Canopy MLS, an MLS provider serving more than 22,000 subscribers in 23 North Carolina counties and three South Carolina counties including the Charlotte, Hickory and Asheville markets, will begin offering ICE’s mobile-optimized Paragon Connect as an MLS platform of choice.
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Dean Kelker will retire from his role as senior vice president and chief risk officer of SingleSource Property Solutions effective Dec. 31. Kelker, who has nearly four decades’ experience in the real estate finance industry, spent more than a decade at SingleSource mentoring employees and contributing to the company’s growth.
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The National Consumer Reporting Association (NCRA) addressed industry misconceptions about recent FICO score price increases in mortgage lending.
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Home prices continued to cool in September as homebuyers struggled with inflation fatigue. Inflation has affected both goods and other services as well as housing prices, which are now 51% higher than at the start of the pandemic.
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Homebuyer affordability declined in October, with the national median payment applied for by purchase applicants increasing to $2,127 from $2,041 in September.
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The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2024 shows mortgage applications for new home purchases increased 8.2 percent compared from a year ago. Compared to September 2024, applications increased by 3 percent. This change does not include any adjustment for typical seasonal patterns.
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While their optimism is growing, lenders must elevate customer experiences and focus on technology ROI to capitalize on a rejuvenated housing market in 2025, according to the latest Insights Report from STRATMOR Group, a mortgage advisory and consulting firm.
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Mortgage applications increased 6.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 22, 2024.
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The acquisition of Sales Mastery by Momentum Builder creates a unique force in the housing industry.
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ACES Quality Management® (ACES), a provider of enterprise quality management and control software for the financial services industry, announced the addition of 10 credit unions to its growing customer base. These organizations leverage ACES Quality Management & Control Software® to improve quality and mitigate risk across multiple internal areas, including mortgage lending, consumer lending, deposit accounts and more.
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