VizionX Names Hanson President And CEO
VizionX, a title industry technology provider focused on driving the next generation of PropTech, has named industry veteran Terri Hanson as President and CEO.
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Author: PROGRESS In Lending
Mortgage Applications Decreased 3.9 Percent From One Week Earlier
Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 26, 2024.
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MBA RIHA Report: Mortgage Industry Should Develop New Intervention Policies For Distressed Borrowers
Events such as the Great Financial Crisis and the COVID-19 pandemic caused high levels of housing market stress, leading to rising mortgage delinquencies. According to a new research report by the Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA), examining current mortgage design models, underwriting standards, and intervention policies would help alleviate market pressures resulting from high levels of mortgage defaults.
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The Jobs Market Numbers Might Be A Bright Spot For Mortgage Lending
Bad jobs numbers are causing Wall Street to worry today, but there may be a silver lining for the mortgage industry. MBA SVP and Chief Economist Mike Fratantoni, had this to say:
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MBA Opens Doors Foundation Receives Over $240,000 From Lennar Mortgage, CMG Financial Fundraising Campaigns
The MBA Opens Doors Foundation (Opens Doors) has received a total of $240,957 from Lennar Mortgage’s 11th Annual Derby, and CMG Financials’ ‘Give Back Competition’ fundraising campaign. The funds will allow Opens Doors to further deliver on its mission of providing mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.
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Mortgage Applications Decreased 3.9 Percent From One Week Earlier
Mortgage applications decreased 3.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 26, 2024.
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Charting A New Course
Executive Interview with Frank Poiesz, President at Constellation Mortgage Solutions
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Corporate Settlement Solutions Releases Home Equity Valuation Analysis Showing The Use Of AVMs Has Significantly Increased Among Home Equity Lenders
Corporate Settlement Solutions (CSS), a full-suite provider of real estate settlement solutions, released results from its mid-year analysis of the types of valuation products that lenders are using to originate home equity loans and found a significant increase in the use of Automated Valuation Models.
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LenderLogix Integrates Income, Employment Verification Services From Truv Into LiteSpeed Mortgage Point-of-Sale
LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, launched its integration with automated employment and income technology provider Truv. Through the integration, lenders can now access Truv’s consumer-permissioned data platform through LenderLogix’s point-of-sale (POS) LiteSpeed to obtain direct-to-source income and employment verification for mortgage applicants.
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STRATMOR: Seismic Shifts In Real Estate Industry Will Have Profound Implications For Lenders In Purchase Markets
In its July Insights Report, STRATMOR Group shows how a likely upcoming surge in purchase business will be unlike previous purchase money markets and why it won’t benefit all lenders equally.
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