Saturday, November 23, 2024

Residential Mortgage

Case-Shiller: Home Prices Eked Out a 0.2 Percent Increase in June

U.S. home prices continued their upward march in June, rising 0.2% on an adjusted basis compared with July, however the rate of appreciation is...

Home Affordability Improved Slightly in July

Home affordability got a bit better in July - but not enough to improve homebuyer sentiment, according to the latest Real House Price Index...

Sparrow Mortgage Now Offering The Trade-In Mortgage From Calque

Calque and The Trade-In Mortgage have announced 20 new lenders in 2024. The latest is Sparrow Mortgage, a mortgage broker operating in Florida, Georgia, Massachusetts,...

New Home Sales Increased 10.6 Percent in July

New home sales in July were at a seasonally adjusted annual rate of 739,000, an increase of 10.6% compared with June and up 5.6%...

Informative Research Taps Steve Schulz as EVP of Product Management

Steve Schulz has joined Informative Research as the new executive vice president of product management. Schulz has more than 20 years of experience in information...

Mortgage Machine Now Integrated with Vice Capital Markets 

Mortgage hedge advisory firm Vice Capital Markets has completed its integration with Mortgage Machine, an out-of-the-box, all-in-one loan origination system (LOS) designed to accelerate...

Mortgage Rates Flat This Week, With 30-Year at Around 6.46 Percent

Mortgage rates edged down this week, with the average rate for a 30-year fixed-rate mortgage hovering around 6.46%, according to Freddie Mac’s Primary Mortgage...

Existing-Home Sales Increased in July but Remain ‘Sluggish’

After decreasing for four consecutive months, existing-home sales finally turned the corner and grew 1.3% in July compared with June to a seasonally adjusted...

Sundeep Mathur: Mortgage Lenders Must Ensure Their Use of AI is ‘Compliant and Responsible’

PERSON OF THE WEEK: As the mortgage lending industry rushes to leverage advanced AI, there are tenets that should be kept in mind to...

U.S. Home Prices Increased 0.3 Percent in July But Have Turned Negative in Certain...

Home prices increased 0.3% nationally in July compared with June and were up 5.3% compared with July 2023, according to First American’s home price...

Mortgage Applications Stabilize Following Market Volatility

Mortgage application volume dropped 10.1% during the week ended August 16, despite mortgage rates dipping slightly lower, according to the Mortgage Bankers Association’s (MBA)...

ICE Rolls Out Improvements to Encompass Mortgage Lending Platform

Intercontinental Exchange Inc. (ICE) has released new enhancements to its Encompass digital mortgage lending platform designed to help lenders improve productivity and lower operational...

Applications for New Home Purchases Jump 9 Percent in July After Sinking in June

Applications for mortgages for new home purchases increased 9% in July compared the June and were up 9.4% compared with July 2023, according to...

Housing Starts Slipped in July as Higher Mortgage Rates Continued to Sap Demand

Housing starts slumped 6.8% in July compared with June and were down 16.0% compared with July 2023, according to the U.S. Census Bureau and...

Mortgage Rates Basically Flat This Week with 30-Year Hovering Around 6.5 Percent

Mortgage rates held steady this week, with the average rate for a 30-year, fixed-rate mortgage at 6.49%, up slightly from 6.47% last week, according...

Mortgage Machine Enhances AI-Powered Document Management System Embedded in LOS

Mortgage Machine Services, offering digital origination technology to residential mortgage lenders, has launched Auto Split, an enhancement to the Click n' File document management...

Voxtur Analytics Appoints Ryan Marshall CEO

Ryan Marshall is the new CEO for Voxtur Analytics, which offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout...

Haley Parker, Brittny Hovland Promoted at Fairway Independent Mortgage

Haley Parker has been elevated to the new position of chief marketing and business development officer while Brittny Hovland is being promoted to the...

Certain Assets of Axia Home Loans Acquired by Planet Home Lending

Planet Home Lending, a national mortgage lender and servicer, has acquired certain assets of retail lender Axia Home Loans, Bellevue, Wash., an employee-owned company with...

Informative Research Adds New Alerts to Portfolio Monitoring

Informative Research has launched new alert types to enhance the portfolio monitoring service offered by Informative Research Data Solutions. The advanced alerts offer sophisticated monitoring...