Sales Boomerang and Mortgage Coach Hire Casey Martin as Chief Revenue Officer
Casey Martin has joined Sales Boomerang and Mortgage Coach as chief revenue officer.
Martin is an experienced sales and go-to-market leader with a track record...
Path Software Adds Third-Party Origination Functionality to its Loan Origination System
Path Software has added a new TPO capability to its LOS.
Known as Path TPO, the new functionality enables clients to quickly and inexpensively enter...
Mortgage Credit Availability Jumped 1.4 Percent in November
Mortgage credit availability increased by 1.4% in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that...
Fannie Mae: Consumers Remain Wary of Home Buying and Selling
The Fannie Mae Home Purchase Sentiment Index (HPSI) increased 0.6 points in November to 57.3 - its first increase in nine months, though it...
CoreLogic: Annual Home Price Growth Likely to Move Into Negative Territory by Spring 2023
U.S. home prices dipped 0.1% in October compared with September but remained up 10.1% compared with October 2021, according to CoreLogic’s home price index.
The...
Redfin Predicts Home Sales Will Decrease to Lowest Levels in a Decade
Redfin expects home sales to sink to their lowest level in more than a decade in 2023 as high mortgage rates keep housing costs...
Rob Strickland: Automated Income Verification Saves Lenders Time, Money, Aggravation
PERSON OF THE WEEK: As rates rise and home sales stagnate, mortgage lenders will be looking for ways to reduce operating costs and improve...
8 Percent of 2022 Mortgaged Home Purchases Are Underwater
Despite home price corrections continuing in many markets nationwide driven by tight affordability and higher rates, the pace of price declines has slowed measurably...
Unemployment Rate, Labor Force Participation Rate Continued to be ‘Stuck’ in November
The U.S. economy added 263,000 jobs in November - above expectations - while the unemployment rate remained unchanged at 3.7%, according to the U.S....
Hildene Capital Strategizes with CrossCountry Mortgage for Non-QM Investments
Hildene Capital Management LLC, a $12 billion credit-focused asset manager, has entered into a strategic relationship with CrossCountry Mortgage (CCM), a retail residential mortgage...
Guild Mortgage Buys Inlanta Mortgage
Guild Mortgage, a mortgage lending company originating and servicing residential loans since 1960, has acquired Inlanta Mortgage Inc., a Wisconsin-based independent lender serving borrowers...
ATTOM Finds Mid-Atlantic States, Calif. and Ill. as Most Vulnerable to Market Declines
ATTOM has released its Special Housing Risk Report, spotlighting county-level housing markets around the United States that are more or less vulnerable to declines,...
Three of Four Regions Experienced Pending Home Sales Decreases in October
Pending home sales slid for the fifth consecutive month in October, according to the National Association of Realtors. Three of four U.S. regions recorded...
AppraisalWorks, Mortgage Cadence Integration Helps Lenders with Appraisal Process
AppraisalWorks, a provider of real estate appraisal management technology, has partnered with Mortgage Cadence to allow lenders to consolidate multiple appraisal vendor and order...
FHFA Increases Baseline Conforming Loan Limit for 2023
The Federal Housing Finance Agency (FHFA) has released the conforming loan limit values (CLL) for mortgages to be acquired by Fannie Mae and Freddie...
Joe Camerieri: Key Takeaways From the Fall Mortgage Conferences
PERSON OF THE WEEK: As the fall conference season wraps up and the mortgage industry moves into the holiday season, event attendees will no...
House Prices Increased Over 12 Percent from Q3 2021 to 2022, FHFA HPI Report...
U.S. house prices rose 12.4% from the third quarter of 2021 to the third quarter of 2022, according to the Federal Housing Finance Agency...
Home Price Growth Slows Down Dramatically in Pandemic Hotspot Markets
Places where home prices shot up due to out-of-towners moving in with big budgets are now seeing prices rapidly decline, according to Redfin. Home-price...
Real House Prices Increased Over 10 Percent from September 2021 to 2022
The September 2022 First American Real House Price Index (RHPI) shows that real house prices increased 10.5% between August 2022 and September 2022, and...
Mortgage Applications Increase After Dip in Mortgage Rates
A decrease in mortgage rates resulted in mortgage application volume increasing 2.2% during the week ended November 18.
According to the Mortgage Bankers Association’s Weekly...