NAR: Vacation Home Sales Nearly Doubled In 2014
Vacation home sales were more robust in 2014 than they were during the most recent peak in 2006, and it's not because of...
Quicken Loans Seeks Relief From Federal Lawsuit Over Loan Quality
Quicken Loans has filed a preemptive lawsuit against the U.S. Department of Justice (DOJ) and the U.S. Department of Housing and Urban Development...
Settlement Agents Urged To Register On Black Knight’s Closing Insight Solution
Settlement agents can now register on Closing Insight, Black Knight Financial Services' suite of Web-based solutions designed to help lenders address the Consumer...
Richey May: Origination Volume Increased In Q4, As Did Per-Loan Expenses
Mortgage production increased 3.9% in the fourth quarter of 2014 compared to the third quarter, bringing production to the highest level since the...
Rich Swerbinsky, Nancee Mueller Join The Mortgage Collaborative
Rich Swerbinsky and Nancee Mueller have joined The Mortgage Collaborative as executive vice president of national sales and strategic alliances and vice president...
Fannie Mae Launches Home Buyer Education Program
Fannie Mae this week introduced its HomePath Ready Buyer program, which allows qualifying first-time home buyers to receive up to 3% of the...
Making Acceptable Homeowners Now Using IndiSoft’s RxOffice CMS
Making Acceptable Homeowners (MAH), a nonprofit mortgage underwriting counseling agency, is now using IndiSoft's RxOffice Counseling Management System (CMS) to manage its pre-purchase...
Freddie Mac: Mortgage Rates Inched Up Slightly
Fixed mortgage rates inched up slightly during the week ended April 16, according to Freddie Mac's Primary Mortgage Market Survey. The average rate...
OpenClose Hires Industry Veteran Ken Ellis As Director Of Business Development
Mortgage industry veteran Ken Ellis has joined loan origination system (LOS) provider OpenClose as director of business development. Ellis has more than 17...
MBA: Mortgage Application Volume Decreased Three Weeks Into Spring
Mortgage application volume decreased 2.3% on an adjusted basis during the week ended April 10, according to the Mortgage Bankers Association's (MBA) Weekly...
House Passes Mortgage Choice Act – Again
The Mortgage Choice Act of 2015, which was reintroduced earlier this year after dying in the last congressional session, passed in the House...
Survey: 41% Of Mortgage Lenders Not Prepared To Meet Aug. 1 Deadline
A survey recently conducted by document technology company Capsilon shows that 41% of mortgage lenders are not prepared to meet the Aug. 1...
RMK Financial To Pay $250,000 To Resolve False Advertising Claim
Mortgage lender RMK Financial Corp. will pay a $250,000 fine to resolve allegations brought by the Consumer Financial Protection Bureau (CFPB) that the...
Collateral Analytics Has New Tool To Help Appraisers Select Comparables
Collateral Analytics has developed a new tool that helps appraisers better select sales comparables when valuing homes, as well as to estimate the...
Altisource Launches New Cooperative For Real Estate Investors
In 2010, mortgage technology and services firm Altisource acquired Lenders One, a cooperative for independent mortgage bankers. Since then, the cooperative has evolved...
Freddie Mac: Mortgage Rates Lower Still
Mortgage rates continued to edge down during the week ended April 9, according to Freddie Mac's Primary Mortgage Market Survey. The average rate...
Veros Home Price Forecast Uncovers A ‘Tale of Two Coasts’
Veros Real Estate Solutions is predicting that U.S. home prices will increase an average of 3.2% from March of this year to March...
Applications For New Home Purchases Jumped 17% In March
Applications for new home purchases increased 17% in March compared to February, on an unadjusted basis, according to the Mortgage Bankers Association (MBA)...
MBA: Mortgage Applications Increased Slightly
After increasing 4.6% the week prior, mortgage application volume increased 0.4% on an adjusted basis during the week ended April 3, according to...
LRES Outlines Best Practices For AMCs
LRES, a national appraisal management and REO management company offering property valuations, asset management and technology solutions, has introduced a new handbook titled...