The 2025 Innovations Award Winners Are …
Our industry and our world needs innovation. So check out the 15th Annual Award Winners …
Read More
In The News
Industry Veteran Ken Quantie Joins Planet’s KeyLink Title
Planet has hired Ken Quantie to lead KeyLink, the title entity in the Planet Family of Companies. As Senior Vice President, Quantie will expand KeyLink’s residential and commercial title offerings to make them available to external financial services entities by the end of the first quarter.
Read More
Mortgage Application Payments Come In Flat In December
Homebuyer affordability improved slightly in December, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,133 in November. 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).
Read More
MetroList’s Collaboration With Home Value Lock Spurs Strategic Partnerships
MetroList, Northern California’s largest multiple listing service, reports that its recent partnership with Home Value Lock has resulted in an uptick in interest in the innovative insurance product from real estate and mortgage companies.
Read More
172 New Homebuyer Assistance Programs Emerged In 2024 To Tackle Homeownership Affordability
Down Payment Resource (DPR), an authority on homebuyer assistance program data and solutions, released its Q4 2024 Homeownership Program Index (HPI) report. The report saw the number of homebuyer assistance programs increase by 172 and the number of entities offering them increase by 75 year-over-year (YoY), bringing the total number of available programs to 2,466.
Read More
Leading Data Strategist Patrick Jacolenne Joins REdistribute Board Of Directors
REdistribute, an MLS backed venture that licenses and distributes MLS data for institutional use, has added Patrick Jacolenne, CEO of DataLogiq 360 and founder of CoComply.AI, to its Board of Directors. With decades of experience in real estate and mortgage technology, Jacolenne brings unmatched expertise and innovation to the REdistribute team.
Read More
Delinquency Rates For Commercial Properties Increased In Fourth-Quarter 2024
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest commercial real estate finance (CREF) Loan Performance Survey.
Read More
Philip Riccio Appointed Chief Financial Officer Of Panorama Mortgage Group
Panorama Mortgage Group has appointed Philip Riccio as its new Chief Financial Officer (CFO). With over two decades of experience in the mortgage industry, Mr. Riccio brings a wealth of expertise in capital markets, financial management, and strategic leadership to his new role.
Read More
Home Value Lock Insurance Now Available To Stanford Mortgage Homebuyers
Home Value Lock, a market value insurance product for homebuyers, has partnered with Stanford Mortgage to protect more Sacramento-area buyers from a home price drop.
Read More
December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn
Optimal Blue released its December 2024 Market Advantage mortgage data report, showcasing year-over-year (YoY) growth in mortgage activity, even as seasonal trends led to a month-over-month (MoM) decline in rate lock volumes. Overall, December mortgage lock volume was up 26% YoY, driven by an 18% increase in purchase locks, a 43% rise in cash-out refinances, and an 82% jump in rate-and-term refinances.
Read More