With New Mortgage Product, Diamond Residential Reaches Non-U.S. Citizen Borrowers
Diamond Residential Mortgage Corp. (DRMC) has launched ITIN Mortgages, a new product that caters to borrowers that live and work in the U.S. but...
Mortgage Connect Acquires ADFITECH for QC, Due Diligence and Fulfillment Services
ADFITECH Inc. and Mortgage Connect LP, through one of its controlled subsidiaries, has entered into a definitive merger agreement under which Mortgage Connect will...
ATTOM Reports Foreclosure Filings Increase of 129 Percent Year over Year
ATTOM, a licensor of foreclosure data and parent company to RealtyTrac, has released its February 2022 U.S. Foreclosure Market Report, which shows there were...
Freedom Mortgage Continues Utilizing Sagent Software for Mortgage Servicing Operations
Sagent has signed a five-year partnership extension with Freedom Mortgage Corp. to continue powering its enterprise and consumer mortgage servicing ecosystem. Freedom Mortgage will...
Incenter Acquires Edgemac Mortgage Loan Quality Management Technology
Incenter LLC has added Edgemac to its family of 11 companies. Founded in 2006, Edgemac helps investors, originators and other industry participants evaluate loan...
LoanSnap Picks Advantage Systems for Mortgage Accounting Automation
Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, says LoanSnap Inc. has selected and implemented its mortgage accounting...
Pete Pannes: Servicers Must be Prepared as CFPB Ramps Up Enforcement
PERSON OF THE WEEK: Mortgage servicers handling loans in COVID-19 forbearance plans are under close scrutiny by the Consumer Financial Protection Bureau and other...
Iowa Bankers Integrates Black Knight Mortgage Servicing System
Iowa Bankers Mortgage Corp. (IBMC), an affiliate of the Iowa Bankers Association, has signed a contract to use Black Knight Inc.’s Black Knight MSP...
VA Loans: An Untapped Market Opportunity in 2022?
BLOG VIEW: As the mortgage industry continues its shift from a refinance market to a purchase market, lenders are challenged to better identify qualified...
Refinancing Dropped in 90 Percent of Metro Areas from Q3 to Q4 2021
ATTOM’s newly released Q4 2021 Residential Property Mortgage Origination Report reveals that mortgage lending across the U.S. in Q4 2021 was down for the...
MBA Awards Scholarships to 163 Women and Minorities
The Mortgage Bankers Association (MBA) says it awarded more than $134,000 in scholarships to 163 women and minorities under its Path to Diversity (P2D)...
Mortgage Originations Reached a Record $4.4 Trillion in 2021, Black Knight Reports
The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report, based upon the company's mortgage, real estate and...
Strong Jobs Report for February as Unemployment Drops to 3.8 Percent
The U.S. economy added about 678,000 jobs in February and the unemployment rate edged down to 3.8%, according to the U.S. Bureau of Labor...
Black Knight Empower, MSP Systems Support Frost Mortgage Operations
Frost has signed an agreement to use Black Knight Inc.'s integrated, end-to-end mortgage origination and servicing solutions, including the Empower loan origination system (LOS)...
Mortgage Originations Decrease at Fastest Speed in Three Years
ATTOM’s Q4 2021 U.S. Residential Property Mortgage Origination Report shows that 3.27 million mortgages secured by residential property were originated in the fourth quarter...
How Mortgage Lenders Should Evaluate Fintech Solutions
BLOG VIEW: As the mortgage industry continues to face the challenge of increasing origination costs - not to mention margin compression and rising interest...
Colonial National Mortgage Incorporates ICE Mortgage Technology Encompass
Colonial National Mortgage, a division of Colonial Savings F.A., has launched Encompass by ICE Mortgage Technology, a suite of comprehensive mortgage production solutions designed...
New Mortgage Loan Product from TD Bank Focuses on Minority Communities
TD Bank has launched TD Home Access Mortgage, a new product designed to increase homeownership opportunities in Black and Hispanic communities across several markets...
Market Sees Small Decline in Mortgage Applications, MBA Reports
The Market Composite Index, a measure of mortgage loan application volume, decreased 0.7% on a seasonally adjusted basis from one week earlier, according to...
UniversalCIS | Credit Plus Shifts Strategies with Rebranding as Xactus
UniversalCIS | Credit Plus, a verifications provider for the mortgage industry, has changed its name to Xactus. The strategic shift reflects the company's evolution...