CoreLogic: Home Prices Now Within 9% Of April 2006 Peak
U.S. home prices, including distressed sales, increased 2.7% in April compared to March and were up 6.8% compared to April 2014, according to...
MBA: Mortgage Credit Availability Increased In May
Mortgage credit availability increased 0.5% in May compared to April, reaching an index score of 122.6 on the Mortgage Bankers Association's (MBA) Mortgage...
Mortgage Master Expands With Rockville, Md., Branch
Mortgage Master, a national mortgage lender and division of loanDepot LLC, has opened its newest branch in Rockville, Md., a suburb of Washington,...
CMBA Launches Group Focused On Technology And Marketing
The Sacramento, Calif.-based California Mortgage Bankers Association (CMBA) has announced the launch of its Mortgage Technology & Marketing Committee, the group's latest effort...
LRES Hires Three Vice Presidents Of Sales
LRES, a national provider of residential and commercial valuations and asset management services, has hired three industry veterans as its new vice presidents...
Black Knight: 62% Of Seriously Delinquent Loans Underwent Home Retention Actions
Of the approximately 952,000 borrowers who are 90 or more days past due but not yet in foreclosure, 62% have been through some...
Guarantee Mortgage Fined $228K For Violating Loan Originator Compensation Rule
Guarantee Mortgage Corp., which operated 10 branches in the San Francisco Bay Area, will pay a civil penalty of $228,000 for violating the...
Mortgage Banker Profits Increased In Q1, But Cost To Originate Went Up Too
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net profit of $1,447 on each loan originated in the first quarter,...
Mortgage Network Adds Jennifer Kasper To Tampa Office
Jennifer Kasper has joined Danvers, Mass.-based Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern U.S., as a senior...
Bay Equity Home Loans Opens New Branch In Minnesota
Regional lender Bay Equity Home Loans has opened a new branch in Minnesota. The new location in the St. Paul suburb of Oakdale...
Centier Bank Signs Up For Ellie Mae’s Encompass
Centier Bank, the largest private family-owned bank in Indiana, is the latest lender to sign up for Ellie Mae's Web-based all-in-one mortgage origination...
CFPB Denies Appeal; Significantly Boosts Penalty For PHH
In his first decision in the appeal of a bureau administrative enforcement proceeding, Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB),...
CFPB Fines RPM Mortgage $19M For ‘Illegal Compensation Plan’
RPM Mortgage Inc. will pay $19 million to settle allegations brought by the Consumer Financial Protection Bureau (CFPB) that the lender illegally paid...
CFPB: Reverse Mortgage Ads Are Confusing Consumers
A focus group study recently conducted by the Consumer Financial Protection Bureau (CFPB) reveals that many consumers are confused by advertisements for reverse...
MBA: Mortgage Application Volume Falls For A Sixth Straight Week
Mortgage application volume decreased 7.6%, on an adjusted basis, during the week ended May 29 compared to a week earlier, according to the...
Calyx Software Releases TRID-Ready Version Of Point
Calyx Software reports that it has endowed its Point solution with the features and capabilities necessary to help lenders comply with the Consumer...
ATPR Hires Shannon Cobb As Executive Vice President
Shannon Cobb has joined American Tax & Property Reporting Inc. (ATPR), a provider of technology solutions for the real estate and settlement services...
Freddie Mac: Mortgage Rates Basically Flat
Mortgage rates more or less stayed flat during the week ended June 4, compared to the previous week, according to Freddie Mac's Primary...
MRG Document Technologies Announces TRID-Readiness
MRG Document Technologies (MRG) reports that its mortgage document preparation software has been updated with the features and functionality lenders need to comply...
VidVerify Aims To Make Video Part Of The Mortgage Process
One of the challenges for lenders in delivering the new TILA-RESPA Integrated Disclosures to borrowers is ensuring that each borrower has read and...