgage credit availability increased 2.9% in July to reach an index score of 125.5 in the Mortgage Bankers Association's (MBA) monthly Mortgage Credit...
Bay Equity Hires Elizabeth O’Daly As Senior Loan Officer
Elizabeth O'Daly has joined mortgage lender Bay Equity as a senior loan officer. Specifically, O'Daly has joined the company's Cal Pacific team in...
Auction.com: July Existing-Home Sales Rose About 1.4%
Existing-home sales for the month of July will reach an annual rate of 5.39 million to 5.75 million, with a target estimate of...
Two Texas Mortgage Lenders Withdraw Their FHA Approval
Two Texas mortgage lenders have agreed to have their Federal Housing Administration (FHA) approvals withdrawn after they were fined by the U.S. Department...
Altisource Appoints Leadership For Government And Client Relations
Riccardo S. Brizzi and Kirk G. Willison have joined Altisource Portfolio Solutions, a provider of mortgage, financial and technology services for the real...
CoreLogic: Distressed Sales Hit Lowest Point Since 2007
Distressed sales - including real estate owned (REO) properties and short sales - accounted for 9.9% of total home sales nationally in May,...
MCT Trading Adds Secondary Market Veteran To Its Team
Ben Coll has joined the capital markets team at MCT Trading Inc. (MCT), which offers mortgage risk management, pipeline hedging, best-execution loan sales...
KeyBank Mortgage To Use Empower LOS To Support Retail Operations
Black Knight Financial Services says that KeyBank, a bank-based financial services company based in Cleveland, will implement the Empower loan origination system (LOS)...
Freddie Mac: Fixed Mortgage Rates Fell For Third Week Straight
Fixed mortgage rates edged down for a third week in a row during the week ended Aug. 6, as uncertainty about the economy...
MBA: Mortgage Application Volume Jumped 4.7%
After increasing a mere 0.8% the previous week, mortgage application volume increased 4.7% on an adjusted basis during the week ended July 31,...
CFPB: E-Closings Improve Borrower Understanding Of Mortgage Terms
A study conducted by the Consumer Financial Protection Bureau (CFPB) as part of its e-closing pilot reveals that borrowers who close their loans...
CoreLogic: U.S. Home Prices Increased 1.7% In June
U.S. home prices increased 1.7% in June compared to May and increased 6.5% compared to June 2014, according to CoreLogic's home price index...
Caliber Home Loans Adds Two New Hires And Relocates To Larger Facility
Caliber Home Loans Inc., a full-service national mortgage lender and agency direct seller/servicer, has recently hired Mike Homberg and Scott Berngartt as branch...
Ellie Mae Adds Former Visa VP As Chief Security Officer
Selim Aissi, the former vice president of global information security at Visa, has now joined the team at Ellie Mae as chief security...
Bestborn’s Accounting Technology Enhances Business For United Wholesale Mortgage
Bestborn Business Solutions, a provider of accounting and financial management solutions for the mortgage industry, has equipped Troy, Mich.-based wholesale lender United Wholesale...
Mid America Mortgage Promotes Chris Hartman To Sales Manager
Chris Hartman has been promoted to sales manager of wholesale and correspondent operations for Addison, Texas-based Mid America Mortgage Inc., according to the...
J.G. Wentworth Company Acquires WestStar Mortgage
The J.G. Wentworth Co., a purchaser of structured settlement payments and other receivables, has completed its acquisition of Woodbridge, Va.-based WestStar Mortgage Inc.,...