Freddie Mac Reaches $100 Billion In Multifamily K-Deal Securitizations
Freddie Mac Multifamily says it has reached the $100 billion milestone in multifamily mortgages through its K-Deal program. By transferring the vast majority...
DocMagic To Launch Collaborative Closing Platform
Document technology company DocMagic Inc. is launching a collaborative closing platform that will help mortgage lenders comply with the Consumer Financial Protection Bureau's...
New Home Sales Took A Dive In March
New home sales dropped significantly in March to an annual rate of about 481,000 units - a decrease of 11.4% compared to the...
Waterstone Mortgage Adds Branches In Virginia And Florida
National mortgage lender Waterstone Mortgage Corp. recently added two new branches to its national direct-lending branch network and also opened its new regional...
Auction.com: Existing-Home Sales Will Rise About 2.3% In April
Existing-home sales for the month of April will reach an annual rate of between 5.15 million and 5.47 million, with a targeted number...
FHFA: U.S. Home Prices Rose Slightly In February
U.S. home prices rose 0.7% on a seasonally adjusted basis in February compared to January and were up 5.4% compared to February 2014,...
Freddie Mac: Mortgage Interest Rates Edged Down Again
After inching up slightly the previous week, fixed mortgage rates edged down again during the week ended April 23, according to Freddie Mac's...
Farmington Bank Launches Correspondent Lending Portal
Farmington Bank, a full-service community bank with 22 branch locations throughout central Connecticut, has launched its new Correspondent Lending Portal (CLP), which offers...
loanDepot Taps Brian Biglin As Chief Risk Officer
Brian Biglin has joined non-bank mortgage lender loanDepot as chief risk officer. Biglin, a widely respected leader in the lending and technology industries,...
NAR: Existing-Home Sales Jumped 6.1% In March
Existing-home sales reached a seasonally adjusted annual rate of 5.19 million in March - an increase of 6.1% compared to an annual rate...
Freddie Mac: U.S. Housing Market Improving But Still ‘Weak’ Overall
Although anecdotal evidence might suggest otherwise, depending on what market you're in, Freddie Mac's Multi-Indicator Market Index, or MiMi, shows that the U.S....
Independent Bank Selects Ellie Mae’s Encompass To Tame RESPA-TILA
Independent Bank, a full-service mortgage lender with 64 branch locations throughout Michigan and $2.3 billion in total assets, is now using Ellie Mae's...
Essent MI, LendingQB Now Integrated
Users of LendingQB's loan origination system (LOS) can now get real-time rate quotes and quickly order private mortgage insurance (MI) from Essent MI...
MBA Appoints Bradley S. Padratzik As Director Of Member Engagement
Bradley S. Padratzik has been appointed director of member engagement for the Mortgage Bankers Association (MBA). Padratzik has nearly two decades of experience...
Valuation Partners Hires Tim Bartek As VP, National Account Executive
Mortgage industry veteran Tim Bartek has joined Valuation Partners, a national appraisal management company, as vice president and national account executive. Bartek has...
Green River Capital Hires Katie Brewer As Chief Operating Officer
Katie Brewer has joined Green River Capital (GRC), a wholly owned division of Clayton Holdings, a subsidiary of Radian Group Inc., as chief...
Fannie Mae: CU Now Integrated With DU
Fannie Mae's Collateral Underwriter (CU) is now integrated with the company's Desktop Underwriter (DU) automated underwriting system, as well as EarlyCheck, the company's...
FHFA: G-Fees To See Only Minor Adjustments
Having found no compelling economic reason to change them, the Federal Housing Finance Agency (FHFA) has decided to leave the guarantee fees (g-fees)...
Auction.com: House Flipping Increased 6.5% In Q1
House flipping increased 6.5% in the first quarter compared the fourth quarter of 2014, according to Auction.com's Real Estate Investor Activity Report. The...
Housing Starts Climbed 2% In March
Housing starts reached a seasonally adjusted annual rate of about 926,000 units in March - an increase of about 2.0% compared to the...