Candor Technology, Inc., a provider of automated underwriting technology and other technology enabled solutions for the mortgage industry, has closed a Series B equity round to expand its Loan Engineering System’s capabilities and enhance the user experience.
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Mortgage Capital Trading, Inc. (MCT), the de facto leader in innovative mortgage capital markets technology, has reported a 20.9% increase in mortgage lock volume in February compared to the previous month.
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TitleEQ, a national title and settlement services provider specializing in commercial real estate settlements and residential consumer purchase transactions, has unveiled an integration with Liquid Logics’ cloud-based loan origination system (LOS), Nova.
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Argyle, a provider of direct-source income and employment data, announced the successful closing of a $30 million funding round led by Rockefeller Asset Management’s Fintech Innovation Fund (“Rockefeller”).
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Mortgage applications increased 9.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 1, 2024.
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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 the integration of AccountChek by Informative Research into its point-of-sale system LiteSpeed.
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Mortgage applications decreased 5.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 23, 2024.
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Alanna.ai, the creator of a conversational AI-powered virtual assistant for title agents, has been designated with The American Institute of Public Accountants’ Service Organization Control 2 (SOC 2) Type II certification.
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MBA President and CEO Bob Broeksmit, CMB, released the following statement on the Biden administration’s housing announcements today, which include extending indefinitely the Federal Housing Administration (FHA) and Federal Financing Bank (FFB) Risk Sharing program:
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Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing to $2,134 from $2,055 in December. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).
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