The Mortgage Collaborative Identifies Top Mortgage Industry Challenges for 2025
The Mortgage Collaborative (TMC), a consortium of mortgage lenders dedicated to innovation and collaboration, has released its latest Pulse of the Network report, offering...
Xactus Introduces Intelligent Verification
Xactus, offering verification solutions for the mortgage industry, has introduced Intelligent Verification - what the firm calls a new class of technology.
Built on valuable...
Home Price Growth Slowed in January With Existing Homeowners Playing ‘Housing Musical Chairs’
U.S. home prices increased 0.1% in January compared the December and were up 3.3% compared with January 2024, according to First American’s House Price...
Informative Research Enhances AccountChek Integration With Freddie Mac’s LPA
Informative Research, which offers verification solutions geared for mortgage lenders, has enhanced its integration with Freddie Mac's Loan Product Advisor (LPA) asset and income...
GridBase Hires Rhiannon Bolen as Senior Vice President, National Sales Director
Rhiannon Bolen recently joined GridBase, a Grid151 company, as senior vice president, national sales director.
Bolen is known as a trusted advisor in the mortgage industry, having served...
NAR: Existing-Home Sales Dropped During January But Were Up Year-Over-Year
Existing-home sales fell to a seasonally adjusted annual rate of 4.08 million in January, down 4.9% compared with December but up 2.0% compared with...
TransUnion: Mortgage Originations Will Increase to Approximately 5.7 Million in 2025
TransUnion has released an optimistic report forecasting that mortgage originations will increase to approximately 5.7 million in 2025, up from approximately 4.6 million in 2024,...
Applications for New Home Purchases Surged in January
Applications for mortgages for new home purchases jumped 19% in January compared with December but were down 6% compared with January 2024, according to...
Mortgage Rates Dip Slightly for a Fifth Week But it Means Little for Buyers
Mortgage rates dipped slightly for a fifth straight week with the average rate for a 30-year fixed-rate mortgage dropping to 6.85%, down from 6.87%...
Rate Re-Hires Top-Producing Denver LO Chris Franquemont
Top producing LO Chris Franquemont has returned to Rate, following a brief stint with CrossCountry, the national mortgage lender reports.
Franquemont is a dominant loan...
Title Clearing & Escrow Hires Julieann Thornsberry as Business Development Manager
Julieann Thornsberry has joined Title Clearing & Escrow, a provider of title services for the real estate industry, as business development manager.
Thornsberry has more...
Housing Starts Dropped Nearly 10 Percent in January
Housing starts dropped 9.8% in January compared with December as builders reacted to mortgage rates nearing 7% and the looming possibility of tariffs that...
Mortgage Applications Dropped Last Week Despite Dip in Rates
Mortgage application volume dropped 6.6% on an adjusted basis during the week ended February 14, despite a slight decrease in mortgage rates, according to...
Rocket Mortgage Unveils New Program That Provides Closing Cost Credits for Rent Payments
Rocket Mortgage has introduced RocketRentRewards, a new program that provides closing cost credits for renters.
With a Rocket mortgage, homebuyers earn 10% back on the...
Home Builder Sentiment Plummeted in February Over Concerns on Tariffs
Builder confidence in the housing market fell sharply in February over concerns on tariffs, elevated mortgage rates and high housing costs.
As a result, the...
MBA: Share of Mortgages in Forbearance Fell in January
The rate of forbearance on mortgage loans fell to 0.40% in January, a decrease of 7 basis points compared with 0.47% in December, according...
NAHB to Trump: Tariffs on Imported Steel, Aluminum Will Drive Up Construction Costs
President Trump’s executive order imposing 25% tariffs on all imported steel and aluminum products is widely expected to raise residential construction costs, according to...
Rate of Critical Defects in Mortgage Loans Decreased in Q3
The rate of critical defects in mortgage loans post-closing decreased by nearly 17% in the third quarter, ending the quarter at 1.51%, according to...
Active and New Home Listings Increased in January, But Potential Buyers Aren’t Biting
Active listings of homes for sale increased in January to the highest level since early in the pandemic, Redfin reports.
They climbed 0.3% month-over-month on...
MMI Acquires Borrower Monitoring and Predictive Analytics Platform MonitorBase
Mobility Market Intelligence (MMI), which offers data intelligence and market insight tools for the mortgage and real estate industries, has acquired MonitorBase, a borrower...