National mortgage lender Waterstone Mortgage Corp. recently added two new branches to its national direct lending branch network and also opened its new [Read More]
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Farmington Bank, a full-service community bank with 22 branch locations throughout central Connecticut, has launched its new Correspondent Lending Portal (CLP), which offers [Read More]


With home prices continuously rising, it's hard to imagine that the number of homeowners who are seriously underwater on their mortgages would increase. [Read More]

New home sales dropped signficantly in March to an annual rate of about 481,000 units, a decrease of 11.4% compared to the revised [Read More]

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U.S. home prices rose 0.7% on a seasonally adjusted basis in February compared to January and were up 5.4% compared to February 2014, [Read More]

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Document technology company DocMagic Inc. is launching a collaborative closing platform that will help mortgage lenders comply with the Consumer Financial Protection Bureau's [Read More]

After inching up slightly the previous week, fixed mortgage rates edged down again during the week ended April 23, according to Freddie Mac's [Read More]

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Existing home sales for the month of April will come in at an annual rate of between 5.15 million and 5.47 million, with [Read More]

Existing-home sales reached a seasonally adjusted annual rate of 5.19 million in March - an increase of 6.1% compared to an annual rate [Read More]

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PERSON OF THE WEEK: Chris Appie is vice president and counsel for CSi, a provider of transaction risk management technology for the lending industry. MortgageOrb recently interviewed Appie to discuss CSi's solution for the Consumer [Read More]

BLOG VIEW: The Consumer Financial Protection Bureau (CFPB) made headlines last year when it hit a mortgage lender with a whopping $20 million fine over the way it advertised rates. According to the regulator, the [Read More]

BLOG VIEW: As we plowed through the early to mid-2000s, there were very few consumers who could not obtain mortgage financing one way or the other. Granted, the basic borrower qualification premise was completely thrown [Read More]

BLOG VIEW: If you believe in numbers, real estate sales should be soaring. Interest rates are below 4%, yet home prices nationwide have still not reached the 2007 peak - two facts which should elate [Read More]

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