MBA, Broad Coalition Of Housing Groups Cautions Against Proposed Rent Cap
The Housing Solutions Coalition (HSC), a broad coalition of housing groups, today issued a statement regarding President Biden’s proposed 5% corporate rent cap:
Read More
In The News
Data: Home Appraisals Were Higher Than Sale Prices 51% Of the Time
Corporate Settlement Solutions (CSS), a full-suite provider of commercial and residential real estate settlement solutions, released results from an analysis across 10 states that shows home appraisals were higher than sale prices 51% of the time in the first half of 2024.
Read More
Embrace Home Loans’ Patrick Holland Surpasses $1 Billion In Originations
Embrace Home Loans, a national mortgage lender, announced that loan officer Patrick Holland surpassed $1 billion in career loan originations earlier this month. Holland, who has been with Embrace since 2010, manages the Fairfax, Virginia branch and also serves as a company vice president.
Read More
Mortgage Applications Decreased 0.2 Percent From One Week Earlier
Mortgage applications decreased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending July 5, 2024. Last week’s results included an adjustment for the July 4th holiday.
Read More
Data Shows Home Buying Activity And Fees Collected By Fee Chaser Remain Steady Thus Far In 2024
LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, released the latest Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process during the second quarter (Q2) of 2024. Here’s what they found:
Read More
Investor Selects AppraisalWorks To Innovate And Streamline Appraisal Operations, Improve Profitability And Increase Scalability
Kiavi, one of the largest lenders to private real estate investors, has successfully implemented the AppraisalWorks appraisal management technology platform to streamline appraisal operations and improve profitability.
Read More
Eric Rawlings Joins Candor Technology As CTO
Candor Technology, a platform that uses artificial intelligence technology to automate loan underwriting and quality control for mortgage lenders, announces the appointment of Eric Rawlings as its Chief Technology Officer(CTO). Rawlings brings a wealth of experience and a proven track record of driving technological excellence across diverse industries.
Read More
Mortgage Credit Availability Increased In June
Mortgage credit availability increased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Read More
Incenter Marketing Elevates Jake Haynes To Director Of Creative Operations
Incenter Marketing, a national branding, marketing, public relations, and sales engagement firm with specialties in the mortgage and finance industries, announced the promotion of Jake Haynes to Director of Creative Operations. In his new role, Mr. Haynes is responsible for maximizing the creative impact of every Incenter Marketing program using the most effective strategies, tactics and tools, while ensuring consistently topnotch service.
Read More
18 Homebuyer Programs Offer Up To $117,000 For People With Disabilities
In celebration of Disability Pride Month in July, Down Payment Resource (DPR) is highlighting 18 U.S. homebuyer assistance programs that are specifically designed to support people with disabilities and their family caregivers on their journey toward homeownership. While people with disabilities may be eligible for any of the 2,300-plus U.S. homebuyer assistance programs in DPR’s database, 18 are specifically developed to promote accessibility and inclusivity for aspiring homeowners with disabilities.
Read More