In The News

AffordabilityIn The News

Homebuyer Affordability Improved Slightly In December

Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,025 from $2,034 in November. 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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Execs On The MoveIn The News

Industry Vet Joe DeMarkey Joins New Reverse Mortgage Advisory Group

REVERSE plus, a technology and education company focused on making reverse mortgages easier to understand and sell, announced that Joe DeMarkey has joined its Advisory Group. DeMarkey is the first of several industry leaders expected to be announced in the coming weeks as REVERSE plus continues to build a diverse advisory team representing all corners of the mortgage ecosystem.

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ExpansionIn The News

Vertyx Expands Mortgage Servicing Platform With Portfolio Retention And Engagement Measurement Tools

Vertyx, a provider of intelligent mortgage servicing technology built for enhanced portfolio performance, has released Borrower Relationship Management, a new capability within its end-to-end mortgage servicing platform designed to help servicers and investors identify retention and recapture opportunities earlier, deliver timely outreach through borrower channels and measure engagement.

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