a360inc Expands Relationship with Covius to Include RON Technology
a360inc, a provider of technology and outsourcing solutions to the legal and financial services industries, has expanded its relationship with Covius Settlement Services to...
CoreLogic, ICE Mortgage Technology Integrate Automation Efficiencies
As part of an enterprise agreement with ICE Mortgage Technology, CoreLogic is leveraging Encompass Partner Connect across 10 fundamental CoreLogic solutions to update critical...
Deephaven Promotes Mack Walker to SVP, Director of Capital Markets
Mack Walker has been promoted to senior vice president, director of capital markets, at Deephaven, a non-QM lender.
He joined the company six years ago...
Existing-Home Sales Increased For Second Straight Month in July
Existing-home sales increased 2.0% in July compared with June to reach a seasonally adjusted annual rate of 5.99 million, according to the National Association...
New Home Sales Inched Up 1 Percent in July
New home sales increased 1% in July compared with June but were down 27% compared with July 2020, according to estimates from the U.S....
Jennifer Cagle: COVID-19 Crisis Advanced Mortgage Industry Adoption of Tech by 10 Years
PERSON OF THE WEEK: The COVID-19 pandemic has impacted many aspects of the real estate and mortgage industries. Fortunately, some of its effects have...
Oaktree Funding Now a Participating Lender in Calyx Point
Oaktree Funding, a wholesale mortgage lender, is now a participating lender in Calyx Point, the loan origination system from Calyx.
Oaktree Funding offers a wide...
Advantage Systems Adds Invoice Splitting Feature to Mortgage Accounting Solution
Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, has updated its ApprovalSoft solution with a new invoice splitting...
Knowledge Coop Hires Brian Paine as Director of Technology
Brian Paine has joined Knowledge Coop, which offers compliance training to the mortgage industry, as director of technology.
Paine comes to Knowledge Coop after spending...
COVID and Supply Chain Concerns Limit U.S. Economy Growth
The full-year 2021 real GDP growth forecast has been revised modestly downward due in part to the expectation that COVID-related disruptions to consumer spending...
Housing Starts Dropped in July as Homebuilder Sentiment Waned
Housing starts continued to disappoint in July, dropping 7% compared with June to reach a seasonally adjusted annual rate of 1.59 million, according to...
New Home Purchase Mortgage Applications Decreased in July
Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2021 show mortgage applications for new home purchases decreased 27.4% compared from a...
ValueLink, Clear Capital Offer Valuation Products to Lenders and AMCs
ValueLink Software is partnering with real estate valuation and analytics fintech company Clear Capital to enable its users to order Clear Capital's suite of...
When it Comes to Mortgage Fraud, Lenders Must Stay Vigilant
BLOG VIEW: Mortgage fraud is a huge problem for financial institutions. In the second quarter of 2020 alone, it’s estimated that one out of...
SitusAMC Integrates Assimilate Solutions’ Residential Mortgage Solutions
SitusAMC Holdings Corp. has incorporated Assimilate Solutions’ mortgage and IT outsourcing services into its SitusAMC brand. Assimilate was acquired by SitusAMC in January of...
Josh Lehr: Retail Lending vs. Direct: Leveraging Multiple Channels to Create Customers for Life
PERSON OF THE WEEK: Mortgage lenders have made great strides in delivering a seamless all-digital mortgage experience. Lender adoption of technology to facilitate a...
Metro Public Adjustment Acquires DIMONT
Metro Public Adjustment Inc., a public adjusting company, has acquired DIMONT, a provider of specialty insurance claims and loan administration services to the residential...
Average Rate For 30-Year Increases for First Time in Six Weeks
Mortgage rates moved up this week, with the average rate for a 30-year fixed-rate mortgage rising to 2.87%, up from 2.77% a week ago,...
July Report Indicates Mortgage Credit Availability Increase
The Mortgage Bankers Association's Mortgage Credit Availability Index (MCAI) shows that mortgage credit availability increased in July. The MBA's report analyzes data from Ellie...
Fred Gooch: A Nationwide RON Law Would Help Reduce Confusion
PERSON OF THE WEEK: Mortgage lenders would be wise to keep a close eye on the passage of the SECURE Notarization Act of 2021,...