Featured Mortgage News

California-based data technology developer Lender Price says it has integrated with Ernst Publishing, a provider of mortgage fee data for the real estate and home finance industry. According to Lender Price, the integration allows the company’s pricing engine to return [Read More]

Recent Mortgage News

The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will be down slightly in 2017, ending the year at $478 billion, a decrease of 3% from the 2016 volumes. Mortgage banker originations of just multifamily mortgages are forecast [Read More]

More mortgage lenders say they have eased credit standards recently and expect further easing in the coming months, according to Fannie Mae’s second-quarter 2017 (Q2 2017) Mortgage Lender Sentiment Survey. Overall, the share of lenders reporting they have eased mortgage [Read More]

National Bank Holdings Corp., the parent company of NBH Bank, and Peoples Inc. have entered into a definitive agreement for NBH to acquire Peoples, building the company’s scale in the Colorado Front Range and greater Kansas City regions. According to [Read More]

A recent TransUnion analysis finds that 55% of those who shopped for a mortgage in Q1’17 were non-homeowners, most of which were renters. This is a significant rise from Q1’16 (50%) and Q1’15 (45%), demonstrating that consumers may be shifting [Read More]

An increase in the number of single-family home rentals has taken away a chunk of sellable inventory, according to the May Zillow Real Estate Market Reports. The typical home stayed on the market for just 77 days, the fewest days [Read More]

The National Reverse Mortgage Lenders Association (NRMLA), through the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI), finds that homeowners aged 62 and older saw their home equity increase by a combined 3.1% to $6.3 trillion in the first quarter of 2017 [Read More]

Silicon Valley, Calif.-based real estate analytics company HouseCanary has announced that mortgage lenders and servicers can now access its home price indices (HPIs) and forecast models through First American Mortgage Solutions LLC, a subsidiary of First American Financial Corp. and [Read More]

The costs of renting a home in New York City would exceed the costs of buying a comparable home in 5.6 years, according to local online real estate marketplace StreetEasy’s Tipping Point analysis. The analysis finds an increase in tipping [Read More]

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From The Orb

PERSON OF THE WEEK: Brian K. Fitzpatrick is president and CEO of LoanLogics Inc., which focuses on loan quality management and performance analytics technologies for the mortgage industry. We recently checked in with him to get a sense of how [Read More]

PERSON OF THE WEEK: Barry Malone is senior vice president of sales for Financial Industry Computer Systems Inc., a provider of mortgage loan origination and mortgage servicing software. MortgageOrb recently interviewed Malone to learn more about the challenges of in-house [Read More]

The last time the Financial CHOICE Act was up before Congress, the bill went nowhere.

BLOG VIEW: Nationstar Mortgage was recently fined $1.75 million for violating the Home Mortgage Disclosure Act (HMDA) by allegedly consistently failing to report accurate data about mortgage transactions from 2012 through 2014. This is the largest HMDA civil penalty imposed [Read More]

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