Angel Oak Expands with New Locations in Colorado and Mississippi
Angel Oak Home Loans, a full-service retail mortgage lender, has opened two new branches in Centennial, Colo., and Natchez, Miss.
Michael Chabot, VP, licensed area...
Case-Shiller: Home Prices Continued to March Upward in March
U.S. home prices increased 1.5% on an adjusted basis in March compared with February and were up 13.2% compared with March 2020, according to...
Homepoint Merging Large-Lender Resources with ‘Small-Lender Feel’
Wholesale mortgage lender Homepoint has debuted Amplify, its new service model that combines localized support with Homepoint's national platform for mortgage brokers.
Under this new...
Investment Gives NewDay USA a ‘Unified End-to-End Information Ecosystem’
Chrysalis Holdings LLC has made an investment in INVISR, a financial technology business focused on digital transformation.
With the investment, INVISR CEO and co-founder Tal...
Mr. Cooper Names Chris Marshall Company President
Mr. Cooper has promoted its vice chairman, Chris Marshall, to president, responsible for mortgage origination, servicing and technology operations. He will retain his existing...
Covius Holdings Hires Tom Coffey as VP of Business Development for Clayton Unit
Tom Coffey has re-joined Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, to serve as vice president of business...
Mortgage Applications Increased Despite Rising Rates
Mortgage application volume increased 2.1% on an adjusted basis during the week ended June 18, according to the Mortgage Bankers Association's (MBA) Weekly Applications...
Ross Mortgage Opens Branch in Culpeper, Virginia
Ross Mortgage Corp., a full-service residential mortgage lender headquartered in Troy, Michigan, has opened a new location in Culpeper, Va.
The new location will be...
Biden Administration Fires FHFA Director Calabria Following SCOTUS Ruling
The White House on Wednesday ousted Mark Calabria as director of the Federal Housing Finance Agency (FHFA), which regulates Fannie Mae and Freddie Mac,...
Hometown Lenders Expands with Six New Mortgage Locations
Mortgage company Hometown Lenders (HTL) has added six branches to its family of mortgage professionals, with new locations in Austin, Texas; Grand Rapids, Mich.;...
Melissa Kozicki: Collaborating on Future Mortgage Technology
PERSON OF THE WEEK: Since October 2020, the Consumer Financial Protection Bureau (CFPB) has been engaging the mortgage industry through a number of “tech...
Existing-Home Sales Fell For a Fourth Straight Month in May
Existing-home sales dipped 0.9% in May compared with April, mainly due to limited supply and rising home prices, according to the National Association of...
ChainLogix Appoints Moreland to Operations and Business Development Role
ChainLogix Mortgage Solutions has named Tim Moreland senior vice president of operations and strategic business development, focused on meeting the company’s strategic objectives in...
Making Home the Office: Shifting to a Remote Mortgage Workforce
As required by the times, mortgage lenders have been experimenting with remote work on a mass scale over the past year. Sure, personnel in...
PHH Mortgage Buying Reverse Mortgage Solutions Inc.
Ocwen Financial Corp.’s PHH Mortgage subsidiary has entered into an agreement with Reverse Mortgage Solutions Inc. (RMS) and its parent, Mortgage Assets Management LLC...
Mortgage Cadence Clients Can Now Access Radian Title, Settlement Services
Radian Group Inc. and Mortgage Cadence, an Accenture company, have launched an expanded integration to include Radian’s title and settlement services provided by Radian...
Mortgage Credit Increased in May But Remains Well Below Pre-Pandemic Levels
Mortgage credit availability increased in May, rising 1.4% compared with April to a score of 129.9 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
Greg Richardson: Non-Agency Mortgage Market Set For a Comeback
PERSON OF THE WEEK: The COVID-19 crisis put a halt on the non-agency mortgage market in 2020, but issuance of non-agency residential mortgage securitizations...
Foley Stepping Down As Black Knight Chairman of the Board
William P. Foley II, a director and chairman of the board of Black Knight Inc., says he is retiring from the company board this...
Maxwell Taps Sadie Gurley as Vice President
Sadie Gurley recently joined digital mortgage platform Maxwell as vice president.
Gurley has more than 25 years of mortgage industry experience, specifically in due diligence...