CaseMax Facilitates Unique Integration for Title Services Corporation
CaseMax’s partnership with Title Services Corporation (TSC), an Iowa-based title product company, has yielded an interesting first-time integration for the CaseMax case management system.
Though...
DocMagic Integrates With Vesta LOS to Deliver Automated Document Generation
DocMagic, a provider of compliant loan document generation, automated regulatory compliance and eMortgage services, and Vesta, a new mortgage loan origination system (LOS) and...
MBA: Mortgage Applications Rise For a Second Straight Week
Mortgage application volume increased for a second straight week, rising 2.8% during the week ended Nov. 10, as mortgage rates continued to dip, according...
Old Republic Sells it MI Business to Arch Capital Group
Old Republic International Corp. has entered into a definitive agreement to sell its mortgage insurance business to Arch Capital Group Ltd.
In this transaction, Arch...
Retirements Usher in Leadership Changes at Fannie Mae
David C. Benson, president of Fannie Mae, and Jeffery Hayward, chief administrative officer, have announced their retirements, leading to leadership changes at the government-sponsored...
MMI Promotes Brian McKray to VP of Product
Brian McKray has been promoted to vice president of product at Mobility Market Intelligence (MMI), offering data intelligence and market insight tools for the...
Mortgage Credit Increased in October, Driven by Spike in Credit for Jumbo Loans
Mortgage credit availability increased 1% in October compared with September, driven mainly by an increase in credit availability for jumbo loans, according to the...
NAR: Average Income to Purchase a Home Jumps to $107K
The median household income of U.S. home buyers who purchased single-family primary residences jumped to $107,000 in June, according to the National Association of...
Infosys Teams with Better to Deliver White-Labelled Mortgage-as-a-Service Solution
Infosys, offering next-generation digital services and consulting, is teaming Better Home & Finance Holding Co., a digital-first homeownership company, to launch Mortgage as a...
Optimal Blue: Mortgage Rate Lock Volume Was Flat in October
Rate lock volume in October was flat compared with September; however, when adjusting for the extra business day, volume was down 4%, according to...
Homestead Road, Granite Mortgage Team to Simplify the Home-Buying Process
Homestead Road, a tech-enabled company specializing in purchasing single-family residential properties, and mortgage financing expert Granite Mortgage are partnering to simplify and enhance the...
Home Equity Down Slightly in Third Quarter But Remains Strong Overall
About 47.4% of mortgaged residential properties in the U.S. were considered equity-rich in the third quarter, meaning that the combined estimated amount of loan...
TransUnion: Americans Racked Up Record Debt in Q3
Due to high interest rates and higher-than-expected costs for goods, Americans are taking on more credit card debt, according to TransUnion’s Q3 2023 Quarterly...
Housing Affordability Fell to its Lowest Level in More Than a Decade in Q3
Mortgage rates above 7%, elevated construction costs and limited existing inventory helped push housing affordability to its lowest level in more than a decade...
Mortgage Machine Services Adds Crystal Stanton to Manage Customer Success
Crystal Stanton has joined mortgage origination software provider Mortgage Machine Services to manage customer success and onboarding.
Stanton has more than 20 years of customer...
Cloudvirga Completes Final Certification for Full Integration with Optimal Blue
Cloudvirga, a provider of digital mortgage point-of-sale platforms, reports that it has completed final certification for full API integration with the Optimal Blue product,...
Mortgage Rates See Biggest Weekly Drop in a Year
Mortgage rates dropped this week, with the average rate for a 30-year fixed-rate mortgage falling to 7.5%, down from 7.76% last week, according to...
Mortgage Fintech Lower Hires Amir Syed as Chief Growth Officer
Amir Syed has joined mortgage fintech Lower as chief growth officer.
"The atmosphere is ecstatic with Amir joining the Lower Family of Companies," says Mike...
Homebuyer Assistance Programs Flourishing in This Difficult Housing Market
Down Payment Resource (DPR), offering homebuyer assistance program data and solutions, reports that homebuyer assistance program administrators are responding to the mounting home affordability...
Dovenmuehle Mortgage Adds New Features to Improve Transparency and Communication
Mortgage subservicing company Dovenmuehle Mortgage has released two new features that provide transparency and improve communication through the company's borrower-facing web and mobile applications.
With...