LoanDepot Adds 10- and 30-Year Terms to its equityFREEDOM Portfolio
LoanDepot has expanded its equityFREEDOM portfolio with 10- and 30-year home equity loan terms.
The expansion means even more homeowners will be able to tap...
Mortgage Rates Edge Down for a Fourth Straight Week
Mortgage rates continued to edge down this week, with the average rate for a 30-year fixed-rate mortgage dropping to 6.87%, down from 6.89% last...
More Home Sellers Cutting Prices as Inventory Rises
Nearly 23% of home sellers cut their home's list price in January, according to Zillow.
That’s the highest share of any January since Zillow began...
Optimal Blue: Refinance Activity Surged 20 Percent Year-Over-Year in January
Purchase lock volume increased 16% in January compared with December but was down 6% compared with January 2024, according to Optimal Blue’s latest Market...
Argyle Delivers Fully Embedded VOIE Solution Through Enhanced Integration With nCino
Argyle, which offers income and employment verifications for mortgage lenders, has launched a fully embedded VOIE solution through an enhanced integration with nCino, a...
Informative Research Integrates With Thomas & Company’s Wage and Employment Verification Service
Informative Research, which offers data-driven credit and verification solutions to the lending community, is now integrated with Thomas & Company, a provider of value-added...
Applications for Refinances Increased 10 Percent Last Week on Slight Rate Dip
Mortgage application volume increased 2.3% on an adjusted basis during the week ended February 7, as the average rate for a 30-year fixed-rate mortgage...
NAR: Home Price Growth Picked Up Steam Again in Q4
The national median single-family existing-home price was $410,100 as of the end of the fourth quarter, an increase of 4.8% compared with the fourth...
Planet Home Lending Hires Jason Mac Gloan as SVP, Correspondent Sales
Jason Mac Gloan has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as senior vice president, correspondent sales.
Mac Gloan has...
Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January, rising 2.5% compared with December to a score of 99.0 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
Consumers Had Slightly More Optimistic View of the Housing Market in January
Consumer sentiment toward the housing market increased slightly in January compared with December, driven mainly by an increase in the number of consumers who...
50K Families Achieve Homeownership With CBC Mortgage Agency’s DPA Program
CBC Mortgage Agency (CBCMA), a Native American wholly-owned and federally chartered housing finance agency, reports that it has helped 50,000 families achieve homeownership through its...
Mortgage Delinquency Rate Increased in Q4, With FHA, VA Loans Seeing Largest Increases
The mortgage delinquency rate on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98% as of the end of the fourth quarter,...
The Fay Group Taps Jason Biegel as President of its Capital Markets Group
Jason Biegel recently joined The Fay Group, a family of companies providing products, services and strategies in the mortgage and real estate sectors, as...
Mortgage Bankers Association Taps Matthew Gallant as Director of Member Relations
Matthew Gallant has joined the Mortgage Bankers Association (MBA) as director of member relations.
Gallant has more than 10 years of experience in the mortgage...
Bad News for Homebuyers as U.S. Job Market Stays Strong in January
The U.S. economy added about 143,000 jobs in January, according to the Bureau of Labor Statistics - and while that is less than the...
MCT: Mortgage Lock Volume Was Basically Flat in January
Mortgage lock volume dipped 0.12% in January compared with December, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets technology.
Despite a drop...
Pennymac Launches Full-Service Non-Delegated Solution
Mortgage lender and servicer PennyMac Financial Services has launched NonDel+, its first full-service non-delegated solution, as a part of its Pennymac TPO offerings.
The solution delivers an...
Mortgage Rates Drop for a Third Straight Week as Market Volatility Persists
Mortgage rates fell for a third straight week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.89%, down from 6.95% last...
Click n’ Close SmartBuy Program Now Features 30-Year, Conventional Option Approved by Freddie Mac
Mortgage lender Click n’ Close reports that its SmartBuy Shared Appreciation Mortgage (SAM) program now features a 30-year, fixed-rate conventional option approved by Freddie...