To Help Gig Workers Become Homeowners, Mortgage Lenders Must Rethink Income Analysis
BLOG VIEW: The share of gig workers - independent contractors, online platform workers, contract workers, on-call workers and temporary workers - has increased significantly...
CoreLogic Reports a $3.2 Trillion Equity Gain for Homeowners in Q3 2021
CoreLogic, a global property information, analytics and data-enabled solutions provider, has released the Homeowner Equity Report for the third quarter of 2021. The report...
Tavant, LogRocket Enhance Lending Platform’s Data and Analytics Capabilities
Tavant, a digital lending technology provider, is partnering with LogRocket, a data and analytics company, to enhance consumer lending experiences for American homebuyers.
Tavant’s AI-powered...
CoreLogic: Home Price Appreciation Slowed in October
U.S. home prices increased 1.3% in October compared with September and were up 18% compared with October 2020. However, the rate of appreciation slowed,...
OptifiNow Builds Custom Integration with LoanScorecard for Non-QM Wholesale Lender
OptifiNow, a provider of custom CRM solutions for the mortgage lending industry, has announced an integration with LoanScorecard, a provider of non-agency automated underwriting...
Joseph Camerieri: Why Mortgage Tech Investments Often Don’t Reduce Cost to Originate
PERSON OF THE WEEK: During the past 20 years or more, mortgage lenders have put a strong focus on adopting technologies that automate the...
Fannie Mae Finds Pessimistic Consumer Sentiments Reflected in Flat Housing Trends
Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 0.8 points to 74.7 in November, as consumers expressed not only disparate views of home-buying and...
FinLocker Taps Andria Thomas as Senior Vice President, Product
Andria Thomas has joined FinLocker, offering next-generation, digital, consumer-permissioned financial fitness tools, in the newly created position senior vice president, product.
Thomas brings a wealth...
LoanLogics Hires Thomas as Chief Revenue Officer
Quinn Thomas has joined LoanLogics, a provider of loan quality technology for mortgage manufacturing and loan acquisition, as chief revenue officer.
Thomas has more than...
U.S. Economy Added 210K Jobs in November as Unemployment Rate Fell to 4.2 Percent
The U.S economy added 210,000 jobs in November while the unemployment rate fell to 4.2%, according to the U.S. Bureau of Labor Statistics.
Notable job...
Case-Shiller: Home Price Appreciation Slowed Somewhat in September
U.S. home prices increased 1.2% on an adjusted basis in September compared with August and were up 19.5% compared with September 2020, according to...
Open Mortgage Names Joe Stephenson President
Open Mortgage, a multi-channel mortgage lender, has named Joe Stephenson its new president.
The newly created position will oversee day-to-day mortgage lending operations for the...
LoanLogics Expands Portfolio of Origination Tools with Acquisition of LoanBeam
LoanLogics, a provider of loan quality control and document processing solutions, is acquiring LoanBeam, a provider of income calculation and verification technology endorsed by...
Improving Mortgage Servicing for Borrowers with Limited English Skills
BLOG VIEW: Mortgage industry regulators mandate that lenders and servicers must treat all mortgage borrowers fairly and provide equal access to services regardless of...
New Home Sales Increased Slightly in October but Are Down From a Year Ago
New home sales increased 0.4% in October compared with September but were down 23% compared with October 2020, according to estimates from the U.S....
How Mortgage Lenders Can Engage Consumer-Direct Customers at Scale
BLOG VIEW: Today’s borrower expects the mortgage experience to be timely, customized and digital. So much so that 63% of consumers feel an online...
Mortgage Applications Increased Despite Rising Rates
Mortgage application volume increased 1.8% on an adjusted basis during the week ended November 24, despite a slight increase in mortgage rates, according to...
Mortgage Software Firm Maxwell Taps Sonny Abbasi as General Counsel
Sonny Abbasi has joined Maxwell, a digital mortgage solutions platform serving more than 300 small and midsize lenders across the U.S., as general counsel.
The...
Mortgage Coach Now Integrated with First American
Mortgage Coach, a borrower conversion platform empowering mortgage lenders to educate borrowers with interactive presentations that model home loan performance over time, is now...
Ncontracts Acquires the OnSemble Intranet Portal
Ncontracts, a provider of integrated risk management solutions for the financial services industry, has acquired the OnSemble intranet portal from Passageways, Inc.
Terms of the...