Total originations of open-ended Home Equity Lines of Credit (HELOCs) and closed-end home equity loans increased in 2023 by 1.5 percent compared to the previous year, while debt outstanding increased 8.3 percent. This is according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending Study.
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ServiceLink, a provider of tech-enabled services for all phases of the mortgage lifecycle, welcomes Yancy Riggs, vice president, national sales executive, to its default division.
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CRMnow, a customer relationship management (CRM) system built from the ground up for the mortgage industry, announced that Atlantic Coast Mortgage has successfully implemented Nextwave CRM as their Enterprise CRM platform for loan officers across all 30 states where it operates.
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SitusAMC, the provider of investment advisory, strategic outsourcing, talent, and technology solutions to the commercial and residential real estate finance industries, today announced the strategic decision to retain its Real Estate Valuation Services (REVS) business and commitment to invest $20MM of capital to expand technology capabilities for the business. This decision follows a period of strategic alternative exploration.
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Companies that are thinking strategically will win the day. How? By making the right connections. The 2024 Connections Award Winner are …
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Williston Financial Group® (WFG®), a full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, launched 1031 Exchange services through WFG 1031, LLC. A newly launched product of WFG’s marketing and technology subsidiary, MyHome, a Williston Financial Group Company™, WFG 1031, LLC provides 1031 Exchange services in partnership with Accruit LLC, one of the nation’s leading Qualified Intermediaries.
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Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, has launched a new strategic engagement with Deephaven, a prominent non-agency mortgage aggregator. More specifically, Voxtur-owned Blue Water Financial Technologies, a provider of innovative financial management solutions, is set to transform the way Deephaven manages its mortgage pipeline, optimizes delivery, and oversees its processes efficiently via this new collaboration.
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Candor Technology has released a groundbreaking PreQual product, a patented borrower prequalification service that leverages artificial intelligence to deliver instant results and borrower insights across conventional and FHA loans.
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DocMagic announces the passing of its Founder, President and Chief Executive Officer, Dominic Iannitti. Mr. Iannitti passed away unexpectedly on Thursday morning due to complications from pneumonia. He was a visionary leader, innovator, entrepreneur, and a prominent figure within the mortgage industry.
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Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 19, 2024.
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