Click n’ Close Hires Jon Wilson as Vice President of Accounting
Jon Wilson has joined mortgage lender Click n' Close as vice president of accounting.
Wilson has more than 20 years of experience in accounting and...
Zombie Foreclosures a Rare Sight This Halloween
Zombie foreclosures continue to be far and few between in the fourth quarter, accounting for just 3.25% of residential properties in the foreclosure process,...
Case-Shiller: U.S. Home Prices Were Basically Flat in August
U.S. home prices increased 0.2% on a seasonally adjusted basis in August compared with July and were up 1.5% compared with August 2024, according...
Mortgage Rates Fell This Week But Are Back on the Rise
Mortgage rates decreased this week, with the average rate for a 30-year fixed-rate mortgage dropping to 6.17%, down from an average of 6.19% last...
Mortgage Applications Jumped 7.1 Percent Last Week on Lower Rates
Mortgage applications increased 7.1% during the week ended October 24, with the average rate for a 30-year, fixed-rate mortgage falling to 6.30%, down from...
Pending Home Sales Flat in September
Pending home sales were flat in September compared with August and were down 0.9% compared with September 2024, according to the National Association of...
Fed Cuts Rates 0.25 Percent But Signals That’s it for 2025
As was expected, the Federal Open Market Committee (FOMC) today voted to cut the fed funds rate by 0.25% to 3.75%-4.0%.
The FOMC is also...
Safeguarding Against AI-Powered Scams in the Mortgage Industry
A title company in Florida is about to close a property sale. The final steps are in motion, including a video call to verify...
Verituity’s Payouts Platform Now Embedded in Sagent’s Servicing Solutions
Verituity is partnering with Sagent to embed its cloud-based payouts platform into Sagent’s servicing solutions.
This will enable servicers to move beyond legacy check-based systems and...
Click n’ Close Offering Free USDA Lock Extensions During Government Shutdown
Mortgage lender Click n' Close is supporting lenders during the federal government shutdown by offering free lock extensions for USDA loans already in its...
ICE: Foreclosure Starts Jumped in September But Overall Mortgage Performance Remains Strong
There were roughly 42,000 foreclosure starts nationwide in September, an increase of 43.5% compared with August and up 60.5% compared with September 2024, according...
Rate Hires Jason Stenger as Chief Production Officer
Jason Stenger has joined national mortgage lender Rate as chief production officer.
Stenger is a proven executive with nearly two decades of experience. He combines...
Lenders Adopting Uplist’s Recapture Platform to Capitalize on Refi Market
Uplist, a provider of borrower engagement and portfolio intelligence technology, reports that users of its Recapture refinance analysis and automation platform increased by 60%...
Existing-Home Sales Increased in September
Existing-home sales were at a seasonally adjusted annual rate of 4.06 million in September, an increase of 1.5% compared with August and up 4.1%...
Mortgage Rates Dropped to Lowest Level in a Year
Mortgage rates fell to the lowest level in more than a year this week, with the average rate for a 30-year fixed-rate mortgage dropping...
Suncoast Credit Union Cuts Mortgage Time-to-Close by Optimizing its LOS
Sometimes rip-and-replace isn't always the best route.
Suncoast Credit Union, one of the largest credit unions in the U.S., reduced its mortgage time-to-close by 29%...
Mortgage Bankers Association Names Christine Chandler its Chair for 2026
Christine Chandler, executive vice president and chief operating officer for M&T Realty Capital Corporation (RCC), has been named chair of the Mortgage Bankers Association...
DPR: More Homebuyer Assistance Programs Came Online in the Third Quarter
A record 2,624 homebuyer assistance programs were available nationwide as of the third quarter, up 3% compared with the second quarter, according to Down...
Applications for Refinances Up This Past Week; Purchases Down
Mortgage application volume dipped 0.3% during the week ended October 17, as the average closing rate for a 30-year fixed rate mortgage decreased to...
ATTOM: U.S. Home Sellers Made a 49.9 Percent Profit on Average in Q3
Homeowners made a 49.9% profit on typical single-family home and condo sales during the third quarter – up slightly from 49.3% in the second...