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Lending (1514)

Bill Bodnar of MMG: What Week for the Mortgage Business!

Bill Bodnar of MMG: What Week for the Mortgage Business!

Monday, 04 November 2019
Lending
Written by
Bill Bodnar of the Mortgage Market Guide discusses last week's Fed rate cut, the jobs report that easily beat expectations, revisions to previous jobs numbers, hourly earnings data and how a lot of recent data has poured cold water on a recession talk. Read more...
Mortgage Fraud Risk Reaches Multi-Year Low: First American

Mortgage Fraud Risk Reaches Multi-Year Low: First American

Tuesday, 05 November 2019
Lending
Written by
The First American Loan Application Defect Index for September 2019 finds that the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased by 5.5% compared with the previous month. Read more...
Guaranteed Rate, @properties Join Forces for New Mortgage Lender

Guaranteed Rate, @properties Join Forces for New Mortgage Lender

Friday, 08 November 2019
Lending
Written by
Independent mortgage retail company Guaranteed Rate and residential brokerage firm @properties have announced a new joint venture, Proper Rate. So reports Crain’s Chicago Business. Read more...
Docutech Hires Ex-NewRez Exec as Chief Product Officer

Docutech Hires Ex-NewRez Exec as Chief Product Officer

Thursday, 07 November 2019
Lending
Written by
Docutech, a provider of document, eSign, eClose, and print fulfillment technology in the mortgage industry, has named Adam Stern as its chief product officer. Read more...
Mr. Cooper Reports $83M Profit in Q3

Mr. Cooper Reports $83M Profit in Q3

Wednesday, 06 November 2019
Lending
Written by
Mr. Cooper Group has announced that it recorded a net income of $83 million in the third quarter, its first quarterly profit. Read more...
HUD, DOJ Move to Clarify False Claims Act for Lenders

HUD, DOJ Move to Clarify False Claims Act for Lenders

Tuesday, 05 November 2019
Lending
Written by
The Department of Housing and Urban Development and the Department of Justice have unveiled a joint memorandum of understanding outlining how the agencies plan to enforce alleged violations of the False Claims Act. Read more...
First American Mortgage Solutions Launches Xtent

First American Mortgage Solutions Launches Xtent

Sunday, 27 October 2019
Lending
Written by
First American Mortgage Solutions launched Xtent™, a configurable, data solution with instant property and borrower analytics, powered by First American’s title data. Read more...
Bill Bodnar of MMG: The Week to Be Dialed In

Bill Bodnar of MMG: The Week to Be Dialed In

Monday, 28 October 2019
Lending
Written by
Bill Bodnar of the Mortgage Market Guide discusses why the week ahead will have a number of factors to watch, including the jobs report, the fed’s favorite gauge of inflation and a probable rate cut. Read more...
Fintech Vendor Total Expert Raises $52M in VC

Fintech Vendor Total Expert Raises $52M in VC

Wednesday, 30 October 2019
Lending
Written by
Total Expert, a Minneapolis-based fintech firm that helps banks and lenders with marketing and customer engagement, has raised $52 million in its most recent round of financing. So reports TechCrunch. Read more...
Compass Launches Bridge Lending Program

Compass Launches Bridge Lending Program

Thursday, 31 October 2019
Lending
Written by
Compass has announced Compass Bridge Loan Services. So reports CNBC. The real estate brokerage says will make it easier for homeowners to buy their next home before selling their existing home. Read more...

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