Friday, October 25, 2024

Residential Mortgage

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...

Kieran Mital: How Lenders Can Improve Their Marketing Strategies

PERSON OF THE WEEK: How can mortgage lenders improve their marketing strategies to better market to borrowers? To find out, MortgageOrb recently interviewed Kieran...

Going Digital? Know How to Keep Your Borrowers’ Data Safe

BLOG VIEW: It’s been noted that college football fans have stormed the field more times in the 2021 season than in recent memory. Despite...

Waterstone Mortgage Hires Mauldin as Director of Strategic Growth

Catherine Mauldin has joined Waterstone Mortgage Corp. as director of strategic growth - a newly created position for the lender. Mauldin has more than 20...

Freddie Mac Expands Green Bond Program

Freddie Mac has released its Single-Family Green Bond Framework under its Single-Family Green Bond Program, supporting the company’s commitment to promote environmentally sustainable single-family...

Home Price Appreciation Slowed Overall in October

U.S. home prices increased 1.0% on an adjusted basis in October compared with September and were up 19.1% compared with October 2020, according to...

Nick Nikolenko: What ‘Good Customer Service’ Really Means

PERSON OF THE WEEK: What is “good customer service?” In many ways, the answer to this question depends on the industry and the specific...

New Home Sales Jumped 12 Percent in November But Remained Down From a Year...

New home sales in November were at a seasonally adjusted annual rate of 744,000, an increase of 12.4% compared with October but down 14.0%...

Existing-Home Sales Increased Nearly 2 Percent in November, NAR Reports

Existing-home sales rose in November, denoting three consecutive months of increases, according to the National Association of Realtors. Three of the four major U.S....

UniversalCIS | Credit Plus Taps Leonard as President and Board Member

Shelley Leonard has joined UniversalCIS | Credit Plus, a provider of mortgage technology, verifications and business credit reports, as president and will also join...

Deephaven Mortgage Hires Steve Lemon as SVP, National Head of Wholesale Sales

Steve Lemon has joined Deephaven Mortgage as senior vice president, national head of wholesale sales. Lemon brings more than 25 years of success to his...

Stewart Information Services Acquires Devon Title Agency

Stewart Information Services Corp. has acquired Devon Title Agency for an undisclosed sum. Devon is one of the largest title agencies in Michigan, with more...

Housing Starts Surged Nearly 12 Percent in November, Bringing Some Relief to Inventory Constraints

Housing starts in November were at a seasonally adjusted annual rate of 1.679 million, an increase of 11.8% compared with October and an increase...

Clear Capital Further Modernizes the Appraisal Process with ClearPhoto

Clear Capital, a national real estate valuation technology company, has announced ClearPhoto, a set of AI-driven rules built into the company’s ClearCollateral Review solution. This...

How to Know if Your New LOS is ‘Innovative’

BLOG VIEW: When lenders go to market in search of new technologies, they take with them a laundry list of requirements that include functionality,...

ClearPath Lending Surpasses 50,000 FHA and VA Mortgages

ClearPath Lending, a VA home loan origination firm, reports that it has provided more than 50,000 mortgage loans that were guaranteed by the Department...

Mortgage Lender Beeline Has Raised $22 Million Since Launch

Beeline, a start-up mortgage lender that combines automation and AI to deliver a digital mortgage experience, has completed a Series A round of financing...

Rate Lock Volume Fell 4.7 Percent in November on Volatility in Rate Offerings

Overall rate locks fell 4.7% in November compared with October, driven by a 9.4% drop in rate/term origination activity, according to Black Knight’s latest...

Fed Interest Rate Hikes, Slowing Inflation and Home Price Growth Expected in 2022

Expect slower housing price appreciation, easing inflation and rising interest rates in 2022, according to a survey of more than 20 top U.S. economic...

Alan Martin: Tax Services a ‘Natural Starting Point’ For Title Companies’ Digital Transformation

PERSON OF THE WEEK: The mortgage industry is rapidly adopting all-digital, automated processes - and the tax services industry is moving right along with...