Mortgage applications increased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending September 6, 2024. This week’s results include an adjustment for the Labor Day Holiday.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, announced Ben Head has joined the company as an account executive responsible for expanding LenderLogix’ market share.
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Xactus, a verification innovator for the mortgage industry, is now integrated with ACES Quality Management. ACES Quality Management and Control software helps lending institutions achieve audit efficiency across their mortgage origination, consumer lending, loan servicing and specialty lending activities.
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Kathleen (Kate) Dutill, J.D., LL.M., an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. Incenter is a family of companies that collaborate on creative solutions to improve lenders’ and depositories’ performance.
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LoanPASS, a provider of configurable loan decisioning and pricing technology for U.S. lenders, has launched LoanCOMPASS, a research tool designed to help lenders quickly find niche loan products.
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Optimal Blue will host its inaugural Optimal Blue Summit from February 3-5, 2025, at the Marriott Marquis San Diego Marina.
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The Mortgage Bankers Association (MBA) announced that David Menke has joined the association as Director of Member Relations. In his role, Menke will manage MBA’s portfolio of residential member companies, overseeing and strengthening member engagement with key leaders and identifying opportunities for MBA to better support their business efforts.
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MBA SVP and Chief Economist Mike Fratantoni believes that the recent jobs report will be good news for mortgage lending. Here’s what he said:
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Ncontracts, a provider of integrated compliance, risk, and vendor management solutions to the financial services industry, has acquired Venminder, a unified platform for managing third-party risk.
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Rice Park Capital Management LP (”Rice Park”), a Minneapolis-based, private investment firm, announces that its strategic equity investing team has closed RPC Ventures Fund II LP (“RPC Ventures”).
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