Class Valuation, a real estate appraisal management company (AMC), has launched Class Valuation Analysis (CVA), a next-generation appraisal review solution engineered to bring greater transparency, compliance and confidence to residential property valuations.
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Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 13, 2025.
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As tariffs and the potential for rising cost of goods have dominated the news cycle since early April, a new TransUnion (NYSE: TRU) Q2 2025 Consumer Pulse study found that 27% of U.S. consumers are now pessimistic about their household finances over the next 12 months.
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ServiceLink, a provider of tech-enabled services for all phases of the mortgage lifecycle, is pleased to welcome Chris Miller as a national sales executive, and James Lee and Mandy Powell as national account executives within ServiceLink’s origination division. All three will be responsible for driving client growth strategy and forging new lender partnerships. In addition, they will help lenders increase speed throughout the mortgage process, extend their digital workflows, reduce costs and enhance the consumer experience.
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Tavant, a provider of AI-powered Solutions and Digital Engineering, has been named a Major Contender in the Data and AI Services Specialists – North America PEAK Matrix Assessment 2025.
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The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2025 shows mortgage applications for new home purchases decreased 4.5 percent compared from a year ago. Compared to April 2025, applications decreased by 9 percent. This change does not include any adjustment for typical seasonal patterns.
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Williston Financial Group® (WFG®), a national provider of title insurance and real estate settlement services, announced that its subsidiary Volly has launched Network Connections, a powerful new component within its marketing suite that empowers mortgage loan officers to seamlessly and proactively collaborate with and support their real estate agent network on each new listing.
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Xactus, a fintech and market leader in verification solutions for the mortgage industry, is focused on broadening integrations in the ecosystem to support the loan life cycle beyond origination into servicing. As part of that effort, Xactus announced the successful completion of its integration with MSP, ICE’s comprehensive loan servicing system. This strategic integration enables mortgage servicers to receive automated flood zone determination updates directly into their servicing system without manual intervention.
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MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the passage of the bipartisan Homebuyers Privacy Protection Act (S. 1467) in the U.S. Senate:
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PHH Mortgage, one of the largest mortgage servicers in the U.S., and a subsidiary of Onity Group Inc. (NYSE: ONIT), is expanding its partnership with Blend Labs, Inc. (NYSE: BLND) to deliver faster, more seamless refinance and home equity experiences for borrowers.
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