Friday, October 18, 2024

Residential Mortgage

Mortgage Machine Enhances AI-Powered Document Management System Embedded in LOS

Mortgage Machine Services, offering digital origination technology to residential mortgage lenders, has launched Auto Split, an enhancement to the Click n' File document management...

Voxtur Analytics Appoints Ryan Marshall CEO

Ryan Marshall is the new CEO for Voxtur Analytics, which offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout...

Haley Parker, Brittny Hovland Promoted at Fairway Independent Mortgage

Haley Parker has been elevated to the new position of chief marketing and business development officer while Brittny Hovland is being promoted to the...

Certain Assets of Axia Home Loans Acquired by Planet Home Lending

Planet Home Lending, a national mortgage lender and servicer, has acquired certain assets of retail lender Axia Home Loans, Bellevue, Wash., an employee-owned company with...

Informative Research Adds New Alerts to Portfolio Monitoring

Informative Research has launched new alert types to enhance the portfolio monitoring service offered by Informative Research Data Solutions. The advanced alerts offer sophisticated monitoring...

Waterstone Mortgage Relocates Home Office to Brookfield, Wis. 

Waterstone Mortgage has relocated its home office to Brookfield, Wis. Previously located in Pewaukee, Wis., the move comes as part of the lender’s initiative to...

Mortgage Applications Jump as Rates Decrease

Mortgage application volume surged 16.8% last week as mortgage rates tumbled, with most of the increase coming from refinances, according to the Mortgage Bankers...

Motto Mortgage Opens New Location in Michigan

Motto Mortgage reports that it has opened a new franchise location in Marquette, Mich.  Motto Mortgage Express is now open and serving all markets throughout...

Home Builders Saw Credit Tighten in Q2

Home builders experienced tightening credit in the second quarter, according to the National Association of Home Builders (NAHB). About 85% of respondents to a survey...

Fannie Mae Selling Pool of Reperforming Loans With UPB of About $611.2 Million

Fannie Mae is auctioning a pool of approximately 3,119 reperforming loans with an unpaid principal balance of approximately $611.2 million as part of its...

Home Sales Prices Increased in Fewer Markets in Q2

Single-family existing-home sales prices increased in 89% of U.S. metro areas in the second quarter, down from 93% in the first quarter, according to...

Freddie Mac Single-Family CRT Program Marks Milestone

Freddie Mac reports that its Single-Family Credit Risk Transfer (CRT) Program has closed its 100th ACIS (Agency Credit Insurance Structure) transaction. Since the first transaction...

Total Value of U.S. Housing Stock Has Reached Record $49.6 Trillion

The total value of U.S homes gained $3.1 trillion over the past 12 months to reach a record $49.6 trillion, according to a report...

Lock Volume Increased 3.5 Percent in July, Driven by Refinances

Mortgage refinance demand surged in July to levels not seen since September 2022 amid softening interest rates, Optimal Blue reports. The lower interest rates seen...

90-Day Sales Manager Launches Activity-Based CRM for Mortgage Teams

Coaching platform provider 90-Day Sales Manager has launched an activity-based CRM system with built-in coaching and accountability for mortgage teams at credit unions and...

TidalWave SOLO Now Integrated With Freddie Mac Loan Product Advisor

Financial technology provider TidalWave reports that its purposely built AI copilot engine SOLO is now integrated with Loan Product Advisor (LPA), Freddie Mac's automated underwriting...

LoanPASS Integrated With BankingBridge

LoanPASS, which offers configurable loan decisioning and pricing technology, is now integrated with lead-generation platform BankingBridge. The integration makes it easier for mortgage lenders to...

Mortgage Capital Trading Wins Patent for Security Spread Commitment Used in MCT Marketplace

Mortgage Capital Trading reports that it has been awarded a patent for the security spread commitment used in MCT Marketplace, its mortgage asset exchange. The...

Mortgage Credit Availability Increased 3.3 Percent in July

Mortgage credit availability increased in July, rising 3.3% compared with June to a score of 98.1 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...

Mortgage Rates Plunge in Reaction to Market Turbulence

Mortgage rates plummeted this week, as the average rate for a 30-year fixed-rate mortgage fell to 6.47%, down from 6.73% last week and down...