ClosingCorp Introduces Risk Management Suite, LumenRMS
ClosingCorp, a provider of residential real estate closing cost data and technology, has released its new risk management suite, LumenRMS, to help lenders...
National MI Names Chief Sales Officer, Sales Execs
National Mortgage Insurance Corp. (National MI), a subsidiary of NMI Holdings Inc., has appointed Michael J. Dirrane senior managing director and chief sales...
RealtyTrac: Institutional Investor Purchases Hit Four-Year Low In 2014
Despite an increase in the fourth quarter, the share of home sales to institutional investors and all-cash buyers dropped in 2014, according to...
Mortgage Investor Verus Now Using Comergence For Due Diligence
Verus, a residential mortgage investor based in Washington, D.C., is using Comergence, a provider of third-party risk-management platforms, for originator screening and due...
Ellie Mae: Refinances Jumped In January On Lower Rates
Refinancing activity jumped eight percentage points in January to comprise about 51% of loan volume flowing through Ellie Mae's origination platform, the mortgage...
NTC Hires Gina Morales As Vice President Of Marketing
Gina Morales has joined Nationwide Title Clearing Inc. (NTC) as vice president of marketing. Morales is a board-certified public relations professional and marketing...
Title365 Taps Aaron Fain As VP For Mid-Markets Originations Division
Aaron Fain has joined Title365, a provider of title insurance and escrow services, as vice president and mid-markets originations division manager. Fain has...
Teraverde Launches New Unit To Help Mortgage Bankers With Compliance
To better serve the compliance needs of mortgage bankers and other financial institutions, consulting firm Teraverde Management Advisors has launched a new business...
Assure360 Rolls Out New Web-Based Version Of ProMatters
Mortgage technology and outsourcing solutions provider assure360 has launched the latest version of its case management system, ProMatters. Version 2.0 of the solution...
Freddie Mac: Mortgage Interest Rates On The Rise
Mortgage rates increased for a second consecutive week during the week ended Feb. 19, according to Freddie Mac's Primary Mortgage Market Survey. The...
RealtyTrac: Share Of Buyers Putting 3% Down Fell To 11-Year Low In 2014
The share of buyers taking advantage of low down payment mortgages dropped to an 11-year low in 2014, according to a report from...
Mortgage Applications Decrease In Latest MBA Weekly Survey
After a drop of 9% the week prior, mortgage application volume fell 13.2% on an adjusted basis during the week ended Feb. 13,...
The Collingwood Group Taps Bonnie McCloskey As Vice President
Housing finance policy expert Bonnie McCloskey has joined Washington, D.C.-based business advisory firm The Collingwood Group as vice president. Previously, McCloskey worked as...
Housing Starts Fell 2% In January
After increasing about 4.4% the month prior, housing starts in January reached a seasonally adjusted annual rate of 1.065 million units, a drop...
LoyaltyExpress Announces Customer Win
LoyaltyExpress, a provider of marketing automation and customer relationship management solutions for mortgage companies, reports that a major California-based lender has selected its...
Survey: Investors Continue To Prefer Flipping To Renting
Despite strong demand for rental housing, investors continued to prefer flipping to renting in January, according to Auction.com's Real Estate Investor Activity Report,...
Blueberry Systems Hires Geoff Bastow As CTO
Geoff Bastow recently joined mortgage technology provider Blueberry Systems as chief technology officer (CTO). Bastow began his career in the financial services industry...
NAR: Home Prices Rose 6%, Year Over Year, In Q4
Home prices for existing single-family homes continued to rise, albeit at a much slower pace, in the fourth quarter of 2014, according to...
CFPB Brings Action Against Three Lenders For Deceptive Advertising
The Consumer Financial Protection Bureau (CFPB) has brought action against three lenders - All Financial Services, American Preferred Lending and Flagship Financial Group...
ReverseVision Taps Wendy Peel As VP Of Sales And Marketing
Wendy Peel has joined ReverseVision, a provider of software to the reverse mortgage industry, as vice president (VP) of sales and marketing. Previously,...