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Patrick Barnard
Patrick Barnard is a seasoned journalist with more than 20 years of experience in newspapers, magazines and online media. Prior to becoming editor for MortgageOrb.com, as well as Secondary Marketing Executive and Servicing Management magazines, he worked as a regional editor for AOL's Patch Media, covering daily news in lower Fairfield County, Conn. He also held editor roles with Technology Marketing Corp. and Penton Media. He started his career in journalism as a reporter for The Darien Times, a weekly newspaper servicing Darien, Conn., eventually rising to the rank of editor. He has also done freelance work for a number of publications. He can be reached at pbarnard@zackin.com.
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Auction.com Adds Ali Haralson As EVP, Client Management

Posted by Patrick Barnard on March 21, 2017

Mortgage servicing veteran Ali Haralson has joined Auction.com as its new executive vice president for client management. Haralson has more than 20 years of mortgage servicing experience, most recently as chief operations officer and founding member of Specialized Loan Servicing, [Read More]

SLK Global Solutions Introduces New Mobile Platform For Mortgage Lenders

Posted by Patrick Barnard on March 21, 2017

Lenders already know that mobile is the key to the next generation of mortgage borrowers. But so far, developers have been struggling with how to extend a loan origination system’s functionality out into this new environment. There is, however, a [Read More]

Automated USPAP Standard 3 Compliance Tool Launched By Pendo

Posted by Patrick Barnard on March 21, 2017

As part of its quality and compliance efforts, Pendo, a nationwide appraisal management company (AMC), has added an automated Uniform Standards of Professional Appraisal Practice (USPAP) Standard 3 compliance tool to its list of proprietary technology solutions. The company has [Read More]

MBA: Rapidly Rising Rates Took A Bite Out Of Mortgage Profits In Q4

Posted by Patrick Barnard on March 21, 2017

Due mainly to rapidly rising interest rates, it got a little less profitable to be a mortgage lender during the fourth quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Mortgage Bankers Performance Report. The net gain on each loan [Read More]

Will Cuts To HUD Budget Impact FHA Insurance Program?

Posted by Patrick Barnard on March 20, 2017

A report from the Office of Management and Budget offers insight as to which HUD programs will get the axe.

Golf Pro Pat Hurst Joins Bay Equity As Mortgage Loan Officer

Posted by Patrick Barnard on March 20, 2017

Bay Equity Home Loans, a full-service retail mortgage lender based in Sausalito, Calif., recently hired a loan officer with serious “drive.” Former golf pro Patricia “Pat” Hurst, a six-time winner on the LPGA tour and 1995 LPGA Rookie of the [Read More]

The Mortgage Collaborative Hits 100-Member Milestone

Posted by Patrick Barnard on March 20, 2017

The Mortgage Collaborative, a cooperative of independent mortgage lenders, is now 100 members strong. The organization reached this major milestone following its winter conference last week in Scottsdale, Ariz. The cooperative has added about 30 lender members in the last [Read More]

Compass Mortgage Now Using Alight Mortgage Lending

Posted by Patrick Barnard on March 17, 2017

Direct mortgage lender Compass Mortgage is now using Alight Mortgage Lending for continuous reforecasting. Alight is a provider of cloud-based applications for real-time, dynamic scenario comparison and analysis, what-if scenario analysis, and dynamic forecasting. Alight Mortgage Lending is a cloud-based [Read More]

Qualia Now Connects With First American’s AgentNet

Posted by Patrick Barnard on March 17, 2017

Qualia, a provider of title settlement software, reports that its settlement platform now connects with AgentNet, a tool from First American Title Insurance Co. that enables title agents and attorneys to create e-jackets, generate approved closing protection letters (CPLs), search [Read More]

MountainView Rebrands To MountainView Financial Solutions

Posted by Patrick Barnard on March 17, 2017

MountainView Capital Holdings is now MountainView Financial Solutions. The company says in a release the name change and rebranding better reflects its diverse offering of professional services. The rebranding also includes a new logo and also a new website at [Read More]

Single-Family Housing Starts Jumped 6.5% In February

Posted by Patrick Barnard on March 17, 2017

Permit activity shows that the trend is likely to continue into spring.

Black Knight Rolls Out New Version Of Empower Geared For Smaller Lenders

Posted by Patrick Barnard on March 16, 2017

Black Knight Financial Services wants lenders to “grow up” on its loan origination system (LOS). As such, the mortgage software, data and analytics firm has launched a new version of its LoanSphere Empower LOS that gives small to midsize lenders [Read More]

Consumers’ View Of Housing Market More Favorable In February, Fannie Mae Says

Posted by Patrick Barnard on March 16, 2017

Consumer confidence in housing hit an all-time high in February, according to Fannie Mae’s most recent Home Purchase Sentiment Index (HPSI), part of its National Housing Survey. The index increased by 5.6 percentage points in February to a score of [Read More]

Nationstar To Pay $1.75 Million For HMDA Reporting Errors

Posted by Patrick Barnard on March 16, 2017

Nationstar Mortgage will pay $1.75 million to settle allegations brought by the Consumer Financial Protection Bureau (CFPB) that the company violated the reporting requirements under the Home Mortgage Disclosure Act (HMDA). The fine comes ahead of even stricter HMDA reporting [Read More]

Freddie Mac: Mortgage Rates On The Rise

Posted by Patrick Barnard on March 16, 2017

Mortgage rates took a significant jump during the week ended March 16, with the average rate for a 30-year, fixed-rate mortgage (FRM) rising to 4.30%, up from 4.21% the previous week, according to Freddie Mac’s Primary Mortgage Market Survey. A [Read More]

Fed Raises Rates For First Time This Year; Two More Hikes Expected

Posted by Patrick Barnard on March 15, 2017

FOMC statement was “somewhat disappointing” in that it offered “few hints as to the number or timing of future rate hikes.”

Optimal Blue Teams Up With Blend To Bring Mortgages Into The Modern Age

Posted by Patrick Barnard on March 15, 2017

Optimal Blue, a provider of real-time pricing engines and hedging technology to the mortgage industry, is partnering with Blend, a Silicon Valley, Calif., technology company, to bring mortgages into the modern age. The partnership means lenders that use Blend and [Read More]

MBA: Mortgage Applications Increased Despite Higher Rates

Posted by Patrick Barnard on March 15, 2017

Even through the average rate for a 30-year, fixed-rate mortgage (FRM) increased to its highest level since April 2014, mortgage application volume increased 3.1% during the week ended March 10, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications [Read More]

CoreLogic Releases Foreclosure Crisis Decade In Review

Posted by Patrick Barnard on March 15, 2017

As of the end of 2016, the national foreclosure inventory, which reflects all homes in some stage of the foreclosure process, included approximately 336,000 properties – or 0.9% of all homes with a mortgage – compared with 1.4 million homes, [Read More]

FormFree’s AccountChek Now Integrated With Encompass Consumer Connect

Posted by Patrick Barnard on March 15, 2017

FormFree‘s AccountChek automated asset verification service is now available through Ellie Mae’s Encompass Consumer Connect point of sale loan origination solution. The integration means home buyers who apply for mortgages on the self-service Encompass Consumer Connect platform can have their [Read More]