Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,041 from $2,057 in August. 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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Finotta, a provider of embedded fintech for digital banking, published its new guide, “Millennials, Gen Z & Money Moves: How to Keep Them Banking With You.” This free resource offers valuable insights for financial institutions seeking to attract and retain younger generations.
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LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, announced US Mortgage Corporation, a nationwide mortgage lender, has selected LiteSpeed to automate its mortgage process and provide its borrowers a digital-first borrower experience.
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Fay Servicing, a full-service mortgage company servicing loans for more than 170,000 U.S. homeowners, is making a significant impact by providing access to financial assistance and relief to thousands of borrowers facing personal and financial challenges. Through its longstanding partnership with SpringFour, the leading social impact fintech platform, Fay Servicing has facilitated over 6,000 referrals in the past year alone, helping homeowners navigate financial difficulties and maintain homeownership.
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This issue of our newspaper tackles pressing issues such as …
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Optimal Blue announced three major product releases: the expansion of its AI assistant suite, the introduction of Scenario Optimizer, and the free availability of Investor Pricing Insight to investor clients. These product updates build on the company’s commitment to rapidly delivering high-impact solutions that tackle real-world challenges while helping clients maximize profitability.
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This edition of our magazine tackles pressing issues such as …
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Informative Research, a technology provider delivering data-driven credit and verification solutions to the lending community, has made its Verification Platform solution available in the Dark Matter Technologies (Dark Matter) Exchange service network to streamline verification of income (VOI) and verification of employment (VOE) for more lenders.
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A luminary is defined as “a person who inspires or influences others.” And that type of person is exactly who we are honoring. The 2024 Winners Are …
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Welcome to the fourth day of the 14th Annual ENGAGE Event brought to you by PROGRESS in Lending. To close out ENGAGE 2024 we recognize this year’s Lending Luminary Award Winners and talk about the remaining awards programs offered by PROGRESS in Lending this year. Check it out here …
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