Saturday, November 16, 2024

Residential Mortgage

MBA: Applications For New Home Purchases Dipped In December

Applications for new home purchases decreased 0.4% on an unadjusted basis in December compared to November, according to the Mortgage Bankers Association's (MBA)...

MBA: Mortgage Credit Availability Increased In December

Fannie Mae and Freddie Mac's decision to start accepting loans with up to 97% loan-to-value (LTV) ratio resulted in a small but notable...

MBA: Mortgage Application Volume Skyrocketed 49% Following Holidays

Mortgage application volume bounced back from the usual holiday lull, increasing an impressive 49% for the week ended Jan. 9, compared to the...

Chad Smith Appointed EVP Of Production, Direct Lending, For loanDepot

Chad Smith has been named executive vice president of production, direct lending, for loanDepot LLC, the nation's second-largest non-bank consumer lender. Under the...

Mercury Network, Platinum Data Solutions, Announce Integration

Platinum Data Solutions' RealView appraisal quality tool has now been integrated into the Mercury Network Appraisal Quality Management system from a la mode,...

First Federal Lakewood Now Using Ellie Mae Encompass

First Federal Lakewood, a mutual bank with nearly $1.6 billion in assets based in Lakewood, Ohio, has selected Ellie Mae's Encompass mortgage management...

CFPB: Nearly Half Of Borrowers Do Not Shop For A Mortgage

Nearly half of consumers do not shop around for a mortgage when purchasing a home, according to the National Survey of Mortgage Borrowers,...

Ellie Mae’s Mortgage Executive Joe Tyrrell Joins MISMO Board Of Directors

Ellie Mae says that Joe Tyrrell, the company's senior vice president of corporate strategy, has been appointed to the board of directors of...

Rudy Orman Appointed Managing Director Of Business Development For Carrington

Rudy Orman has been named managing director of business development for Carrington Holding Co. LLC, where he will serve as the new business...

LenderLive Announces New CIO, President Of Due Diligence Division

Mark Hughes has been named president of LenderLive Network Inc.'s due diligence division, and Lorie Helms has been hired as the company's new...

Wolters Kluwer Reveals Lenders’ Top Compliance Concerns For 2015

The Consumer Financial Protection Bureau's (CFPB) new integrated disclosure rules as well as new reporting requirements under the Home Mortgage Disclosure Act (HMDA)...

CoreLogic: 5.1 Million U.S. Homes Still In Negative Equity

About 273,000 U.S. homes returned to positive equity in the third quarter of 2014, bringing the total number of mortgaged residential properties with...

NRMLA: Senior Homeowners Saw Equity Increase $97 Billion In Q3

Homeowners age 62 and older added $97 billion in equity to their homes in the third quarter of 2014, an increase of about...

Black Knight: Higher-Priced Homes Appreciating Faster Than Lower-Priced Ones

Higher-priced homes are appreciating faster than lower-priced ones in most areas of the country, a report from Black Knight Financial Services shows. More...

DocuTech’s ConformX Enhances Compliance For Network Funding

Houston-based Network Funding LP has selected DocuTech Corp.'s ConformX to ensure that upfront disclosure documents meet local, state and agency compliance requirements through...

QuestSoft Helps Lenders Prepare For RESPA-TILA Reform

QuestSoft, a provider of automated mortgage compliance software, has updated its Compliance EAGLE solution with an upgraded data dictionary as the next step...

Inlanta Mortgage Opens New Branch In Illinois

Inlanta Mortgage Inc. reports that it has opened a new branch in Oswego, Ill. The new location is managed by Jim Gussman, a...

Freddie Mac: Mortgage Rates Kick Off 2015 At New Lows

Mortgage rates continued to inch down during the first week of 2015, according to Freddie Mac's Primary Mortgage Market Survey. During the week...

ARMCO Hires Phil McCall As COO

Mortgage quality control expert Phil McCall has joined ARMCO - ACES Risk Management, a provider of Web-based audit technology for the financial services...

Obama Directs FHA To Reduce Mortgage Insurance Premiums

In an effort to make home mortgages more affordable for first-time buyers and lower-income families, President Obama is directing the Federal Housing Administration...