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,...
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...