Tuesday, September 24, 2024

Residential Mortgage

CoreLogic’s Credco 4506-T Direct Now Offers e-Signature For Encompass360

CoreLogic's Credco service now offers e-signature for 4506-T requests on the Encompass360 loan origination platform. The company claims it is the first to...

Freddie Mac Offers Shutdown Work-Arounds

Lenders can continue to deliver mortgages to Freddie Mac even if the borrower is not receiving a paycheck as a result of the...

UPF Services And FormFree Partner To Create New Tool

UPF Services, a provider of real estate solutions, and FormFree, a technology provider, have launched VODChek, a new technology solution. The companies say...

Consumers In Cautionary Holding Pattern Amid Fiscal Policy Debate

Americans tempered their optimism toward the housing market in September, perhaps indicating growing caution surrounding the fiscal policy debate, according to Fannie Mae....

Index Shows Housing Markets Back To Normal In 52 Metros

Housing markets in 52 out of approximately 350 metro areas nationwide have now returned to or exceeded their pre-recession levels of activity, according...

Direct Valuation Solutions Integrates With Encompass360

Direct Valuation Solutions Inc., a provider of appraisal technology connecting lenders and appraisers, has integrated with Ellie Mae's Encompass360 mortgage management solution. According...

Fixed Mortgage Rates Drop For Third Week In A Row

Freddie Mac has released the results of its Primary Mortgage Market Survey for the week ending Oct. 3, showing average fixed mortgage rates...

New Penn Financial Launches Mini Correspondent Program

Nationwide lender New Penn Financial LLC has launched its mini correspondent program, which the company says enables small to midsize clients to close...

The Golden State Dominates In Veros’ Real Estate Forecast

Santa Ana, Calif.-based Veros Real Estate Solutions, a provider of collateral valuation technology, says that California's real estate recovery has kicked into high...

FHLBank San Francisco Returns To MPF Program

The Federal Home Loan Bank (FHLBank) of San Francisco has decided to renew its participation in the Mortgage Partnership Finance (MPF) Program. Starting...

Wintrust Gains Mortgage Banking Assets Of Surety

Wintrust Financial Corp. says its subsidiary, Barrington Bank & Trust Co. NA - through its division Wintrust Mortgage - has acquired certain assets...

SunTrust Reaches Accord With Freddie Mac On Faulty Mortgages

Following news that Wells Fargo and CitiMortgage had reached settlements with government-sponsored enterprise (GSE) Freddie Mac over 'faulty' mortgages that the banks sold...

MBA: Mortgage Application Volume Down Slightly

After increasing for two consecutive weeks, mortgage application decreased 0.4%, on a seasonally adjusted basis, during the week ending Sept. 27, compared to...

Freddie Mac Names Mackey Executive Vice President, CFO

Freddie Mac has hired James G. Mackey as executive vice president and chief financial officer (CFO). Mackey will report to Freddie Mac CEO...

Home Prices Rise 0.9% In August, Up 12.4% From Last Year

U.S. home prices, including distressed sales, increased 0.9% in August compared to July and were up 12.4% compared to July 2012, according to...

Wells Fargo Agrees To $869 Million Settlement With Freddie Mac

Wells Fargo has reportedly agreed to pay $869 million to government-sponsored enterprise (GSE) Freddie Mac to settle disputes over faulty mortgages the bank...

HUD Seeks Comment On CFPB-Aligned ATR/QM Rule

The U.S. Department of Housing and Urban Development (HUD) has introduced a qualified mortgage (QM) rule that aligns with the Consumer Financial Protection...

DataQuick Report Finds Mixed Results Of Housing Performance

San Diego-based real estate solutions provider DataQuick states in its monthly Property Intelligence Report (PIR) that there was an increase in foreclosure activity...

Impac Mortgage Re-Enters Warehouse Lending Space

Irvine, Calif.-based Impac Mortgage Holdings Inc. says that as a part of its mortgage lending expansion, it has re-entered the residential warehouse lending...

ClosingCorp SmartStart Aids In Good Faith Estimate Process

ClosingCorp, a La Jolla, Calif.-based provider of residential real estate data and technologies, has released SmartStart, a program that gives small to midsize...