Archive for mortgage lending

Mortgage Origination Volume Jumped Sharply from 2015 to 2016

Posted by Molly Boesel on August 25, 2017

A CoreLogic analysis of public records data showed that the dollar volume of all mortgages – purchase and refinance combined – originated in 2016 was nearly $2 trillion, representing a 15% increase over 2015 volumes. The number of all mortgages [Read More]

Steve Thomas: 20 Years Strong, MPF Program Continues to Build on Its Success

Written by Patrick Barnard on July 27, 2017

The Mortgage Partnership Finance program, originally formed as a business line of the Federal Home Loan Bank of Chicago, has increased dramatically in the post-recession era.

Will The Gig Economy Change Mortgage Lending?

Written by Peter G. Miller on July 26, 2017

Potential borrowers are piecing together their incomes in new ways, and lending must keep pace.

Chase Taps Google’s Data to See What Mortgage Info Is Being Searched

Posted by Michael Bates on July 19, 2017

Chase Home Lending and Google recently announced a partnership whereby the organizations are collaborating to see how and what people are searching to find more information about homeownership. The “Search for Home Snapshot,” available here, offers insights that show consumers [Read More]

KeyStoneB2B Unveils New Fintech Solutions for Mortgage Lenders

Posted by Amanda Fava on June 27, 2017

Fintech solution platform KeyStoneB2B has announced new optimization tools for mortgage lenders to manage transactions with financial services providers and borrowers. The technology is an order management platform that supports lenders in interfacing with a multitude of financial services providers, [Read More]

MERS To Provide LEI Registrations And Renewals To Mortgage Industry

Posted by Patrick Barnard on May 15, 2017

In order to help the mortgage industry comply with expanded reporting requirements under the Home Mortgage Disclosure Act (HMDA), MERSCORP Holdings Inc., which operates the MERS e-registry, has entered into an agreement with The Depository Trust & Clearing Corp.’s (DTCC) [Read More]

QuickInsured Now Integrated With Ellie Mae’s Encompass

Posted by Patrick Barnard on April 26, 2017

QuickInsured, an independent insurance agency specializing in the mortgage industry, reports that its homeowners insurance quote service is now available through Ellie Mae’s Encompass all-in-one mortgage management solution. The seamless integration allows lenders to order QuickInsured’s solutions directly through Encompass. [Read More]

United Wholesale Mortgage Rolls Out New Mortgage Portal

Posted by Patrick Barnard on March 30, 2017

Mortgage lenders everywhere are deploying online portals where consumers can submit paperless applications and, with the advent of automated income and asset verification and automated underwriting, get pre-approved for a mortgage loan in just minutes. This push to automate the [Read More]

Black Knight Enhances LoanSphere Empower LOS With PitchPoint

Posted by Lauren Tyler on January 25, 2017

Black Knight Financial Services Inc., a provider of integrated technology, data and analytics to the mortgage and real estate industries, says that its LoanSphere Empower loan origination system (LOS) will be integrated with PitchPoint Solutions, a provider of mortgage fraud risk [Read More]

loanDepot Funds $100 Billion In Loans Since Launch

Posted by Lauren Tyler on January 25, 2017

National lender loanDepot says it has funded $100 billion in home, personal and home equity loans since its inception in 2010. As reported, loanDepot has grown originations on average by 70% annually since 2010 and grown its market share by 400% [Read More]

Alex Brockway Appointed Sales Team Member Of Mortgage Network

Posted by Patrick Barnard on April 25, 2016

Alexander Brockway has been hired to the sales team of privately held, independent mortgage lender Mortgage Network Inc. in the company’s Portland, Maine, branch office. He will be responsible for serving buyers and homeowners in the areas of Kennebunk and [Read More]

Katharine Loveland: Lenders Now Shifting Their Focus To HMDA

Posted by Patrick Barnard on April 20, 2016

PERSON OF THE WEEK: Katharine Loveland is executive vice president (EVP) for software delivery and professional services at Accenture Mortgage Cadence, a provider of technology and data solutions to the mortgage industry. Loveland and her team are responsible for overseeing [Read More]

Ditech Hires Sales Director In Correspondent Lending Division

Posted by Patrick Barnard on April 20, 2016

Marc VanBaalen has joined Ditech Financial LLC as sales director for non-delegated lending in its correspondent lending division. According to Ditech, VanBaalen will help build and develop the company’s non-delegated customer base across 32 states in the Eastern U.S. region. “Ditech’s [Read More]

OpenClose Taps Michael Falce To Handle Increasing Demand For Multi-Channel LOS

Posted by Patrick Barnard on April 19, 2016

Industry veteran Michael Falce has joined the team at West Palm Beach, Fla.-based OpenClose, an enterprise-class, multi-channel, end-to-end loan origination system (LOS) provider, as vice president and enterprise account executive. In this role, Falce will work with lending entities of [Read More]

Equifax: 2015 Not A Bad Year For Mortgage Originations

Posted by Patrick Barnard on April 07, 2016

Despite some major headwinds, 2015 was a fairly good year for mortgage lending, according to Equifax’s National Consumer Credit Trends Report. The report shows that the total balance of new first mortgages originated in 2015 was $1.82 trillion, an increase [Read More]

CalyxSoftware Appoints New Vice President Of Business Development

Posted by Patrick Barnard on March 23, 2016

Bob Dougherty has joined the team at CalyxSoftware, a provider of mortgage software solutions for banks, credit unions, mortgage bankers, and wholesale and correspondent lenders and brokers, as vice president of business development. In this position, Dougherty will be responsible [Read More]

Primary Capital Mortgage Adds Kyle Eddy In SVP Position

Posted by Patrick Barnard on March 22, 2016

Kyle Eddy has joined the team at Primary Capital Mortgage, a residential mortgage lender and servicer in more than 40 states, as senior vice president for consumer direct operations. With 25 years of customer care experience in the mortgage, finance, [Read More]

Lenders Seek Improved Customer Service, Reduced Time To Closing

Posted by Patrick Barnard on March 21, 2016

According to the Lenders One Mortgage Barometer, a new survey conducted online among a random sample of 200 mortgage lending professionals, 77% of mortgage lenders claim that better customer service will give them a competitive edge in 2016, while 71% cited reduced time from [Read More]