DANBURY, Conn., Oct. 8, 2020 (SEND2PRESS NEWSWIRE) -- Promontory MortgagePath LLC, a leading provider of comprehensive digital mortgage origination and tech-driven fulfillment solutions, announced today it has hired industry veteran Theresa Sloan as Managing Director, National Mortgage Operations. - News from Promontory MortgagePath, issued by Send2Press Newswire
The quarterly increase in the median down payment jumped +5.8% in Q3 2021 plus a whopping y/y increase of +41%. National Median Down Payment Hits Highest
DANBURY, Conn., Nov. 4, 2021 (SEND2PRESS NEWSWIRE) -- Leading digital mortgage and fulfillment solutions provider Promontory MortgagePath LLC announced the renewal of its product endorsement by the American Bankers Association (ABA). Promontory MortgagePath combines extensive mortgage operations and compliance expertise with industry-leading mortgage technology to provide efficient, cost-effective mortgage processing and fulfillment services to lenders of all sizes. - News from Promontory MortgagePath, issued by Send2Press Newswire
US residential mortgage originations dropped an eye-popping -32% in Q1 2022, according to ATTOM. Overall Residential Lending Activity Plunged -32% Y/Y in
CoreLogic's annual Mortgage Fraud Report found that the risk of mortgage fraud for the 12 months ending June 2020 decreased 26.3% year-over-year nationally.
LEHI, Utah, Nov. 22, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, announced that company Founder and CEO Matt Hansen has been named to PROGRESS in Lending's inaugural list of Lending Luminaries. The award program recognizes individuals whose vision and leadership have inspired others and helped companies better navigate a fluctuating mortgage market. - News from SimpleNexus, issued by Send2Press Newswire
Fannie Mae again lowered its forecast of mortgage originations and home sales as the Federal Reserve raised its rates. Another Revision of Fannie Mae's
DENVER, Colo., June 16, 2016 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, today announced that Jennifer Fountain has been named senior vice president of due diligence and will have oversight of its closed-loan file review business. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
DENVER, Colo., Aug. 2, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that Chief Operating Officer Debora Aydelotte has been named one of HousingWire magazine's 2017 Women of Influence. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
DENVER, Colo., Aug. 1, 2016 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), the premier provider of third-party residential mortgage origination services, is pleased to announce that its senior vice president of mortgage operations Penny Nelson has been named to HousingWire's 2016 Women of Influence list. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
The shift in market composition is fueling concerns that if defaults rise, the Federal Housing Administration would have a harder time making lenders eat the losses on poorly underwritten loans.
Atlanta-based Azimuth GRC claims it's the only company that's codified every state and federal law on one platform.
As interest rates for home loans rise, NewHomeSource lays out five ways you can still buy a new home in this fiscal environment.
The recent 50 basis point repo rate cut announced by the South African Reserve Bank gives many homeowners a little wiggle room, even in these very challenging times.
While the government-sponsored enterprises' move to allow down payments as low as 3% comes with some inherent risks, Fannie Mae executives are confident they can responsibly administer the new guidelines to ensure they're an effective tool for increasing access to credit.
DENVER, Colo., March 7, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that it has received residential mortgage licensing approval in ten new states, bringing to 36 its total number of state licenses. Altavera's origination services are newly available in Arkansas, Connecticut, Illinois, Iowa, Kansas, Minnesota, Mississippi, Oklahoma, South Carolina and the District of Columbia. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
DENVER, Colo., March 14, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, has been approved by Standard & Poor's Global Ratings (S&P) as a third-party due diligence provider for U.S. residential mortgage-backed securities (RMBS) rated by that agency. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
DENVER, Colo., Aug. 17, 2016 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a leading provider of outsourced residential mortgage origination services and home of the industry's most experienced staff of U.S.-based mortgage fulfillment experts, announced today it has hired Kimberly Joyce as senior vice president of sales. Kimberly brings 22 years of sales and business development experience to the role, in which she will oversee national sales for Altavera. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
WEST PALM BEACH, Fla. and LAGUNA HILLS, Calif., June 7, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, a multi-channel loan origination system (LOS) provider, and QuestSoft, a provider of automated mortgage compliance software, announced that they will host a joint webinar covering the new CFPB HMDA regulations, how they will impact organizations, and outline specific plans to make compliance with the new HMDA rules the most efficient and time-saving process in the mortgage industry. - News from OpenClose, issued by Send2Press Newswire
JACKSONVILLE, Fla., Feb. 5, 2024 (SEND2PRESS NEWSWIRE) -- Dark Matter Technologies (Dark Matter), an innovative new leader in mortgage technology backed by time-tested loan origination software and leadership, today announced it has been named to HousingWire's 2024 Tech100 Mortgage list of companies shaping the future of the housing finance sector. HousingWire attributed the recognition to the cutting-edge technology behind the Empower(r) loan origination system (LOS), a comprehensive, bundled offering from Dark Matter that provides all-in-one mortgage origination functionality. - News from Dark Matter Technologies, issued by Send2Press Newswire
SAN DIEGO, Calif., June 2, 2016 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, is pleased to announce that it will be an exhibitor at the EMERGE: Consumer Financial Health Forum being held June 15-17 at the historic Roosevelt Hotel in New Orleans, Louisiana. - News from ReverseVision Inc., issued by Send2Press Newswire
DENVER, Colo., May 12, 2020 (SEND2PRESS NEWSWIRE) -- Digital mortgage leader Maxwell has announced Altavera Mortgage Services founder and former CEO Brian Simons has joined the company as president. Simons comes to Maxwell with 23 years of experience in the mortgage industry, including capital markets, loan origination and default management. - News from Maxwell Financial Labs, issued by Send2Press Newswire
DENVER, Colo., July 27, 2017 (SEND2PRESS NEWSWIRE) -- Altavera Mortgage Services (Altavera), a Computershare company and leading provider of outsourced residential mortgage origination services, today announced that Senior Vice President of Due Diligence Jennifer Fountain has been named one of Mortgage Professional America's 2017 Elite Women in Mortgage. Fountain was recognized as a distinguished expert in the areas of credit and underwriting policy, operations, due diligence, management and training. - News from Altavera Mortgage Services LLC, issued by Send2Press Newswire
According to the Mortgage Bankers Association, mortgage refinancing demand surged by 5% last week. This increase followed a decline in mortgage rates,
Even with the mortgage origination space stretched thin, not all lenders are destined to struggle. According to one association, community banks are actually well-positioned for lending success.
