Valuation Partners Announces Staff Changes
Mark Lyons has been promoted to the new role of senior vice president for corporate sales development at appraisal management company Valuation Partners. Lyons has  [read more]
Wed, 28 Jan 2015 16:49:49 -0500
Arch MI Launches New Company To Insure Mortgages Held In Portfolio
Arch MI, a national provider of private mortgage insurance, has launched Arch Mortgage Guaranty Co. (AMG), a mortgage insurance company specifically created for mortgage loans  [read more]
Wed, 28 Jan 2015 16:49:44 -0500
MBA: Mortgage Application Volume Fell 3.2%
After increasing dramatically the previous two weeks, mortgage application volume fell 3.2% on an adjusted basis during the week ended Jan. 23, compared to the  [read more]
Wed, 28 Jan 2015 00:00:00 -0500
Ellie Mae: Purchase Volume Up Slightly In December
Applications for purchases increased slightly in December following a four-month decline, according to Ellie Mae's Origination Insight Report, which tracks about 57% of all residential  [read more]
Tue, 27 Jan 2015 20:53:26 -0500
RealtyTrac: 7.3 Million Potential 'Boomerang' Buyers
About 7.3 million borrowers who lost their homes during the recession are poised to become homeowners again over the next eight years as their credit  [read more]
Tue, 27 Jan 2015 00:00:00 -0500
New Home Sales Jumped 11.6% In December
New home sales jumped impressively in December to reach a seasonally adjusted annual rate of 481,000, an increase of 11.6% compared to November's rate of  [read more]
Tue, 27 Jan 2015 00:00:00 -0500
Auction.com Predicts Existing-Home Sales Will Be Flat In January
January existing-home sales will come in flat compared to December but will be up year over year compared to January 2014, according to Auction.com's Real  [read more]
Tue, 27 Jan 2015 00:00:00 -0500
Beware Of Fool's Gold: How To Avoid False Claims
BLOG VIEW: The False Claims Act has taken center stage over the last few years as regulators crack down on small and large lenders responsible  [read more]
Mon, 26 Jan 2015 14:02:41 -0500
Black Knight: Home Prices Inched Up Slightly In November
U.S. home prices inched up 0.1% in November compared to October and were up 4.5% compared to November 2013, according to Black Knight Financial Services'  [read more]
Mon, 26 Jan 2015 14:00:57 -0500
NAR: Existing-Home Sales Up 2.4% In December
After falling 6.1% in November, existing-home sales were at a seasonally adjusted annual rate of 5.04 million in December - up 2.4% from a downwardly  [read more]
Mon, 26 Jan 2015 00:00:00 -0500
Misys Launches New Commercial Lending Solution, FusionBanking Lending
Banks around the world are increasingly under pressure as non-bank entities enter the lending space and regulations, such as Basel III, heighten risk management and  [read more]
Mon, 26 Jan 2015 00:00:00 -0500
Freddie Mac: Mortgage Rates Fell Again
Mortgage rates fell again amid declining bond yields and oil prices during the week ended Jan. 22, according to Freddie Mac's Primary Mortgage Market Survey.  [read more]
Fri, 23 Jan 2015 11:39:50 -0500
CFPB Fines Wells Fargo, JPMorgan Chase For Alleged Kickback Scheme
The Consumer Financial Protection Bureau (CFPB) and the Maryland Attorney General (AG) are suing Wells Fargo and JPMorgan Chase for $24 million and $600,000, respectively,  [read more]
Fri, 23 Jan 2015 00:00:00 -0500
Titan Capital Solutions: Sell Us Your 'Scratch and Dent' Loans
Titan Capital Solutions (TCS), a wholly owned correspondent investment subsidiary of mortgage services provider Titan Lenders Corp., is now purchasing lenders' "scratch and dent" loans.  [read more]
Thu, 22 Jan 2015 17:08:17 -0500
Mandy Phillips: Integrated Disclosures Will Bring About 'Philosophical Shift'
PERSON OF THE WEEK: Amanda (Mandy) Phillips is legal and compliance senior executive for Accenture Mortgage Cadence. MortgageOrb recently interviewed Phillips to learn about how  [read more]
Thu, 22 Jan 2015 11:32:18 -0500