Ellie Mae, Roostify Team Up To Offer Mortgage Management
Roostify, a provider of automated real estate transaction technology, has signed a partner license agreement with Ellie Mae, a provider of on-demand software...
Zillow: Mortgage Rates Holding Steady For Now
Zillow reports that mortgage rates more or less held steady during the week ending June 6. As of Friday, the average quoted rate...
NAR: Home Builders Not Keeping Pace With Job Creation
Although existing-home sales have been basically flat this spring, demand for new homes has increased, resulting in a severe lack of inventory. This...
Patrick Walden Named CEO At Envoy Mortgage
Patrick Walden has been named president and CEO of Houston-based mortgage lender Envoy Mortgage. He will replace Rick Thompson, who served as CEO...
MBA: Mortgage Application Volume Keeps Falling As Rates Hold Steady
Mortgage application volume continued to trend downward during the week ending May 30, dropping 3.1% compared to the previous week, according to the...
FHFA Seeks Input On G-Fees
The Federal Housing Finance Agency (FHFA) is requesting input on the guarantee fees (g-fees) that housing finance giants Fannie Mae and Freddie Mac...
Freddie Mac: Mortgage Rates Basically Flat This Week
Mortgage rates more or less held steady during the week ending June 5, according to Freddie Mac's Primary Mortgage Market Survey. The average...
New Jersey And Pennsylvania Banks Merge Into $8.4B Company
Provident Financial Services Inc. says it has completed its acquisition of Pennsylvania-based Team Capital Bank, with Team Capital merging with and into Provident's...
Ellie Mae Now Offering Flood Services With Loan Program
Ellie Mae, a provider software solutions and services for the residential mortgage industry, has added the Encompass Flood Service into its Total Quality...
CoreLogic: Home Prices Increased 2.1% In April
U.S. home prices, including distressed sales, increased 2.1% in April compared to March and were up 10.5% compared to April 2013, according to...
Clear Capital: Home Price Appreciation Is Slowing; Deals Still Exist
U.S. home prices inched up about 0.9% during the three months ending May 31, according to Clear Capital's Home Data Index (HDI) Market...
Ellie Mae: Average Number Of Days To Close Lowest Since August 2011
What are the advantages of declining originations for mortgage lenders? There aren't many, but one is a drop in the average number of...
Freddie Mac’s New Index Shows Housing Market Was ‘Weak’ In Q1
Freddie Mac has a new index that measures the overall strength of the housing market based on four indicators: purchase applications, payment to...
NAR: Pending Home Sales Up Only 0.4% In April
Although pending home sales inched up about 0.4% in April, compared to March, according to the National Association of Realtors' (NAR) Pending Home...
RealtyTrac: U.S. Home Prices Up 4% In April
U.S. home prices kept inching up in April, as short sales and foreclosure sales continued to dramatically decline, according to RealtyTrac's monthly Residential...
Freddie Mac: Mortgage Rates Tick Down For Fifth Straight Week
Mortgage rates ticked down for a fifth straight week during the week ending May 29, according to Freddie Mac's Primary Mortgage Market Survey....
MBA: Mortgage Application Volume Dipped 1.2% Last Week
It's late May and spring home shoppers have hardly come out of hibernation - begging the question, will they ever? According to the...
RBS To Slash Jobs From Its Mortgage Business
Royal Bank of Scotland is reportedly planning to shrink its mortgage trading business by two-thirds over the next two years, due mainly to...
Home Prices Inched Up In March, But Rate Of Appreciation Is Slowing
Several reports out this week show that U.S. home prices continued to increase in March and also during the first quarter - albeit...
Flipt Flipped To ‘Off’ For Now
Seattle-based Flipt, a new online home shopping site that matches properties to buyers based on what the buyer plans to do with the...