Flagstar Bank Hires Leonard Israel As President Of Mortgage
Mortgage industry veteran Leonard Israel has joined Flagstar Bank as president of mortgage. Israel has nearly 30 years of experience in the mortgage...
FHFA: Home Prices Increased Slightly In April
U.S. home prices continued to rise in April, increasing 0.3% on a seasonally adjusted basis compared to March, according to the Federal Housing...
New Home Sales Increased 2.2% In May
New home sales in May reached a seasonally adjusted annual rate of about 546,000 units, an increase of 2.2% compared to the revised...
Auction.com Predicts Existing-Home Sales Will Rise 4.1% In June
Existing-home sales in June will reach an annual pace of about 5.57 million, up 4.1% from May and up 11.2% from June 2014,...
LRES DirectConnect Integrates With Platinum Data Solutions’ RealView
Orange County, Calif.-based LRES, a national provider of property valuations and asset management services for mortgage bankers, lenders, servicers, credit unions and private...
NAR: Existing-Home Sales Rose 5.1% In May
Existing-home sales increased 5.1% in May compared to April and were up 9.2% compared to May 2014, according to the National Association of...
Wells Fargo Tops NAHREP’s Ranking Of Top Latino Originators
Wells Fargo Home Mortgage, New American Funding and Alterra Home Loans are the top three mortgage lenders, respectively, in terms of providing loans...
Survey: Lenders Would Not Have Been Ready By TRID Deadline
A survey conducted by consulting firm STRATMOR Group reveals that a majority of lenders would not have been ready for the Consumer Financial...
Wingspan To Shutter Mortgage Servicing Center
Special servicer Wingspan Portfolio Advisors is closing its call center in Melbourne, Fla., at the end of this month, Florida Today reports. About...
CoreLogic, ComplianceEase Introduce Automated Compliance Solution For Mortgage
CoreLogic has teamed up with ComplianceEase to introduce a new solution that will help mortgage lenders comply with the Consumer Financial Protection Bureau's...
DocMagic: CFPB Has Only Proposed Delaying TRID
DocMagic Inc., a provider of loan document preparation, compliance, e-sign and e-delivery solutions to the mortgage industry, says its software will be fully...
FHA Updates Mortgage Loan Defect Taxonomy
The Federal Housing Administration (FHA) is providing mortgage lenders with greater clarity over how it will go about identifying and categorizing loan defects...
Assure360 Hires Tracy Wierzelewski As VP Of Shared Services
Tracy Wierzelewski has joined mortgage technology and outsourcing solutions provider assure360 as vice president of shared services. Wierzelewski has more than 30 years...
Freddie Mac: Fixed Mortgage Rates Fall Back To Near 4%
After increasing significantly the previous week, fixed mortgage rates edged back down to near 4% during the week ended June 18, according to...
NRMLA: Seniors Saw Equity Increase, Mortgage Debt Decrease In Q1
Homeowners age 62 and older saw the equity in their homes increase by $63.5 billion in the first quarter compared to the fourth...
Ellie Mae: Purchase Loans Increased 6% In May
With the spring home buying season kicking into high gear, the mortgage industry moved even deeper into a purchase market in May, as...
Loan Limits Increased For MPF Direct Product
The Mortgage Partnership Finance (MPF) Program and Redwood Trust Inc. recently announced that the loan limit for the MPF Direct product has been...
CFPB Extends TRID Deadline
To the surprise of many mortgage industry professionals, the Consumer Financial Protection Bureau (CFPB) on Wednesday announced that it had decided to extend...
MBA: Mortgage Application Volume Fell 5.5%
After increasing an impressive 8.4% the previous week, mortgage application volume fell 5.5% during the week ended June 12, according to the Mortgage...
Carrington Mortgage Adds Tom O’Leary As Sales Manager
Tom O'Leary, a 15-year mortgage lending veteran, has joined the wholesale lending division of Carrington Mortgage Services LLC as regional sales manager. In...