Arch MI Launches New Company To Insure Mortgages Held In Portfolio
Arch MI, a national provider of private mortgage insurance, has launched Arch Mortgage Guaranty Co. (AMG), a mortgage insurance company specifically created for...
Ellie Mae: Purchase Volume Up Slightly In December
Applications for purchases increased slightly in December following a four-month decline, according to Ellie Mae's Origination Insight Report, which tracks about 57% of...
New Home Sales Jumped 11.6% In December
New home sales jumped impressively in December to reach a seasonally adjusted annual rate of 481,000, an increase of 11.6% compared to November's...
RealtyTrac: 7.3 Million Potential ‘Boomerang’ Buyers
About 7.3 million borrowers who lost their homes during the recession are poised to become homeowners again over the next eight years as...
Auction.com Predicts Existing-Home Sales Will Be Flat In January
January existing-home sales will come in flat compared to December but will be up year over year compared to January 2014, according to...
NAR: Existing-Home Sales Up 2.4% In December
After falling 6.1% in November, existing-home sales were at a seasonally adjusted annual rate of 5.04 million in December - up 2.4% from...
Black Knight: Home Prices Inched Up Slightly In November
U.S. home prices inched up 0.1% in November compared to October and were up 4.5% compared to November 2013, according to Black Knight...
CFPB Fines Wells Fargo, JPMorgan Chase For Alleged Kickback Scheme
The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General (AG) are suing Wells Fargo and JPMorgan Chase for $24 million and...
Freddie Mac: Mortgage Rates Fell Again
Mortgage rates fell again amid declining bond yields and oil prices during the week ended Jan. 22, according to Freddie Mac's Primary Mortgage...
Titan Capital Solutions: Sell Us Your ‘Scratch and Dent’ Loans
Titan Capital Solutions (TCS), a wholly owned correspondent investment subsidiary of mortgage services provider Titan Lenders Corp., is now purchasing lenders' 'scratch and...
CFPB Makes Minor Changes To ‘Know Before You Owe’ Rules
After weighing feedback from the industry, the Consumer Financial Protection Bureau (CFPB) has finalized two minor changes to its 'Know Before You Owe'...
Housing Starts Jumped 4.4% In December
Housing starts jumped in December to reach an annual rate of about 1.089 million units, an increase of about 4.4% compared to the...
S&P To Pay $77 Million To Resolve Suits Over Mortgage-Backed Securities
Standard & Poor's (S&P) will pay $77 million to the federal government and two states to resolve allegations that it misled investors as...
LRES Acquires Lenders Choice
In keeping with its goal of expanding its national footprint, LRES, a national provider of residential and commercial valuations and asset management services,...
MBA: Mortgage Application Volume Rose 14.2%
Mortgage application volume increased 14.2% on an adjusted basis during the week ended Jan. 16, compared to the previous week, according to the...
Auction.com Hires Two Execs For Single-Family Residential Division
Online real estate marketplace Auction.com has added two new executives to its single-family residential division. Rob Behrend joins the company as senior vice...
Steve Paton Joins ProSys
Mortgage industry expert Steve Paton has joined ProSys, an executive consulting company providing mortgage servicers and related industry vendors with a broad range...
Credit Plus Now Using AccountChek For VODAs
As most lenders know, getting accurate borrower information as early as possible in the mortgage process is the key to reducing loan defects....
Freedom Mortgage Goes On Hiring Spree
In preparation for what it hopes will be a deluge of mortgage applications coming from 'underserved' borrowers seeking to take advantage of reduced...
Freddie Mac: Mortgage Rates Fell For Third Straight Week
Mortgage rates inched down for a third straight week during the week ended Jan. 15, according to Freddie Mac's Primary Mortgage Market Survey....