FirstClose Taps Mortgage Industry Veteran Carol Crawford as CMO
Mortgage industry veteran Carol Crawford has joined FirstClose Inc., a provider of data and workflow solutions for mortgage and home equity lenders nationwide, as...
MonitorBase Promotes Lilly Staniforth to Vice President of Business Relations
Lilly Staniforth has been promoted to vice president of business relations at MonitorBase, a mortgage fintech company that monitors prescreened credit information and real-time...
U.S. Economy Added 263K Jobs in September as Unemployment Rate Fell to 3.5 Percent
The U.S. economy added 263,000 jobs in September, just below consensus estimates, while the unemployment rate edged down to 3.5%, which is where it...
Rate Locks Fall Drastically with High Rates, Low Affordability
Black Knight Inc.’s latest Originations Market Monitor report, which looks at mortgage origination data through August month-end, shows that the overall rate lock dollar...
Black Knight Solution Identifies Climate and Natural Hazard Risk for Properties
Black Knight Inc. has launched its new Climate and Natural Hazard Risk Data Solutions Suite to help mortgage industry participants, investors and analysts identify...
Fannie Mae: Housing Sentiments Slip for Seventh Straight Month
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 1.2 points in September to 60.8 - its seventh consecutive monthly decline - amid growing...
Doma Home Equity Financing Solution Quickens Title, Escrow Process for Lenders
Doma Holdings Inc. has launched a home equity financing offering built for lenders, leveraging its Doma Intelligence platform to accelerate the title search for...
Guild Increases Options for First-Time Homebuyers with Updated Mortgage Program
Guild Mortgage, a mortgage lending company originating and servicing residential loans since 1960, has upgraded 3-2-1 Home, its mortgage program designed to provide first-time...
Pennymac TPO Focuses on New Broker Technology with POWER+
PennyMac Financial Services Inc. has launched its POWER+ by Pennymac TPO broker technology platform. Brokers will now have more speed and control over the...
Homebuyer Down Payments Nearly Doubled from 2019 to 2022
The typical U.S. homebuyer who took out a mortgage in July made a $62,500 down payment, up 13.6% from a year earlier and almost...
How Lenders Can Capitalize on a Resurgent Market for HELOCs
American homeowners are spending more time at home and are looking to upgrade the spaces where they spend most of their time. Fortunately, many...
Higher Mortgage Rates Translate into Smaller Homes for Buyers
A San Diego homebuyer with a $3,000 monthly budget can afford a 931-square-foot home at today’s 6.7% mortgage rates, down from the 1,366-square-foot home...
House Appreciation Gains Slow Down, Reports CoreLogic
Although U.S. home prices continued their 127-month run of consecutive annual gains in August, they slowed for the fourth straight month to 13.5%, according...
Home Prices Decline While Inventory Growth Stalls
The Data & Analytics division of Black Knight Inc. says the most recent data from the Black Knight Home Price Index shows that home...
Redfin: Typical Homebuyer’s Mortgage Payment Rose 15 Percent
The typical homebuyer’s monthly mortgage payment has climbed $337 (15%) over the past six weeks to a new high of $2,547, according to a...
Why Use a Certified Appellate Specialist: Horses of a Different Color
BLOG VIEW: The old adage cautions against changing horses in mid-stream. So why should a litigant consider hiring a new attorney to handle the...
Mortgage Delinquencies Decline for 16 Consecutive Months
CoreLogic’s Loan Performance Insights Report for July 2022 shows that 3% of all mortgages in the U.S. were in some stage of delinquency (30...
Market Experiences Most Volatile Mortgage Rates in Over 30 Years
The typical house hunter who started searching in July and closed the deal on their new home in September saw their potential mortgage rate...
EMM Loans Integrates SimpleNexus Technology Platforms
EMM Loans is powering its electronic mortgage experience with Nexus Engagement and Nexus Origination from SimpleNexus, an nCino company and developer of a homeownership...
Ross Mortgage Expands to Tennessee
Ross Mortgage Corp., a full-service residential mortgage lender headquartered in Troy, Mich., has launched a new location in Nashville that will be led by...