Lending

Lending (1520)

Home Diversification Corp Offers News Way To Diversify Housing Price Risk

Home Diversification Corp., a startup Fintech financial product provider, today announced that it will begin selling its signature solution for the newly established Home Diversification Industry (HD) in the 3rd-quarter of this year. Their product – Home Diversification Agreement – will be made available to industry partners and the general public at that time. The… Read more...

U.S. Home Values Fall for the First Time in Seven Years

U.S. home values fell from March to April, the first month-over-month decline since February 2012, according to the April Zillow® Real Estate Market Reporti. The typical U.S. home is worth $226,800, down 0.1% from last month. The decline – led primarily by large West Coast markets – comes after 85 straight months of gains that… Read more...

Mortgage Loan Exchange Receives Investment from New Strategic Investor

Maxex, a residential mortgage loan exchange, announced today the closing of a Series B investment round that was led by AGNC Ventures, an affiliate of AGNC Investment Corp. ("AGNC") and included the participation of Moore Asset Backed Fund, LP and other repeat institutional and private investors. AGNC is the largest internally-managed mortgage real estate investment… Read more...

MBA: April New Home Purchase Mortgage Applications Increased 15.6 Percent

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2019 shows mortgage applications for new home purchases increased 15.6 percent from a year ago. Compared to March 2019, applications increased by 3 percent. This change does not include any adjustment for typical seasonal patterns. “There was a healthy increase in new home… Read more...

Mountainview Financial Solutions and Compass Analytics Partner To Offer Clarity Into MSR Valuations

MountainView Financial Solutions and Compass Analytics announced today the industry's first integration of third-party MSR marks and pipeline hedge analytics. Through this integration, mutual MountainView and Compass clients will be able to access loan-level MSR prices and durations generated by MountainView MSR models within their Compass pipeline hedge analytics and reporting. This services integration signals… Read more...

Open Mortgage Acquires Premier Home Mortgage

Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of home ownership, has acquired Premier Home Mortgage, a lender that specializes in financing homes in rural and small-town America, in a deal that's expected to add $300 million in loan value to the company. The acquisition also adds offices in Iowa, Montana, South… Read more...

Calabria Looking to Level the Playing Field for Large Financial Institutions

Last week, at the National Association of Realtors®' Regulatory Issues Forum, newly-appointed Federal Housing Finance Agency Director Mark Calabria spoke to hundreds of Realtors® and industry leaders regarding his vision for the future of Fannie Mae and Freddie Mac. Tuesday's forum also presented an opportunity for NAR to highlight its housing finance reform plan, which… Read more...

When the Economy Turns Down, Will Your Company Be Ready? A 10-Step Practical Guide to Preparing Your Go-to-Market Program

By Mark Coronna, Area Managing Partner and CMO of Chief Outsiders John C. Maxwell, the American author, speaker, and pastor who has written many books on leadership has a wonderful quote about growth that says: “Change is inevitable, growth is optional.” There may be another version of this we should be paying attention to, and… Read more...

CoreLogic Reports U.S. Overall Delinquency Rate Lowest for a February in Nearly Two Decades

CoreLogic, a global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report. The report shows, nationally, 4% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure) in February 2019, representing a 0.8 percentage point decline in the overall delinquency rate… Read more...

From Around the Industry

Why Support Someone Who Is Trying to Put You Out of Business? This came in from Remax today: RE/MAX strongly believes the role of a real estate agent in the homebuying and selling process is more important than ever. Consumers faced with the largest, most complex financial transaction of their lives should have a knowledgeable… Read more...

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