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...
New Home Sales Unexpectedly Increased in October
New home sales in October were at a seasonally adjusted annual rate of 632,000, an increase of 7.5% compared with September but down 5.8%...
Mortgage Delinquencies Continue Historic Low Trend in September
CoreLogic’s monthly Loan Performance Insights Report for September 2022 shows that 2.8% of all mortgages in the U.S. (approximately 1.4 million loans) were in...
Last Fannie Mae CIRT Transaction of 2022 Transfers $343 Million of Mortgage Credit Risk
Fannie Mae has executed its eleventh and final Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to...
Non-QM Lender Logan Finance Using OptifiNow TPO CRM
Non-QM lender Logan Finance is using OptifiNow TPO, a CRM platform designed for wholesale lenders, to rapidly scale its wholesale team and quickly roll...
Vinny Souza: Data-Driven Versus Model-Driven Decision-Making
PERSON OF THE WEEK: It’s safe to say that nearly every business today is using data to help make decisions.
In this digital age, organizations...
Black Knight Sells TitlePoint to Fidelity National Financial
Fidelity National Financial Inc. (FNF) is acquiring TitlePoint from Black Knight Inc. for $225 million in cash.
Real estate property research technology TitlePoint, which enables...
Fannie Mae Projects Total Single-Family Home Sales of 4.42 Million in 2023
After rebounding at a 2.6% annualized rate in Q3 2022 on the strength of net exports, real gross domestic product (GDP) is projected to...
Colonial Incorporates Black Knight Technology into Servicing Ecosystem
Colonial Savings F.A., a national, multi-service financial institution headquartered in Texas, has signed a contract to use Black Knight Inc.’s ecosystem of servicing capabilities,...
Applications for New Home Purchases Tumbled Further in October
Applications for mortgages for new home purchases took a nosedive in October, falling 13% compared with September, according to the Mortgage Bankers Association's latest...