Choice Mortgage Group Adds Brian Mozley as Chief Growth Officer
Seasoned mortgage and financial services executive Brian Mozley has joined Choice Mortgage Group, a full-service mortgage lender, as chief growth officer.
Mozley has two decades...
Truework Hires Randy Lightbody as Head of Mortgage
Randy Lightbody has joined Truework, a provider of income and employment verification technology, as head of mortgage.
Lightbody has more than 35 years of experience...
OptimalBlue: Mortgage Lock Volume Increased 24 Percent in March
A 52% surge in rate-and-term refi locks during March drove a 24% overall increase in mortgage lock volume as early spring buyers returned to...
Minnesota Most Desired State for Homeownership Among Those Under 35
Minnesota ranks as the most desired state for young people buying property, with 50.8% of people under age 35 owning a home, according to...
Westcor Hires Rachael Yenque as Florida Agency Representative
Rachael Yenque recently joined Westcor Land Title Insurance Co. as Florida agency representative.
Yenque has 20 years of experience in the title insurance industry. She...
ICE: Home Price Appreciation Slowed in February
Home price appreciation slowed across the U.S. in February, with condo prices decreasing annually for the first time in more than a decade, according...
Clever Offers Platform Hits $500 Million Milestone
Clever Real Estate reports that its new Clever Offers platform - a free service that allows home sellers on tight timelines to explore their...
Carrington Mortgage Services’ Correspondent Channel Focusing on Non-QM
Carrington Mortgage Services (CMS) reports that, moving forward, its correspondent channel is concentrating exclusively on underwriting and purchasing non-qualified mortgage (non-QM) loans.
“In recent years,...
Mortgage Collaborative Adds Seven New Lenders to its Network
The Mortgage Collaborative, an independent cooperative network serving the mortgage industry, recently added the following lender members to its growing community:
Zillow Home Loans
Old National...
Labor Market Remained Strong in March, With 228,000 Jobs Added
The U.S. economy added about 228,000 jobs in March - higher than was expected - while the unemployment rate increased slightly to 4.2%, according...
FHLB Cincinnati Launches Hundred Homes Initiative
FHLB Cincinnati has launched the Hundred Homes Initiative, which will offer $5 million in funding to move 100 households living in mobile homes constructed...
Redfin: Surging HOA Fees, Insurance Costs Dragging Down the Condo Market
The condo market has been slowing due to surging insurance costs and HOA fees, which have priced many buyers out.
It has also become more...
Mortgage Rates Decrease Slightly for Third Straight Week
Mortgage rates continued to edge down this week, with the average rate for a 30-year, fixed-rate mortgage falling to 6.64%, down from 6.65% last...
AssetVal and Restb.ai Modernize BPOs With AI-Powered Visual Validation
AssetVal, a valuation company known for delivering high-quality broker price opinions (BPOs), is now integrated with Restb.ai, an innovator in computer vision AI for...
FirstClose Taps David Bolin as Vice President of Marketing
David Bolin recently joined FirstClose, Inc., a provider of data and workflow solutions for home equity and lenders nationwide, as vice president of marketing.
In...
Veros: U.S. Home Prices Forecast to Rise 2.4 Percent Over Next 12 Months
U.S. home prices will rise about 2.4% over the next 12 months, according to the Q1 2025 VeroFORECAST report recently released by Veros Real...
Freddie Mac Auctions Pool of NPLs With $261 Million in UPB
Freddie Mac recently sold via auction 1,458 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio.
The loans, with an unpaid...
One Real Mortgage Launches Compensation and Stock Awards Programs for LOs
One Real Mortgage, the mortgage broker arm of The Real Brokerage Inc., is setting a new standard for loan officer empowerment with the launch...
Purchase Applications Increased 2 Percent Last Week, Up 9 Percent From a Year Ago
Mortgage applications decreased 1.6% during the week ended March 28, as the average rate for a 30-year, fixed-rate mortgage dropped to 6.70%, down from...
Case-Shiller: Home Prices Increased 0.6 Percent in January
U.S. home prices increased 0.6% on a seasonally adjusted basis in January compared with December and were up 4.1% compared with January 2024, according...