Mortgage rates continued their upward climb this week, with 30 year fixed mortgages reaching their highest point since 2014 according to the Freddie Mac Primary Mortgage Market survey ...
Read More »Mortgage Applications Decrease as Rates Rise
Mortgage applications decreased 6.6 percent from a week earlier as rising interest rates made the prospect of buying a home more costly for potential homebuyers. According to data ...
Read More »Trigger Leads Are Hurting Borrowers
The National Association of Mortgage Brokers (NAMB) wrote to Congress on Wednesday seeking a ban on the sale of trigger leads for mortgages through the PROTECT Act of ...
Read More »More Borrowers Opt for Refis
Refinance loans saw more closings than any other mortgage loan in January, with refis representing 45 percent of all closed loans, according to the monthly Origination Insight Report ...
Read More »Digital Identity for Mortgage Finds Few Takers
Security concerns are the key barrier for consumers from being more open to adopting digital identity for home buying and renting or for mortgage applications, according to the ...
Read More »Why Consumers Are Wary of Embracing Digital Identity
Digital identity is an electronically verified set of attributes that uniquely describe a person and can be beneficial in providing simplified application processes, swift transaction approvals, lower costs, ...
Read More »Mr. Cooper Acquired by Former Washington Mutual Parent Company
Nationstar Mortgage, the Coppell, Texas-based mortgage servicing company that recently rebranded itself as Mr. Cooper in an effort to grow out of a niche closely associated with the Great Recession, ...
Read More »Blend to Further Digital Mortgage Process With Fannie Mae
Blend, a California-based technology company created to drive the consumer lending industry into the digital age, recently announced it’s the first end-to-end platform will be approved to provide ...
Read More »Brian Grow Appointed as President of Morningstar Credit Ratings
Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new role Grow will oversee the day-to-day operations of the ...
Read More »Franklin American Mortgage is NAMB Double Diamond Industry Partner
Tennessee headquartered Franklin American Mortgage Company has been chosen as the National Association of Mortgage Brokers’ (NAMB) double diamond partner for 2018, the company announced in a statement. ...
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