Tuesday, October 22, 2024

Residential Mortgage

FormFree Launches New Exchange That Matches Qualified Borrowers with Lenders

FormFree has introduced a new exchange where lenders can connect with qualified borrowers. The new FormFree Exchange (FFX) is an online marketplace where lenders compete...

Optimal Blue: Mortgage Rate Lock Volume Plummeted 20 Percent in September

Headwinds from a seasonal decline in purchase activity and rising interest rates led to a 20% decline in rate lock volumes in September compared...

Depth Promotes Lindsey Neal and Leslie Colley to EVP Roles

Lindsey Neal and Leslie Colley have been promoted to executive vice president at Depth, offering B2B marketing, public relations and reputation management services for...

Freddie Mac: Mortgage Rates Rise For a Fifth Consecutive Week

The average rate for a 30-year fixed-rate mortgage increased to 7.57% during the week ended October 12, up from 7.49% last week, according to...

ATTOM: Foreclosure Activity Increased in the Third Quarter

Foreclosure filings — including default notices, scheduled auctions or bank repossessions — increased 28% in the third quarter compared with the second quarter and...

Service Credit Union Using Blue Sage to Gain New Efficiencies, Improve Borrower Experience

Service Credit Union, a $5 billion credit union serving members around the world, is now using the Blue Sage Digital Lending Platform, including its...

Vanderbilt Mortgage & Finance Selects Mortgage Cadence LOS

In an effort to deliver a more modernized experience for its customers, Vanderbilt Mortgage & Finance, a national home lender, has chosen the Mortgage...

Halcyon Gets Investment From The Mortgage Collaborative’s Emerging Technology Fund

The Mortgage Collaborative’s (TMC) Emerging Technology Fund, a specialist fintech fund explicitly focused on the mortgage industry and immediately adjacent verticals, has made its...

CoreLogic Unveils Digital Mortgage Platform

CoreLogic, a provider of software, data and analytics solutions to the real estate and mortgage industries, and Roostify, a provider of mortgage lending software,...

MBA: Mortgage Applications Increased Slightly Last Week 

Mortgage application volume increased 0.6% during the week ended Oct. 6, as the average rate for a 30-year fixed-rate mortgage increased to 7.67%, up...

Blend Further Integrates With MeridianLink

Blend, which offers loan application software, is now integrated with MeridianLink’s Consumer loan origination system (LOS). With this integration, lenders using MeridianLink Consumer will have...

Dark Matter Hires Michael Housch as Chief Risk and Information Security Officer

Michael Housch has joined Dark Matter Technologies, a new mortgage lending technology firm, as chief risk and information security officer. Housch, a C-suite and information...

MBA: Mortgage Credit Increased Slightly in September as Lenders Increased Offerings

Mortgage credit availability increased 0.6% in September compared with August, rising to a score of 97.2 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...

Rising Mortgage Rates Are Sapping Consumer Confidence in the Housing Market

Consumer confidence in the housing market continued to decline in September, as rates and home prices continued rise, eroding affordability. According to Fannie Mae’s Home...

Matt Stadler: With Default Servicing, Timing is Critical

PERSON OF THE WEEK: Default servicing is an important yet very distinct segment within the mortgage servicing industry. On the surface, its purpose seems...

Lender Toolkit Intros Automated Income Calculator for Encompass Users

Lender Toolkit, a provider of automated mortgage technology solutions powered by artificial intelligence (AI), has launched a new solution that streamlines the income calculation process...

LoanLogics Solutions Now Integrated with Finastra Mortgagebot

LoanLogics’ IDEA OnDemand and LoanBeam Tax solutions have been integrated with Finastra Mortgagebot, an all-in-one mortgage loan origination software for retail, wholesale and correspondent...

Gridbase Adds Closepin to its Suite of Integrations

GridBase, a Grid151 company, has added Closepin to its suite of integrations, creating a new product – Closing Agent Management – which allows lenders and title agents to collaborate further...

Delaware Approves NotaryCam to Provide RON Services

The State of Delaware Notary Department has approved NotaryCam, a Stewart-owned company providing remote online notarization technology for real estate and legal transactions, to...

Strong Job Gains in September Give Fed ‘More to Ponder’

The U.S economy added 336,000 jobs in September - better than expected - while the unemployment rate was flat at 3.8%, according to the...