Planet Home Lending hires a EVP of National Operations, LenderClose expands its staff and Hubzu launches a new digital platform.
The post Eye on the Industry: Updates on Executive Hires, Technology appeared first on theMReport.com.
Most Recent Articles
Mortgage Market Health Measured
Prepayment activity hit its highest levels since 2016 while delinquencies recovered from their June spike, according to the First Look at July 2019 mortgage data from Black Knight. The post...
Volume of Homes with Mortgage Falling
In the same period of time where the value of the U.S. housing market has reached an all-time high, the amount of homeowners with mortgages is falling. What is causing the shift? The post Volume...
FirstClose Releases New Platform for Title Searches
SMART Select uses intelligence logic to automatically select the title vendor with the best service, best price, and best turn-time for financial institutions. The post FirstClose Releases New...
Gateway, Black Knight Partner for Risk Mitigation
Black Knight’s Ernst Fee service will help Gateway First Bank to mitigate risk with cures and automate accuracy of fee data. The post Gateway, Black Knight Partner for Risk Mitigation appeared...
Studying First-Time Homebuyers
For the first time, the annual growth rate in home sales to first-time buyers under performed the single-family housing market, as first-time buyers purchased 4% fewer homes in Q2 2019 than last...
The Rise of Existing Home Sales
The National Association of Realtors (NAR) reported that existing home sales rose 2.5% in July and are up 0.6% from last year. “Falling mortgage rates are improving housing affordability and...
Another Month, Another Decrease in Mortgage Rates
Ellie Mae’s July Origination Insight Report found that the 30-year mortgage dropped for the seventh-consecutive month to 4.18% The drop from the prior month’s 4.40% also led an increase in...
What do Millennial Homebuyers Know?
According to a new report, some potential homebuyers, particularly younger buyers, may be frightened away from buying a home by a lack of knowledge about the process. The post What do Millennial...
Linking Mortgage Debt to Life Expectancy
Is having debt a good thing? A new study by LendingTree found a correlation between mortgage debt and life expectancy, as higher debt relative to income is linked to higher life expectancy. “That...
Tenure Length Increasing for Homeowners
First American Financial Corporation is reporting that tenure length has increased year-over-year by 11% in July and has caused the loss of nearly 450,000 potential home sales—a monthly decrease...
The Continual Shrinking of Single-Family Home Sizes
The National Association of Home Builders (NAHB) reports that the size of single-family homes during Q2 2019 declined. The NAHB, with data from the Census Bureau’s Quarterly Starts and...
Midwest is the King of Affordability
Metros in Michigan, Ohio and Pennsylvania are among the most affordable. How much do you need to make, though, to live on the West Coast? The post Midwest is the King of Affordability appeared...
Predicting the Next Recession
A survey by the National Association of Business Economics (NABE) revealed that most of the surveyed economists believe a recession will begin by 2020 or 2021. “Survey respondents indicate that...
Gauging the Home Price Slowdown Risks
In this Video Spotlight, find out why CoreLogic Deputy Chief Economist Ralph McLaughlin says housing market observers should ease some of their concerns. The post Gauging the Home Price Slowdown...
The Key to High-Performance Mortgage Lending
Here’s what a new survey, analyzing mortgage lending, revealed about the market and the recommendations it made for the way ahead for lenders. The post The Key to High-Performance Mortgage Lending...
Housing Market in California Far From Golden
The Orange County Register reports that although home prices in California may be stabilizing, the Golden State faces a “severe housing crisis.” According to the report, just 30% of households...
Amazon’s Impact on Virginia’s Housing Market
Amazon’s HQ2 has caused a housing boom in Virginia, as the two closest cities to the Crystal City-headquarters—Alexandria and Arlington—are the two most competitive markets in the nation,...
Calyx Now Integrated with AccountChek by FormFree
Calyx recently announced that its Zip point-of-sale solution (POS) is now integrated with AccountChek by FormFree. The post Calyx Now Integrated with AccountChek by FormFree appeared first on...
Cloudvirga Announces New CEO
Cloudvirga recently announced the promotion of Daniel Sogorka to CEO. Sogorka, who joined Cloudvirga as Chief Revenue Officer in January this year, has more than 20 years of experience removing...
Non-QM Lender Looks to Improve Speed of Loan Process