New Smartphone App Feeds Important Data To Mortgage Customers
Easy Mortgage Apps LLC has developed a new smartphone app, known as Mobile Administrative and Marketing Assistant (MAMA), that is designed to help...
FHFA Officially Directs GSEs To Purchase QMs Only
This week, the Federal Housing Finance Agency (FHFA) followed up on a final rule issued in January by directing Fannie Mae and Freddie...
First Since 2006: Home Prices Up More Than 10 Percent Year Over Year
The March 2013 CoreLogic HPI report shows that home prices nationwide, including distressed sales, increased 10.5% on a year-over-year basis compared to March...
RiskSpan RS EDGE Enhanced To Leverage GSE Loan-Level Data
RiskSpan says its RS EDGE data analysis tool is now available for use to subscribers of Fannie Mae's and Freddie Mac's historical loan-level...
MBIA Settles With Bank of America
MBIA Inc. and its subsidiaries have finalized a settlement agreement with Bank of America Corp., whereby MBIA will receive a net payment of...
FirstREX, HomeStreet Roll Out Down-Payment Program
FirstREX has introduced its REX HomeBuyer program, whereby the company will fund up to half of a borrower's down payment on a purchase...
OpenClose Updates Correspondent Lending Platform
Mortgage software developer OpenClose has released updates to its Web-based correspondent lending technology platform to add more compliance-related tools and improve the system's...
Mortgage Builder LoanXEngine CRM And Pricing Software Gets Upgrades
Mortgage Builder Software says it has made major upgrades to LoanXEngine, its customer relationship management (CRM) and product pricing and eligibility engine (PPE)....
LoanSifter Tech Simplifies Management Of Mortgage Rate-Lock Changes
LoanSifter Inc., a provider of product eligibility and pricing solutions for the mortgage banking industry, has launched the initial phase of its new...
Veros’ Proprietary Collateral Valuation Data Now Available Widely
Veros Real Estate Solutions, a company focused on collateral valuation technology, says its proprietary home price index, VeroHPI, is now available for commercial...
W.J. Bradley Adds Broker-Dealer Subsidiary
W.J. Bradley Mortgage Capital LLC, a Colorado-based mortgage banking firm, has acquired W.J. Bradley Investment Banking/Capital Markets, an SEC-registered broker-dealer. As a wholly...
Caliber Funding Begins Work In The Correspondent Lending Space
Caliber Funding LLC has debuted its new correspondent lending channel, which will expand its mortgage production capacity and allow it to provide more...
MBIA Settles Flagstar Bancorp Suit
Flagstar Bancorp Inc., the holding company for Flagstar Bank FSB, has settled the lawsuit that MBIA Insurance Corp. filed against the company in...
New Insurance Product Adds Additional Layer Of Safety For Mortgage Lenders
Equity National has introduced Equity ISP (Insured Settlement Protection), an insurance product designed to protect insured mortgage lenders against closing fraud, defalcation and...
Stewart Lender Services Appoints Jim Davis Vice Chairman
Stewart Lender Services Inc., a provider of mortgage origination and servicing support services, has appointed Jim Davis vice chairman and executive vice president...
Pending Home Sales Figures Look Better, But Reflect Only ‘Modest Movement’
Pending home sales increased in March and remain above year-ago levels, but contract activity in recent months shows only modest movement, according to...
Freddie Rolls Out Loan Quality Advisor Due Diligence Tool
Freddie Mac has introduced a new online tool, the Loan Quality Advisor, designed to help lenders identify credit, data and purchase eligibility issues...
LenderLive Network Is Now An Approved Freddie Mac Seller/Servicer
Mortgage services provider LenderLive Network Inc. says it has been certified as an approved Freddie Mac seller, which will enable the company to...
CalHFA Debuts Preservation Loan Program For Affordable Housing
The California Housing Finance Agency (CalHFA) has added its new Preservation Loan Program to its suite of offerings. The program provides acquisition, rehabilitation...
Fannie Mae Bringing Granular Loan-Level Data To Private Investor Partners
Fannie Mae says it is now making loan-level credit performance data from over 18 million single-family mortgages available to investors, enabling them to...