iEmergent Hires Chris Richey as Chief Analytics Officer
Chris Richey has joined iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, as chief analytics officer.
Richey,...
Mortgage Lending Creativity Is Increasing Risk
BLOG VIEW: The mortgage market is shifting. The fact that pundits have been warning that lenders would see significant changes in their businesses in...
FormFree Supports Freddie Mac’s Employment Reverification Requirement
FormFree’s AccountChek digital asset verification service is now supporting a new enhancement to Freddie Mac's Loan Product Advisor (LPASM) asset and income modeler (AIM)...
Top Questions Lenders Have About the New Desktop Appraisal Rules
BLOG VIEW: In January, government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac announced that they would include a desktop appraisal option to its sellers....
Sagent, Consolidated Analytics Automate Valuation Services Through TEMPO
Sagent, a fintech company modernizing mortgage and consumer loan servicing for banks and lenders, is partnering with Consolidated Analytics to automate valuation offerings for...
MBA Survey Shows 2.3 Percent Decline in Number of Mortgage Applications
Mortgage applications decreased 2.3% on a seasonally adjusted basis from one week earlier, according to Market Composite Index data from the Mortgage Bankers Association’s...
Black Knight, Percy Provide Client Engagement Solution for Mortgage Lenders
Black Knight Inc. has entered a strategic alliance with data analytics and marketing company Percy (formerly known as Buyside), which collects and analyzes real...
Freddie Mac Automates Verification Functions for Underwriting Process
Freddie Mac has unveiled new automated underwriting capabilities that allow lenders to verify assets, income and employment using borrower-approved bank account data. This functionality...
First American Reports 32.5 Percent Real House Price Increases from March 2021 to 2022
First American Financial Corp.’s March 2022 First American Real House Price Index (RHPI) shows that real house prices increased 6.7% between February 2022 and...
Mortgage Rates Decrease by 0.15 Percentage Points Over Last Week
The results of Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) show that the 30-year fixed-rate mortgage (FRM) averaged 5.1% with an average 0.9...
Mortgage Applications Drop by 1.2 Percent During Mid-May, MBA Reports
Mortgage applications decreased 1.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week...
New Home Sales Plummeted 16.6 Percent in April as Mortgage Interest Rates Surged
New home sales tanked in April, falling 16.6% compared with March and 26.9% compared with April 2021, as mortgage interest rates increased and home...
Why a Better Services Strategy Solves a Mortgage Lender’s Inefficiency Problem
The resounding message at the Mortgage Bankers Association (MBA) Secondary Marketing Conference echoed what we heard loud and clear at this spring’s MBA Tech...
Gene Shibata: Don’t Let Operational KPIs Fall Behind
PERSON OF THE WEEK: Now that pandemic-related foreclosure protections are coming to an end - and with the U.S. economy sputtering due to massive...
Igor Simkin Leads StoicLane’s Concordia Group Holdings as CEO
StoicLane, a long-term growth platform making strategic acquisitions to support digitizing finance, insurance and real estate verticals (FIRE), has named Igor Simkin as CEO...
Longbridge Financial Appoints Bill Packer as COO
Longbridge Financial LLC, a national reverse mortgage loan originator and servicer, has named Bill Packer, former COO and director of American Financial Resources, is...
Housing Starts Dipped in April as Headwinds Slowed Production
Housing starts in April were at a seasonally adjusted annual rate of 1.724 million, a decrease of 0.2% compared with March but an increase...
Embrace Home Loans Taps Mehdi Pirzadeh as Senior Loan Officer, VP
Mehdi Pirzadeh has re-joined Embrace Home Loans as senior loan officer and vice president in the company’s Rockville, Md., office.
Pirzadeh is a top-producing loan...
Cherry Creek Mortgage Adds Rick Hogle as Chief Revenue Officer
Rick Hogle has joined Cherry Creek Mortgage, a nationwide, full-service mortgage lender, as chief revenue officer.
Hogle brings a breadth of experience, proven leadership and...
Mortgage Applications Decrease 11 Percent in One Week
Mortgage applications decreased 11% on a seasonally adjusted basis from one week earlier, according to Market Composite Index data from the Mortgage Bankers Association’s...