COSTA MESA, Calif., Jan. 11, 2013 (SEND2PRESS NEWSWIRE) -- LendingQB, a provider of end-to-end loan origination software, announced that its president, Binh Dang, has been named to National Mortgage Professional magazine's Top 40 Most Influential Mortgage Professionals Under 40 list. - News from LendingQB, issued by Send2Press Newswire
Overall loan activity dropped -8% in Q3 2021, the largest quarterly dip in over a year. Loan Activity Fell -8% in Q3 2021 Total loan activity dropped by
SAN DIEGO, Calif., May 31, 2017 (SEND2PRESS NEWSWIRE) -- ReverseVision, the leading provider of software and technology for the reverse mortgage industry, has forged a partnership with Skyline Financial Corp. (Skyline Home Loans and NewLeaf Lending) to support the lender's growing reverse mortgage division with RV Exchange (RVX) loan origination technology and RV University (RVU) training programs. - News from ReverseVision Inc., issued by Send2Press Newswire
LEHI, Utah, Oct. 9, 2019 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced it has been ranked among the fastest-growing companies in the state by both Utah Business and Utah Valley BusinessQ magazines. SimpleNexus was named a top Emerging Company on Utah Business Magazine's Fast 50 list and was honored by Utah BusinessQ as a UV50 winner. - News from SimpleNexus, issued by Send2Press Newswire
SHERMAN OAKS, Calif., Sept. 28, 2017 (SEND2PRESS NEWSWIRE) - Matic Insurance Services (Matic), a digital insurance agency that enables borrowers to purchase homeowner's insurance during the home-buying transaction, today announced a new partnership with LendingQB, a provider of "lean lending" loan origination technology. Matic announced the news as part of a live demonstration at San Francisco's Digital Mortgage Conference. - News from Matic Insurance Services, issued by Send2Press Newswire
With the interest rate at its lowest in decades it may now be more financially prudent to buy rather than rent a home, says Carl Coetzee, chief executive officer of BetterBond.
Freddie Mac predicts lower rates should rekindle demand for the spring home buying season
Lenders looking to reduce per-loan origination costs should consider the benefits of bundling origination services with Chronos Solutions. The efficiency of bundling with Chronos not only yields average cost savings of 15-20%, but improves quality throughout the loan process. And unlike some larger companies, these benefits are delivered without sacrificing customer service.
WASHINGTON, D.C., Oct. 2, 2017 (SEND2PRESS NEWSWIRE) -- NAMB, an association that represents the interests of individual mortgage loan originators and small to mid-size mortgage businesses, today announced a rebranding that includes a new logo and marketing campaign. NAMB's new brand identity emphasizes the diversity of its member base, which includes individual loan originators and small and midsize mortgage origination businesses of all kinds-brokers, bankers and correspondent lenders. - News from NAMB, issued by Send2Press Newswire
SALT LAKE CITY, Utah, Sept. 25, 2017 (SEND2PRESS NEWSWIRE) -- TRK Connection (TRK), a leading provider of mortgage quality control and origination management solutions, announced today that it has added a data subscriptions feature to its flagship mortgage quality control (QC) audit platform Insight Risk & Defect Management (RDM). - News from TRK Connection, issued by Send2Press Newswire
WEST PALM BEACH, Fla., March 9, 2017 (SEND2PRESS NEWSWIRE) -- OpenClose, a multi-channel loan origination system (LOS) mortgage software provider, announced that it earned a spot on National Mortgage Professional magazine's (NMP) annual Top 100 Mortgage Employers list for 2017. - News from OpenClose, issued by Send2Press Newswire
ADDISON, Texas, Dec. 1, 2016 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced today that its Owner and Chief Executive Officer Jeff Bode has been recognized by HousingWire magazine in its second annual HW Vanguard Awards(TM) program. - News from Click n' Close Inc., issued by Send2Press Newswire
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be surprised by the options that are still available for borrowers with lower credit scores.
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Dividing goals can get originators on the right track