Indecomm Expands Mortgage Training Offerings With Mortgage U Acquisition
Business process outsourcing and learning solutions provider Indecomm Global Services now has a stronger foothold in the mortgage training space, with the acquisition...
Opes Advisors Debuts Residential Bridge Loan Program
Opes Advisors, a wealth management and mortgage banking firm based in Palo Alto, Calif., has launched a new bridge loan program designed for...
STRATMORE Group, CFI Group Create Mortgage Feedback Application
CFI Group, a customer satisfaction technology and analytics firm, has entered into a partnership with STRATMOR Group, a mortgage industry advisory firm, to...
Enterprise Bank & Trust Acquires Gorman & Gorman
St. Louis-based Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp., has acquired the operating assets of Gorman & Gorman...
Rels Title Rebranded As DataQuick Title
DataQuick, a provider of real estate data and analytics, says that Rels Title, which was acquired by DataQuick last September, has been officially...
Fraser To Head Up CitiMortgage
Jane Fraser, who served as CEO of Citigroup's private bank for the past four years, has reportedly been tapped as the new chief...
Inventory Shortage Driving Up Home Prices In Some Urban Areas
A shortage of housing inventory is driving up home prices in select metropolitan markets, according to Pro Teck Valuation Services' May 'Home Value...
Accurity Valuation Taps ACI Software For Appraisals
Residential appraisal firm Accurity Valuation is now using ACI's real estate appraisal software to streamline the production and distribution of appraisal reports. With...
Judge Revives JPMorgan-Dexia Mortgage Debt Lawsuit
A federal judge has issued a new decision on a lawsuit accusing JPMorgan Chase & Co. of misrepresenting risky residential mortgage-backed securities (RMBS)...
Mortgage Rates Inch Higher For Second Straight Week
U.S. mortgage rates moved higher for a second consecutive week, with the benchmark 30-year fixed mortgage rate climbing to 3.71%, according to Bankrate.com's...
Hibernian Pacific Holdings Enters Single-Family Market
Alpharetta, Ga.-based real estate investment company Hibernian Pacific Holdings LLC (HPH) has purchased a portfolio of 45 single-family attached and detached residential properties...
LendingQB Weaves Mortgage Insurance Underwriting Guidelines Into AUS
Loan origination software provider LendingQB says it has implemented mortgage insurance (MI) company underwriting guidelines into its automated underwriting system (AUS) so that...
Zillow Contributes To The Rent Vs. Buy Question
According to a first-quarter analysis from online real estate marketplace Zillow, in 64% of U.S. metropolitan areas, buying a home is a better...
Home Price Increases Have Been Robust, And Will Likely Stay That Way
CoreLogic has released a new analysis of home price trends that finds prices increased by 7.3% in 2012, the strongest rate of appreciation...
Good Mortgage Pull-Through Performance In April
According to Ellie Mae's 'Origination Insight Report' for April 2013, lender pull-through was strong for the month, with an overall closing rate of...
Lender Using Mobile App To Streamline Mortgage Processing
CashCall has selected the Kofax Mobile Capture for Mortgage mobile app to streamline and automate mortgage loan processing functions, such as capturing original...
Fitch Completes Canadian Residential Mortgage Loss Model
Fitch Ratings has finalized its new model framework for estimating losses on prime Canadian residential mortgage pools, which allows the firm to better...
AmeriSave Mortgage Enters Correspondent Lending Space
Atlanta-based AmeriSave Mortgage Corp. has launched a correspondent lending division to complement its existing third-party origination division, which facilitates originations with community banks,...
ICBA Says CFPB Rules Could Compromise Access To Credit
Results of the Independent Community Bankers of America's (ICBA) recent 'Community Bank Qualified Mortgage Survey' suggest that provisions for balloon-payment mortgage loans and...
Florida Housing Market Is Strengthening
According to recent data from Florida Realtors, the state's housing market gained strength in the first quarter of 2013, with increased closed sales,...