MBA: Mortgage Application Volume Basically Flat
After falling 1.9% the previous week, mortgage application volume was basically flat, rising just 0.1% on an adjusted basis, during the week ended...
NAR: June Existing-Home Sales Highest In Eight Years
Existing-home sales hit their highest pace in more than eight years, reaching an adjusted annual rate of 5.49 million units in June -...
Bills.com Now Using ClosingCorp’s Data And Technology
Bills.com, where consumers can find information on mortgages and other financial products, compare interest rates, and receive offers from leading lenders, is now...
Flipping More Popular Than Renting In Q2, Survey Reveals
Due to tight inventory and rising home prices in most areas of the U.S., flipping continued to edge out renting as the preferred...
Ellie Mae To Further Integrate Fannie Mae’s Tools With Encompass
Ellie Mae reports that it will be further integrating Fannie Mae's suite of risk management tools into its Encompass loan origination system. ...
HUD Appoints Richard K. Green As Senior Advisor On Housing Finance
Richard K. Green has been appointed senior advisor on housing finance in the Office of Policy Development and Research (PD&R) at the U.S....
Informative Research Opens New Data Center Near DFW International Airport
Informative Research, which provides proprietary tri-merge credit reports along with a broad variety of other risk management solutions for lenders and servicers, has...
Kevin Keyes To Replace Wellington Denahan As CEO Of Annaly Capital Management
Wellington Denahan has stepped down as CEO of Annaly Capital Management, one of the largest real estate investment trusts (REITs) in the U.S....
CFPB: TRID Deadline Now Officially Set For Oct. 3
The Consumer Financial Protection Bureau (CFPB) has officially set the effective date for implementation of its TILA-RESPA Integrated Disclosure (TRID) rules, also known...
Castle & Cooke Mortgage Opens New Branch In Orange County
Salt Lake City-based Castle & Cooke Mortgage has opened a new branch office in Anaheim, Calif. The new office, located within Orange County,...
JPMorgan Settles Mortgage Bond Suit For $388 Million
JPMorgan Chase will pay $388 million to settle allegations brought by investors who claimed the bank misled them about the degree of risk...
Accenture Mortgage Cadence Says Loan Fulfillment Center Now TRID-Ready
Accenture Mortgage Cadence reports that its loan origination platform, Loan Fulfillment Center, now has the features and capabilities mortgage lenders need in order...
Beth Santella Joins Mortgage Network As Loan Originator
Mortgage industry veteran Beth Santella has joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a...
United Wholesale Mortgage Launches Interest-Only Program
In order to give its broker partners the ability to target an even wider range of borrowers, United Wholesale Mortgage (UWM) has launched...
Freddie Mac: Volatility In Bond Markets Pushes Up Mortgage Rates
After decreasing slightly the previous week, fixed mortgage rates reversed course and jumped to their highest level so far this year, due mainly...
Housing Starts Jumped Almost 10% In June
Housing starts in June reached a seasonally adjusted annual rate of 1.174 million units, an increase of 9.8% compared to the revised May...
QBE Selling LPI Business To National General For $90 Million
QBE North America is selling its lender-placed insurance (LPI) business to National General Holdings Corp. for $90 million. The transaction, which is still...
Veros: Home Prices To Rise About 3.1% Over Next 12 Months
Home prices are forecast to rise an average of 3.1% during the next 12 months, according to Veros Real Estate Solutions' VeroFORECAST report....
Applications For New Homes Increased 1% In June; Builder Confidence Hits New High
Applications for new home purchases increased 1% on an unadjusted basis in June compared to May, according to the Mortgage Bankers Association (MBA)...
ELynx Updates Its Document And Data Exchange Solution For TRID
ELynx, which makes software for the secure exchange of mortgage documents and data, has added new features and capabilities to its Expedite compliance...