Mortgage applications increased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 8, 2024.
Read More
Redefining Business Intelligence (RBI), a data science company that uses AI and experienced business analysts to pull actionable insights from very large data sets, published a new White Paper entitled, “The Critical Need for Data Science in the Modern Business Enterprise.” The paper defines data science for the mortgage industry and offers options for lenders seeking more insight from the data they already own.
Read More
OptifiNow, a provider of cloud-based CRM and marketing automation solutions, and Loan Originator Networks, LLC (LON) have launched a new integration that aims to revolutionize the way wholesale account executives support brokers by streamlining loan scenario requests and pricing.
Read More
ATTOM released its October 2024 U.S. Foreclosure Market Report, which shows there were a total of 30,784U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 4 percent from a month ago but down 11 percent from a year ago.
Read More
Optimal Blue announced two key executive promotions that will position the company to deliver innovation faster across the company’s entire capital markets platform, and to further expand the company’s network of partners. Erin Wester has been promoted to chief product officer and Mike Vough has been promoted to head of corporate strategy.
Read More
Home Value Lock, an innovative new insurance product recently launched in the Sacramento area, has announced a program to support VA loan applicants.
Read More
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased slightly to a seasonally adjusted rate of 3.92 percent of all loans outstanding at the end of the third quarter of 2024 compared to one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey.
Read More
Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, has eclipsed its full-year 2023 growth through just the first nine months of 2024.
Read More
Commercial and multifamily mortgage loan originations increased 59 percent in the third quarter of 2024 compared to a year ago, and increased 44 percent from the second quarter of 2024, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Read More
During the third quarter of 2024, Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC and asset manager Planet Management Group, LLC, demonstrated the strength of its multichannel business model. The company delivered stable performance across all divisions, positioning itself for accelerated growth in 2025.
Read More