CoreLogic Names Patrick Dodd President and CEO
Patrick Dodd is the new president and CEO of housing data and software firm CoreLogic.
Dodd was previously chief operating and growth officer. He was...
Sales Boomerang Merging With Mortgage Coach
Sales Boomerang, which offers an automated borrower intelligence and retention system, is merging with Mortgage Coach, a platform empowering mortgage lenders to educate borrowers...
Fannie Mae Awards 19th New York Area Pool of Non-Performing Loans
Fannie Mae has named The State of New York Mortgage Agency Community Restoration Fund (SONYMA CRF) as the winning bidder for its nineteenth Community...
Mid America Mortgage Rebrands as Click n’ Close
Mid America Mortgage has rebranded as Click n’ Close following the sale of the majority of its retail lending operations to Houston-based Legend Lending.
Click...
Education is the Key to Removing Barriers For Underserved Borrowers
BLOG VIEW: More companies are directing time and resources to create equity in housing and homeownership. As part of that effort, one must understand...
New Home Sales Rebounded in May
After tumbling more than 16% in April, new home sales rebounded in May, rising 10.7% to reach a seasonally adjusted annual rate of 696,000,...
Black Knight: Mortgage Delinquency, Foreclosure Numbers Show Improvement
Black Knight Inc. has unveiled a "first look" at May 2022 month-end mortgage performance statistics derived from its loan-level database representing the majority of...
Inhabet Offers Mortgage Lenders Compliant DIY Property Valuations
Equity Valuation Partners (EVP), a provider of home value services, valuation tools and property value data for the real estate industry, has launched Inhabet,...
Mortgage Markets CUSO Using Mortgage Coach
Mortgage Markets CUSO is now using Mortgage Coach to increase mortgage lending engagement at the credit unions it serves.
A subsidiary of Connecticut-based Finex Credit...
MBA Reports Median Mortgage Application Payments Rose Slightly in May
Homebuyer affordability was mostly unchanged in May, with the national median payment applied for by applicants up slightly to $1,897 from $1,889 in April....
Despite Rising Mortgage Rates, Homebuyer Interest Keeps Market Competitive
Freddie Mac’s Primary Mortgage Market Survey (PMMS) results show that the 30-year fixed-rate mortgage (FRM) averaged 5.81% with an average 0.8 point as of...
ATTOM Finds Most Vulnerable Housing Markets in New Jersey, Illinois and California
ATTOM’s Special Housing Risk Report shows that New Jersey, Illinois and inland California had the highest concentrations of the most at-risk markets in the...
Market Hits Biggest Housing Affordability Challenge in 15 Years
Ballooning mortgage costs, driven by skyrocketing prices and interest rates, have made mortgages less affordable than at any time since at least 2007. Demand...
May Numbers Show 425,000 Homeowners in Forbearance Plans
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey shows that the total number of loans in forbearance decreased to 0.85% of servicers’ portfolio...
Family First Funding Using SimpleNexus to Streamline the Home Buying Experience
Independent mortgage bank Family First Funding is now using SimpleNexus to provide borrowers with a streamlined, single sign-on home buying experience.
The retail mortgage lender...
Mortgage Loan Defect Rate Increased in Q4 2021
The rate of critical defects in mortgage loans increased to 1.95% in the fourth quarter of 2021, according to the ACES Quality Management Mortgage...
MBA, NFHA Introduce Toolkit for Special Purpose Credit Programs
The Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) have debuted a new online toolkit for mortgage lenders interested in developing Special...
The Mortgage Collaborative’s Emerging Technology Fund Invests in leadPops
The Mortgage Collaborative’s TMC Emerging Technology Fund LP recently participated in a follow-on round to a recent $3.5 million Series A completed by leadPops,...
Advanced OCR: Just What the Doc Ordered
BLOG VIEW: Modern document and character recognition technology has been advancing for a long time. Today, it’s possible to deposit a check just by...
With Mortgage Rates Rising, Home Sales Decreased 3 Percent in May
Home prices rose 1.5% month over month in May, their smallest increase of any May in Redfin’s records, which go back to 2012, according...