Saturday, November 16, 2024

Residential Mortgage

Dart Appraisal Now Using Platinum Data’s RealView

Dart Appraisal, a nationwide appraisal management company (AMC), is now using Platinum Data's RealView appraisal quality technology prior to submitting appraisals to lenders....

WFG National Title Hires Two New Agency Sales Consultants

Scott Peterson and Beatrice Sykes have joined WFG National Title Insurance Co. (WFG National Title), a full-service provider of title insurance and real...

UWM Now Offering Freddie Mac’s Home Possible Mortgage Program

United Wholesale Mortgage (UWM) is now offering Freddie Mac's new Home Possible Mortgage program, which enables qualified first-time home buyers and lower-income borrowers...

Mortgage Network Hires Two New Managers

Veteran mortgage professionals Jim Harrington and John Uttermann recently joined Mortgage Network Inc., one of the largest independent mortgage lenders in the eastern...

New Home Sales Jumped 7.8% In February

After dipping slightly in January, new home sales saw a healthy jump in February, rising to a seasonally adjusted annual rate of 539,000...

Validox Helping Lenders With AMC Oversight

Stringent third-party oversight requirements recently imposed by the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and the National...

Existing-Home Sales Up Slightly In February

After dropping nearly 5% in January compared to December, existing-home sales increased to an annual rate of about 4.88 million in February -...

Equity National Title Hires Two New Executives

Travis Cline and Jonathan Hill have joined Equity National Title, both in the role of vice president, national sales executive. Cline has extensive...

Roostify’s Online Mortgage Platform Now Integrated With Fannie Mae’s DU

Roostify's online platform for simplifying the mortgage application process is now integrated with Fannie Mae's Desktop Underwriter (DU) automated underwriting system. The integration...

RealtyTrac: Average Down Payment In 2014 Was $32,141

The average down payment on a home in 2014 was 14% of the home total, or about $32,141, according to a recent analysis...

CFPB To Let Lenders Respond Publicly To Consumer Complaints

Consumers who use the Consumer Financial Protection Bureau's (CFPB) complaint database must opt in to have their complaint narrative made public, under the...

‘Middle Ground’ Housing Finance Reform Proposal Reintroduced

A 'middle ground' housing finance reform proposal that uses private-sector market forces to appropriately price risk, while putting the scale and security of...

Mortgage Rates Fall As Spring Home Buying Season Begins

After increasing the previous week, mortgage rates edged back down again during the week ended March 19, according to Freddie Mac's Primary Mortgage...

FHFA: Development Of Common Securitization Platform Making Progress

The project to develop a common securitization platform (CSP), as well as a single mortgage-backed security, for government-sponsored enterprises (GSEs) Fannie Mae and...

MBA: Mortgage Application Volume Fell Again

Mortgage application volume continued to decline during the week ended March 13, dropping 3.9% compared to the previous week, according to the Mortgage...

Ellie Mae: Applications For Refinances Jumped 8% In February

Applications for refinances increased 8% in February to comprise 59% of lenders' loan volume, up from 51% in January, according to Ellie Mae's...

Envoy Mortgage Hires Michael Kuehner As Regional VP

Veteran mortgage origination executive Michael Kuehner has joined Envoy Mortgage as regional vice president for the northern California and Nevada region. Kuehner will...

Growing Parkside Lending Announces Two Key Hires

Robin Gilmore and Joann Berger have joined Parkside Lending, a growing national wholesale and correspondent lender, as executive vice president of operational strategy...

United Wholesale Mortgage Adds New ARM Product

United Wholesale Mortgage has added a new adjustable-rate mortgage (ARM) product to its Elite and Elite High Balance program called Elite ARM. The...

HomeBridge Launches Webinar Series To Help Lenders With New Integrated Disclosures

HomeBridge Financial Services Inc., one of the nation's largest non-bank mortgage lenders, is launching a webinar series and online knowledge center to help...