Press Releases

WASHINGTON, D.C. (January 16, 2019) — Mortgage applications increased 13.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 11, 2019. The Market Composite Index, a measure of mo...
SAN DIEGO, Calif., Oct. 17, 2019 – Mortgage Capital Trading, Inc. (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the study results from STRATMOR Group’s 2019 Technology Insight Study show MCT as the industry leader in lender share, overall satisfact...
SAN DIEGO (February 9, 2020) — A 7 percent increase in commercial and multifamily mortgage originations in the fourth quarter of 2019 capped off what was a strong 2019 for the market, according to preliminary estimates from the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/M...
SAN DIEGO, Calif., Feb. 19, 2019 – Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, announced that the 2018 STRATMOR Technology Insight Study rated MCT as the leader in overall satisfaction, lender loyalty, and functionality effectiveness in...
WASHINGTON, D.C. (November 6, 2019) — Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 1, 2019. The Market Composite Index, a measure of mortgage loan...
WASHINGTON, D.C. (April 20, 2020) — The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance jumped from 3.74% of servicers’ portfolio volume in the prior week to 5.95% as of April 12, 2020. Mortgages backed by G...
Mortgage Capital Trading Inc. plans to launch of MSRlive!, a powerful web-based platform designed to effectively support lenders’ efforts to build, maintain and optimize their servicing portfolios. The solution will be officially released at the IMN’s first annual Residential Mortgage Servicing R...
Wipro Gallagher Solutions (WGS), a Wipro Limited company and a leading provider of loan origination software solutions, today announced the release of the latest update of NetOxygen Launchpad, a state-of-the-art consumer point-of-sale (POS) portal delivering true digital experience and enhanced c...
Powerful business intelligence and analytics tools combines sales and marketing data with LOS and other data sources to provide ROI insight on the entire mortgage loan lifecycle from lead to post-closing. SEAL BEACH, Calif. – OptifiNow announced today the unveiling of their Insights onDemand busi...
Refined, Resourceful, Ready to Help Clients Grow EAST MEADOW, NY, JULY 7, 2020 — Sprout Mortgage, the leading nationwide force in non-QM residential lending, today announced the resumption of its Correspondent Lending operations, effective immediately. “We’re excited to once again offer a c...
WASHINGTON, D.C. (January 17, 2019) — The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2018 shows mortgage applications for new home purchases decreased 6.1 percent from a year ago. Compared to November 2018, applications decreased by 13 percent. This chan...
WEST PALM BEACH, Fla. – Oct. 23, 2019 – OpenClose®, an industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced that it added technology veteran Chris Olsen to help further expand its sales department. Chris holds the newly created position of ...
SAN DIEGO (February 9, 2020) — $163.2 billion of the $2.2 trillion (7 percent) of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2020, a 48 percent increase from the $110.5 billion that matured in 2019. That is according to the Mortgage Bank...
New functionality enables customized, comprehensive real-time searches of the Department of Defense database that accompanies robust reporting RANCHO SANTA MARGARITA, Calif., Feb. 20, 2019 — Quandis, Inc., a leading default management mortgage technology provider, announced that it incorporated f...
SAN DIEGO, Calif., – November 7, 2019 – Plaza Home Mortgage, Inc®., one of the nation’s leading wholesale and correspondent mortgage lenders, announced today a new proprietary Reverse Jumbo mortgage program that will offer refinance loan amounts of up to $4 million with no FHA mortgage insurance ...
WASHINGTON, D.C. (April 21, 2020) – MISMO®, the mortgage industry’s standards organization, today announced a new Remote Online Notarization (RON) certification program for RON providers and mortgage industry participants. “Digital mortgage closings – especially during this time of so...
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...
WASHINGTON, D.C. (January 9, 2020) — Following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year. That is according to the Mortgage Bankers Association’s (MBA) 2020 Commercial Real Estate...
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...
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