Mortgage applications decreased 1.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 15, 2024.
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Veros Real Estate Solutions (Veros) has launched RiskWire.com, a web platform that offers timely real estate news, in-depth economic analysis, and valuable perspectives on the ever-evolving landscape of U.S. housing market.
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For the 6th straight year we are honoring The Most Powerful Women in FinTech today. No matter if you are a lender, a servicer, a technology provider, a consultant, etc., we want to recognize your efforts. APPLY TODAY!
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The Mortgage Collaborative, the nation’s largest independent mortgage cooperative, announced the addition of Blue Sage Solutions, a cloud-based technology provider, to bring interim servicing to the mortgage industry. The partnership makes the Blue Sage Digital Servicing Platform (DSP), a cloud-based system that provides all necessary functions to perform interim servicing, available to TMC members at preferred rates.
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Truv, a provider of automated employment and income verification technology for mortgage lenders, banks and credit unions, is now a conditionally authorized report supplier for mortgage lenders using Fannie Mae’s Desktop Underwriter (DU) validation service.
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Kriss Law/Atlantic Closing & Escrow (“KL/ACE”), a national, attorney-driven settlement services firm has launched a pilot program for digital notarizations and closings leveraging a new integration with The Closing Exchange (TCX) and eSign Events by Simplifile. The pilot will empower KL/ACE to deliver a comprehensive, integrated eClosing and eNotarization option for mortgage lenders.
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Planet Home Lending, a national mortgage lender, servicer, and asset manager, has hired Matt Kingsborough (NMLS# 313415) as Regional Sales Manager. Bringing more than two decades of experience in mortgage lending and an exceptional track record of leadership and innovation, Kingsborough is poised to drive Planet’s expansion in the Western U.S.
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Fintech provider Forta Solutions announced the successful funding of its first loan through its SaaS warehouse lending platform Agility, which launched in October 2023. Designed by warehouse lenders and built with modern technology, the platform features APIs that enable seamless integrations and automated workflows with both internal and third-party vendors’ systems. With real-time monitoring, intelligent analytics and endless integration capabilities, Agility sets a new standard for transparency in warehouse lending.
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ORNL Federal Credit Union (ORNL FCU) recently announced the appointment of Jennifer Lopez Kouchis as Chief Strategy & Growth Officer, effective February 19, 2024. The position is new to the $3.65 billion dollar organization.
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The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2024 shows mortgage applications for new home purchases increased 15.7 percent compared from a year ago. Compared to January 2024, applications increased by 1 percent. This change does not include any adjustment for typical seasonal patterns.
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