iEmergent Downwardly Revises its Forecast After Weak Purchase Volume in 2024
Forecasting and advisory services firm iEmergent has downwardly revised its 2024-2026 U.S. Mortgage Origination Forecast and now expects lower-than-anticipated growth for the next two...
Rice Park Capital Closes Ventures Fund II, to Invest in Mortgage Technology Companies
Private investment firm Rice Park Capital Management reports that its strategic equity investing team has closed RPC Ventures Fund II LP.
The committed capital allows...
Optimal Blue Adding New AI-Driven Capabilities Across its Platform
Optimal Blue is adding new features to its platform including side-by-side loan scenario comparison functionality, simplified capabilities for configuration and margin management, and a...
Freddie Mac Taps Diana Reid as its Next CEO
Real estate and financial services industry veteran Diana Reid is the new CEO of Freddie Mac, effective immediately.
Reid also will serve as a member...
A&D Mortgage Completes Fourth Non-QM Securitization This Year
A&D Mortgage has executed its fourth non-QM securitization of the year, the centerpiece of which is a $209.6 million two-year senior note, which secured...
MIAC Analytics Handling Sale of $1.09B Fannie Mae and Freddie Mac MSR Portfolio
MIAC Analytics is managing the sale of a $1.09 billion Fannie Mae and Freddie Mac mortgage servicing rights (MSR) portfolio.
The portfolio is being offered...
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...
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...
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...
Fannie Mae Selling Pool of Reperforming Loans With UPB of About $611.2 Million
Fannie Mae is auctioning a pool of approximately 3,119 reperforming loans with an unpaid principal balance of approximately $611.2 million as part of its...
Freddie Mac Single-Family CRT Program Marks Milestone
Freddie Mac reports that its Single-Family Credit Risk Transfer (CRT) Program has closed its 100th ACIS (Agency Credit Insurance Structure) transaction.
Since the first transaction...
Lock Volume Increased 3.5 Percent in July, Driven by Refinances
Mortgage refinance demand surged in July to levels not seen since September 2022 amid softening interest rates, Optimal Blue reports.
The lower interest rates seen...
Mortgage Capital Trading Wins Patent for Security Spread Commitment Used in MCT Marketplace
Mortgage Capital Trading reports that it has been awarded a patent for the security spread commitment used in MCT Marketplace, its mortgage asset exchange.
The...
MIAC Analytics Integrated with Fannie Mae Mission Score API
MIAC Analytics, a provider of pricing, risk management, and accounting solutions for the mortgage and financial service industries, is now integrated with Fannie Mae’s...
Mortgage Lock Volume Fell in July
Mortgage lock volume decreased 5.67% in July compared with June, according to Mortgage Capital Trading (MCT), continuing the trend established in May and June.
The...
a360inc’s Investor Group Acquires ProVest
a360inc, a technology solutions provider to law firms, title agencies, mortgage lenders and investors, has acquired ProVest, a service of process and litigation information...
Optimal Blue Adds New Generative AI Assistant Capabilities
Capital markets technology firm Optimal Blue has launched generative AI capabilities centered on helping mortgage lenders maximize profitability on every loan transaction.
Through direct engagement...
Kiavi Closes $350 Million Unrated Securitization of Residential Transition Loans
Kiavi, a provider of capital to residential real estate investors, has closed a $350 million unrated securitization of residential transition loans.
This marks Kiavi’s 18th transaction under its LHOME shelf, bringing the company’s total issuance to more than $4.7...
Vice Capital Markets Integrates Fannie Mae Mission Score API Into Trading Portal
Mortgage hedge advisory firm Vice Capital Markets has integrated the Fannie Mae’s Mission Score application programming interface (API) into its trading portal, allowing current...
Purchase Lock Volume Fell Again in June
Mortgage purchase locks fell 1% month-over-month and 8% year-over-year in June, according to Optimal Blue.
That’s following a 4% year-over-year drop in purchase locks in...