Victorian Finance, an independent mortgage lending company, has implemented LiteSpeed by LenderLogix to replace its legacy point-of-sale (POS) system. Victorian Finance will use LiteSpeed to provide borrowers with an automated, digital-first mortgage experience.
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Kind Lending, a fast-growing mortgage lender, has appointed Jennifer Folk as Chief Operating Officer. A powerhouse in mortgage operations and a respected leader in the financial services industry, Jennifer steps into the role with a bold vision for scaling excellence and driving innovation.
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Total commercial real estate (CRE) mortgage borrowing and lending is estimated to have totaled $498 billion in 2024, a 16 percent increase from the $429 billion in 2023, and a 39 percent decrease from $816 billion in 2022. This is according to the Mortgage Bankers Association’s (MBA) 2024 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
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Cotality, a global property information, analytics, and data-enabled solutions provider, released its latest findings on the housing and mortgage markets. While the spring homebuying season is in full swing, homebuying activity continues to be challenged by elevated and volatile mortgage rates as well as affordability challenges resulting from surging costs of insurance and property taxes. These market dynamics are putting pressure on existing homeowners as well as future buyers. At the same time, pockets of homebuyers are benefiting from increased for-sale inventories and a slower rate of home price appreciation, particularly among condominium homes.
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Dark Matter Technologies (Dark Matter), unveiled a new Developer Portal during its second annual Horizon user conference.
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Intercontinental Exchange, Inc. (NYSE:ICE), a global provider of technology and data, released its March 2025 First Look, which reveals that while delinquency rates edged up slightly year over year (YoY), they remain below pre-pandemic levels.
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Down Payment Resource (DPR), an authority on homebuyer assistance program data and solutions, released its Q1 2025 Homeownership Program Index (HPI) report. The report saw the number of entities offering homebuyer assistance programs increase by 55 year-over-year (YoY). The number of programs increased by 43 during the first quarter, bringing the total number of available programs to 2,509.
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As Congress begins deliberations on a reconciliation bill under the Budget Resolution (H. Con. Res. 14), Community Home Lenders of America (CHLA) is urging lawmakers to protect the cost of homeownership and reject any proposals that raise mortgage fees to fund unrelated federal spending.
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A&D Mortgage, a Non-QM lender, launches a limited time 0.250 price reduction on new Second Mortgage Full Doc loans. The 2-week Sprint starts April 21 and runs until May 4 and represents yet another A&D incentive for brokers during the company’s “20 Years of ‘Yes’” celebration in 2025.
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Alanna.ai, the creator of an AI-powered intelligent assistant for title agents, has named Jennifer McAlpine as its Director of Marketing.
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