Mortgage applications increased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2025.
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MISMO published the SMART Doc® V3 Sample Package. This resource is part of MISMO’s larger effort to modernize the industry’s data exchange methods by facilitating broad adoption of SMART Docs® beyond the eNote.
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The Community Home Lenders of America (CHLA) released the following statement in response to HUD’s action, published in the Federal Register – to delay by six months the compliance deadline for a requirement that new homes financed with FHA loans must meet the International Energy Conservation Code (IECC) energy standards for new homes:
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Snapdocs, a digital closing provider, today announced the availability of two new capabilities: Quality Control (QC) and Trailing Document Management. These advancements are part of the company’s broader strategy to automate the complex closing tasks beyond the eSignature.
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Cloudvirga announced its Horizon Retail POS integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE). This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology.
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Floify announced the appointment of Sol Klein as head of client experience and business operations. Klein, a seasoned mortgage technology executive with extensive experience in customer success and implementation, will lead initiatives to help clients maximize the value of their investment in Floify’s platform.
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Xactus, a fintech and market leader in verification solutions for the mortgage industry, announced that global analytics software leader FICO (NYSE: FICO) has teamed up with Xactus as its first technology partner in FICO’s quest to bring its innovative FICO® Score Mortgage Simulator to market.
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New Story Lending, a growing national mortgage company dedicated to making homeownership accessible to all, has officially trademarked the phrase “Breaking Barriers to Homeownership.” The move reflects the company’s commitment to providing innovative lending solutions, fostering financial empowerment, and ensuring that the dream of homeownership is attainable for most everyone.
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Floify launched Dynamic Apps, a no-code feature that lets lenders tailor loan applications based on loan type. By eliminating irrelevant questions, Dynamic Apps shapes the home financing journey to borrowers’ unique goals while helping lenders accelerate approvals, improve application completion rates and maintain regulatory compliance.
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MISMO is seeking public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information. The 30-day public comment period runs through April 3, 2025.
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