In The News – Page 28 – PROGRESS in Lending

As with many economic indicators, the road to normalizing housing markets remains bumpy. While home sales and inventories are improving from last year’s bottom, higher mortgage rates continue to challenge affordability and keep many potential buyers on the sidelines. Despite new listings jumping by double digits in many markets, pending home sales activity is tracking about 5% to 7% higher through March compared with last year.

Home Prices In The News

Historically Strong Home Price Growth Pushes U.S. Mortgage Holders’ Tappable Equity To Record $11T

May 7, 2024 PROGRESS In Lending

Intercontinental Exchange, Inc. (NYSE:ICE), a provider of technology and data, released its May 2024 ICE Mortgage Monitor Report, based on the company’s industry-leading mortgage, real estate and public records data sets. The report concluded that:

Execs On The Move In The News

Xactus Names Danielle Walker SVP, Business Development

May 5, 2024 PROGRESS In Lending

Xactus announced that Danielle Walker was named Senior Vice President, Business Development. Previously she served as Vice President, Product Development.

Expansion In The News

Voxtur Launches VoxturRateAdvisor To Enhance Homeownership Affordability

May 3, 2024 PROGRESS In Lending

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a technology company creating a more transparent and accessible real estate lending ecosystem, has launched VoxturRateAdvisor, a title insurance technology platform designed to present users with information on the right title product, the most competitive rates and services available on the market.

CRM & Lead Gen In The News

Usherpa Is Now A Mortgage Collaborative Preferred Partner

May 3, 2024 PROGRESS In Lending

Usherpa, developers of a customer Relationship Engagement Platform (REP), announced that the company and its SmartCRM have been vetted by The Mortgage Collaborative (TMC), one of the largest mortgage cooperatives in the country. Usherpa is now a preferred partner to TMC’s growing network of mortgage lenders that account for approximately 10% of the mortgage volume originated in the US.

Home Equity Lending In The News

Arrive Home Launches Earned Equity Program

May 1, 2024 PROGRESS In Lending

National affordable housing innovator Arrive Home has announced the launch of its Earned Equity Program. As part of Arrive Home’s continued mission to expand access to homeownership for underserved borrowers, the new Earned Equity program helps more consumers achieve their homeownership goals through a long-term purchase contract.

Expansion In The News

American Heritage Lending Optimizes Successful Wholesale Operations With OptifiNow TPO Deployment

May 1, 2024 PROGRESS In Lending

American Heritage Lending (AHL), a leader in Non-QM lending, proudly announces the successful deployment of the OptifiNow TPO CRM system. The timing is right for AHL to improve their sales and marketing capabilities while demand for Non-QM loans is growing, enabling AHL to capture a growing share of the market.

Applications In The News

Mortgage Applications Decreased 2.3 Percent From One Week Earlier

May 1, 2024 PROGRESS In Lending

Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 26, 2024.

Awards In The News Trailblazers Award

The 2024 Trailblazers Award Winners Are …

April 30, 2024 PROGRESS In Lending

Sales, marketing and public relations execs are blazing a trail that is determining the biggest winners in financial services. The 2024 Trailblazers Award Winners are …

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Servicing Advances

April 30, 2024 PROGRESS In Lending

This edition of our magazine tackles pressing issues such as …