BluePoint Mortgage, a wholesale mortgage lender based in Southern California turned to OptifiNow to manage its outbound sales process and empower its account executives to proactively engage with brokers.
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Mortgage applications decreased 9.4 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 29, 2023. The results include adjustments to account for the holidays.
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ATTOM released its November 2023 U.S. Foreclosure Market Report, which shows there were a total of 32,120 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions – up 5 percent from a year ago, but down 7 percent from the prior month.
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Mortgage Capital Trading, Inc. (MCT), a mortgage hedge advisory and secondary marketing software firm, reported a 10.7% decrease in mortgage lock volume in November compared to the previous month.
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Now that 2023 is in the rear view mirror, it’s time to look ahead to 2024. PROGRESS in Lending got commentary from 13 top lending visionaries representing 10 different companies active in our space today, about what they think this year will be like. Here’s what they said:
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Getting the total package – a strong vendor partnership and an innovative LOS – was critical for San Diego-based iServe Residential Lending. A few years ago, the team had become frustrated with their existing LOS. The lender struggled with an LOS that presented a myriad of challenges and consistently failed to deliver results when needed.
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This issue of our newspaper tackles pressing issues such as …
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Lending Laughs Cartoon
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Home price growth continued to show resiliency in November. Demand also edged higher, as ICE Vice President of Enterprise Research Andy Walden explains, with lower interest rates providing some much-needed affordability relief.
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