Mortgage Coach Integrates Black Knight Software to Help Lenders Convert Buyers
Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, has integrated...
Inlanta Mortgage Promotes Laffey to SVP, Sales and Business Development
Kevin Laffey has been promoted to senior vice president, sales and business development, at Inlanta Mortgage, an independent mortgage lender with 39 branch offices...
Increasing Black Homeownership Rates with Alternative Forms of Credit
BLOG VIEW: Homeownership continues to be one of the primary wealth builders in our country. Yet, strong barriers to homeownership for minority consumers and...
CarVal Investors Launches Mill City Loans Mortgage Conduit
Funds managed by CarVal Investors, a global alternative investment manager, have established Mill City Loans, a mortgage conduit with a focus on building lasting...
Fannie Mae’s First CIRT Transaction of 2022 Covers $26 Billion in Loans
Fannie Mae has executed its first Credit Insurance Risk Transfer (CIRT) transaction of 2022. CIRT 2022-1 covers $26.1 billion in unpaid principal balance (UPB)...
Freddie Mac Issued $20 Billion in 2021 to Protect Single-Family Mortgages
The Credit Risk Transfer (CRT) program, part of Freddie Mac's Single-Family business, reports a 2021 CRT issuance of nearly $20 billion, protecting $828.5 billion...
New Home Sales Fell 4.5 Percent in January as Prices Continued to Rise
New home sales were at an adjusted annual rate of about 801,000 in January - a decrease of 4.5% compared with December and down...
NAR Sees a Nearly 6 Percent Drop in Pending Home Sales in January
Pending home sales slumped in January, continuing what is now a three-month drop in transactions, the National Association of Realtors reports.
Of the four major...
The Good News: ‘More Homes Are Being Listed for Sale’
The number of newly listed homes for sale during the four weeks ending February 20 was down just 2% year over year, according to...
Mortgage Rates Drop Marginally, Freddie Mac Observes
The results of Freddie Mac’s Primary Mortgage Market Survey (PMMS) show that the 30-year fixed-rate mortgage (FRM) averaged 3.89% with an average 0.8 point...
Ellington Financial Boosts Reverse Mortgage Capabilities with Longbridge Financial Equity Acquisition
Ellington Financial Inc., a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, has entered...
Allen Jingst: Home Equity Loans an Opportunity for Community Lenders
PERSON OF THE WEEK: With home prices reaching record highs in the first quarter of 2022, U.S. homeowners have realized significant home equity gains....
Homeownership Rate Reaches Over 60 Percent, Minority Homeownership Continues at Lower Rates
The U.S. homeownership rate climbed to 65.5% in 2020, up 1.3% from 2019 and the largest annual increase on record. More Americans are likely...
Neat Capital’s Neatify Mortgage Origination Platform Cuts Underwriting Turnaround Time
Neat Capital has released Neatify, a mortgage origination platform that includes a cloud-based loan origination system (LOS), an integrated product pricing and eligibility engine,...
Mortgage Application Volume Decreases to Lowest Point Since December 2019
Mortgage applications decreased 13.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week...
BSI Financial Services Taps Yarbrough as SVP, Chief Lending Officer
Kelli Yarbrough recently joined BSI Financial Services, a mortgage-centric financial services company, as senior vice president and chief lending officer.
Yarbrough has more than 20...
Plaza Home Mortgage Sees Executive Leadership Changes
Allyson Foley has joined Plaza Home Mortgage as executive vice president, wholesale operations.
In addition, Jeff Leinan, former executive vice president, national wholesale production, will...
Tech Considerations for a Hybrid Workforce
BLOG VIEW: Two years ago, mortgage businesses, or any business for that matter, did not foresee or have any reason to prepare for a...
Housing Inventory Hit Record Lows in January
Fewer homes than ever were for sale in January, but home buyers snapped up what they could before mortgage rates rose further, according to...
Nearly 60 Percent of Listed Homes Were Under Contract Within Two Weeks
Homes sold faster than ever during the four weeks ending February 13, as a record 57% of homes that went under contract did so...