Press Releases

Mortgage credit availability increased in October according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association which analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool. The MCAI increased 2.5 percent to 186.7 in October....
Nationwide Title Clearing, Inc. (NTC), the leading post-closing servicesprovider for the nation’s largest financial institutions, investors and servicers, committed to several local and national non-profit organizations throughout 2019. For several years, NTC has been heavily involved with no...
PITTSBURGH, PA- (January 14, 2019) – ServiceMac, an innovative new entrant in the mortgage servicing and portfolio management market, has selected ServiceLink’s powerful EXOS Servicing platform as its consumer digital solution. EXOS Servicing, part of the EXOS Technologies suite of services, is a...
Oct. 10, 2018–OpenClose, an industry-leading multi-channel loan origination system LOS and mortgage fintech provider, announced the release of a Restful API suite designed to offer its customers an easier, more cost effective and secure standardized solution to enable rich and deep direct i...
Packaged, Closed-Loan Pricing Model Designed to Help Lenders Reduce Origination Costs Franklin, Tenn.,and Burlingame, Calif. – February 21, 2019 –ComplianceEase®, the nation’s leading provider of automated compliance solutions to the financial services industry, today announced that it has expand...
Mortgage Capital Trading Inc. is incorporating the company’s patent-pending geocoding technology into its Bid Auction Manager whole loan trading platform in order to shield borrower addresses from being shared with non-buying entities throughout the whole loan bidding process. “Concealing borrowe...
The Mortgage Bankers Association (MBA) and Fannie Mae’s Future Housing Leaders program today announced a new partnership to promote diversity and inclusion in the housing finance industry. The organizations will work together to increase awareness of career opportunities in housing and mor...
Mortgage Credit Availability Decreased in September WASHINGTON, D.C. (October 4, 2018) — Mortgage credit availability decreased in September according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which an...
October 11, 2018—A bold, new visual identity for Radian Group Inc. (NYSE: RDN) makes its industry debut at the 2018 Mortgage Bankers Association Annual Convention & Expo, October 14 – 17 in Washington, DC. According to Radian Chief Executive Officer Rick Thornberry, “Our new brand identity be...
NOTE: Results for February 8th, 2019, were revised as the result of updated data received from survey participants. WASHINGTON, D.C. (February 20, 2019) — Mortgage applications increased 3.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Week...
Class Appraisal has hired Julie Jones as senior vice president of valuation transformation and engagement. She reports to Scot Rose, chief innovation officer for the organization. Most recently, Jones was a member of the Collateral Policy and Strategy team for Fannie Mae, where she led broader ou...
In the midst of unprecedented growth, United Wholesale Mortgage (UWM) is adding to its already expansive campus. UWM has agreed to acquire a 900,000 square foot office building across the street from its current 610,000 square foot headquarters. The new building would be connected to UWM’s existi...
Workgroup to create new dataset ahead of next year’s mandatory switch to new loan application form WASHINGTON, D.C. (February 12, 2018) – MISMO, the mortgage industry’s standards organization, is seeking industry participants to collaborate on developing a standardized loan dataset t...
Oct. 11, 2018–The Mortgage Bankers Association Builder Application Survey data for September 2018 shows mortgage applications for new home purchases increased 8.2 percent compared to September 2017. Compared to August 2018, applications decreased by 9 percent. This change does not include a...
New interface makes loan officers more productive, provides lenders with analytics and elevates the borrower experience WEST PALM BEACH, Fla. – Feb. 21, 2019 – OpenClose®, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has compl...
WASHINGTON, D.C. (December 4, 2018) — Delinquency rates for commercial and multifamily mortgage loans remained low in the third quarter of 2018, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report. “Commercial and multifamily mortgage delinquency...
Mortgage applications decreased 1.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 26, 2019. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.4 percen...
SAN DIEGO (February 11, 2019) — The Mortgage Bankers Association (MBA) today announced at its2019 Commercial Real Estate Finance/Multifamily Housing Convention & Expo that PNC Bank has been awarded the 2019 Commercial/Multifamily Diversity & Inclusion Leadership Award. PNC was selected...
Advanced Data has hiredJon Maynell as the company’s president and a member of its board .Maynell brings more than 25 years of experience in all areas of mortgage technology including sales, marketing, functional design, and client success. Most recently, Maynell was Executive Strategist for Black...
DENVER, Feb. 25, 2019 /PRNewswire/ — MountainView Financial Solutions, a Situs company and a leading advisor to the financial services industry, today announced that it has expanded its asset valuation solution to include Enhanced Daily Marks for a range of hard-to-value Level 2 and Level 3...
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