Mortgage Rates Remain Flat at 3.55 Percent, Reports Freddie Mac
The results of Freddie Mac’s Primary Mortgage Market Survey (PMMS) show that the 30-year fixed-rate mortgage (FRM) averaged 3.55% for the week ending January...
New Home Sales Jumped Month Over Month in December
New home sales in December were at a seasonally adjusted annual rate of 811,000 - an increase of 11.9% compared with November but a...
Mortgage Applications Drop 7 Percent, Latest MBA Weekly Survey Shows
Mortgage applications decreased 7.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week...
Over 30 Percent of Home Buyers Investigating Relocation, Redfin Reports
Nationwide, 31.2% of those surveyed looked to move to a different metro in the fourth quarter of 2021, according to a new report from...
Deephaven Mortgage Launches New Jumbo-Prime Loan Product
Deephaven Mortgage, a full service, multi-channel, long-term credit provider in the non-QM space, has rolled out a new jumbo-prime loan product to help mortgage...
IDS Adds E-Vault to its E-Closing Solution
Mortgage document preparation vendor International Document Services (IDS) has released its e-vault, expanding the capabilities of its e-closing platform, Solitude Solution.
With the addition of...
Michael Jansta: Crypto Investors Need to Diversify into Real Estate
PERSON OF THE WEEK: Could crypto investors help power the real estate market?
Put differently, could the real estate market play a role in crypto...
Even with Rising Rates, Freddie Mac Predicts Housing Will Remain Stable
Freddie Mac has predicted that the single-family housing market will remain stable in 2022 even as mortgage rates are expected to increase. A new...
Guild Mortgage Hires Garcia DeLuca as VP of Marketplace Diversity Strategy
Victoria Garcia DeLuca is the new vice president of marketplace diversity strategy for Guild Mortgage, an independent mortgage lender providing residential mortgage products and local...
Existing-Home Sales Increased 8.5 Percent for 2021
Existing-home sales declined in December, snapping a streak of three straight months of gains, according to the National Association of Realtors.
Each of the four...
With Affordability Limitations, Fannie Mae Expects Limited Home Sales
The housing market and larger economy are expected to enter a "new normal" in 2022 as the unprecedented market disturbances and policy responses stemming...
First American to Acquire Mother Lode Holding
In a move that will expand its footprint in 11 states, First American Financial Corp., a provider of title insurance, settlement services and risk...
LoanLogics Hires Lauren Pilon as Chief of Staff
Mortgage industry veteran Lauren Pilon has joined LoanLogics, offering loan quality technology for mortgage manufacturing and loan acquisition, as chief of staff.
Before joining LoanLogics,...
Cherry Creek Mortgage Promotes McCrary to VP of Compliance
Nicole McCrary has been promoted to vice president of compliance at Cherry Creek Mortgage, a nationwide, full-service mortgage lender.
McCrary is an 18-year company veteran....
Dodd Named Interim President and CEO of CoreLogic
Pat Dodd has been appointed interim president and CEO of CoreLogic, replacing Frank Martell, who will assume the position of non-executive chairman of the...
It’s Wonderful to Have an Attitude of Gratitude
BLOG VIEW: Finding success in the world is never easy. Each of us must overcome various obstacles and challenges to achieve our goals and...
Non-QM Lender NextUs Lending Using OptifiNow to Grow its Wholesale Platform
NextUs Lending, a non-QM lender based in Irvine, Calif., is using OptifiNow, a provider of custom CRM solutions for the mortgage lending industry, to...
Anna Tilton Daniel: Managing Compliance in a Virtual World
PERSON OF THE WEEK: When the COVID-19 crisis first hit the mortgage industry, compliance departments needed to act fast to ensure lenders could still...
December Jobs Report Underwhelming, But Unemployment Dropped to 3.9 Percent
The U.S. economy added 199,000 jobs in December - well below the 300,000+ expected - as the unemployment rate fell to 3.9%, according to...
Promontory MortgagePath Promotes Wheeler to Managing Director
Kevin Wheeler has been promoted to managing director of product and engineering at Promontory MortgagePath, a provider of digital mortgage and fulfillment solutions.
Wheeler previously...