Case-Shiller: U.S. Home Prices Fell 0.3 Percent in December
U.S. home prices decreased 0.3% on an adjusted basis in December compared with November but were up 5.8% compared with December 2021, according to...
The Success Mantra for Mortgage and Title Tech Companies in This Downturn
BLOG VIEW: As per the Mortgage Bankers Association (MBA)’s latest outlook, with the current market conditions, purchase originations and refinance volume are now expected...
Asking the Right Questions in the Fight Against Fraud
BLOG VIEW: Fraud methods and trends are always evolving. But while the ways that borrowers misrepresent their income, employment and more come and go,...
BlackFin Group Adds Julie Piepho as Principal Consultant
Julie Piepho, CMB, recently joined BlackFin Group, a management consulting firm serving the banking and mortgage industries, as principal consultant.
A 40-year veteran of the...
New Home Sales Increased in January on Lower Mortgage Rates
New home sales in January were at a seasonally adjusted annual rate of 670,000, an increase of 7.2% compared with December but down 19.4%...
LenderLogix Launches LiteSpeed POS For Small to Midsize Mortgage Lenders
LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a streamlined point-of-sale (POS) system designed for small to...
Big Purple Dot Hires Masana Noma-Weprin as Chief Product Officer
Masana Noma-Weprin has joined Big Purple Dot, provider of an ecosystem of mortgage marketing technologies, as chief product officer.
Noma-Weprin has been in the mortgage...
Avidia Bank Adds Nexus Closing to its Suite of Solutions
To offer its customers the convenience of “from anywhere” home financing tools, Hudson, Massachusetts-based Avidia Bank has implemented Nexus Closing, a comprehensive closing solution...
Experian Verify Now Integrated with Freddie Mac Loan Product Advisor
Experian’s income and employment verification service, Experian Verify, is now integrated with Freddie Mac’s Loan Product Advisor asset and income modeler (AIM).
This will enable...
LauraMac Platform Now Integrated with LoanLogics IDEA
Mortgage loan review technology provider LauraMac has completed its integration with LoanLogics IDEA, an intelligent document processing and data extraction technology.
LauraMac’s cloud-based Loan Review...
HUD to Reduce FHA Annual Mortgage Insurance Premiums
The U.S. Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), has announced a 30-basis-point reduction to the annual mortgage...
Mutual of Omaha Mortgage to Acquire Keller Mortgage
Mutual of Omaha Mortgage is acquiring the assets of Keller Mortgage, a member of the Keller Williams (KW) family of companies, for an undisclosed...
NAR: Existing-Home Sales Fell For 12th Straight Month in January
Existing-home sales dipped 0.7% to a seasonally adjusted annual rate of 4.00 million in January, according to the National Association of Realtors (NAR).
That’s down...
Lenders Should Plan Now For Returning Buyers
BLOG VIEW: The housing pendulum has had a major workout recently. In 2020 and 2021, housing demand exploded due to the lowest mortgage rates...
MBA: Applications For New Home Sales Jumped 42 Percent in January
Applications for mortgages for new home purchases jumped a dramatic 42% in January compared with December but were down 3.5% compared with January 2022,...
Barr Group Mortgage Closes First E-Note Mortgage Transaction Using Click n’ Close
Barr Group Mortgage recently completed its first e-note mortgage transaction using Click n’ Close’s non-delegated correspondent e-note program.
Click n’ Close is a multi-state mortgage...
LauraMac Hires Rick Seehausen as Chief Strategy Officer
LauraMac, which offers mortgage loan review technology, has named Rick Seehausen as its new chief strategy officer.
Seehausen has nearly 30 years of mortgage experience....
Incenter Adds Joe Mowery to Business Development Team
Incenter LLC has hired Joe Mowery as senior vice president, enterprise business development, tasked with introducing mortgage executives to Incenter’s solutions for optimizing operations,...
Sales Boomerang and Mortgage Coach Rebrand as TrustEngine
Sales Boomerang and Mortgage Coach, which merged last year, are now operating under a single new name.
The new company name is TrustEngine, an identity...
Rob Nunziata: The Challenge of Keeping Remote Mortgage Workers Compliant
PERSON OF THE WEEK: Although many workers have returned to the office since the pandemic began in early 2020, the trend of remote work...