Author Archives: Matt Carter

Defy Mortgage launches as new player in non-QM lending

By Matt Carter | January 10, 2023 - 8:32 pm |January 10, 2023 Uncategorized

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Nashville, Tennessee-based lender to serve entrepreneurs and gig workers nationwide is accepting alternative forms of income and assets including cryptocurrency. Continue reading →

Cordless Media ads on MLSs will provide real-time mortgage rates

By Matt Carter | January 10, 2023 - 7:15 pm |January 10, 2023 Uncategorized

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Ad marketplace is the first to implement Optimal Blue’s new lead-quoting application programming interface, allowing ads to display rates from multiple lenders. Continue reading →

Homebuyer sentiment ticks up again on signs of market top

By Matt Carter | January 9, 2023 - 9:02 pm |January 9, 2023 Uncategorized

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More consumers are coming around to economists’ views that home prices and mortgage rates probably peaked last year, according to a monthly survey by Fannie Mae. Continue reading →

Mortgage demand drops to lowest level since 1996

By Matt Carter | January 4, 2023 - 9:51 pm |January 4, 2023 Uncategorized

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Mortgage rates remain well below 2022 highs as the spring homebuying season approaches, according to a weekly lender survey by the Mortgage Bankers Association. Continue reading →

DFCU Financial to offer mortgages to buyers on Florida’s Gulf Coast

By Matt Carter | January 3, 2023 - 10:48 pm |January 3, 2023 Uncategorized

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The Michigan-based credit union expands into Florida by closing a merger with Tampa-based First Citrus Bank. Full product and service integration is expected by mid-2023. Continue reading →

CIBM Bank out to double mortgage originations with new hires

By Matt Carter | January 3, 2023 - 9:08 pm |January 3, 2023 Uncategorized

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The Illinois-based bank is adding 30 new mortgage loan officers and expanding into Arizona, Connecticut, Florida, Massachusetts, New York and Rhode Island. Continue reading →

Cornerstone Home Lending gives sales teams national scope

By Matt Carter | January 3, 2023 - 8:11 pm |January 3, 2023 Uncategorized

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The merger with Roscoe State Bank means the Houston-based company’s loan officers are now federal mortgage loan originators who can make loans in 37 states. Continue reading →

After banner year, mortgage brokers seek more political clout

By Matt Carter | December 30, 2022 - 10:20 pm |December 30, 2022 Uncategorized

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A trade group representing mortgage brokers launched a political action committee and more than doubled its spending on lobbying in 2022. Continue reading →

Mortgage finance veteran Nick Smith joins Voxtur’s board

By Matt Carter | December 28, 2022 - 8:29 pm |December 28, 2022 Uncategorized

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The mortgage data analytics provider that is pioneering attorney title opinion letters had previously expanded digital asset capabilities with a $101 million Blue Water acquisition. Continue reading →

The biggest mortgage, lending and housing finance stories of 2022

By Matt Carter | December 28, 2022 - 6:00 pm |December 28, 2022 Uncategorized

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The industry dodged a meltdown, but skyrocketing mortgage rates fueled a rush to “right size” and helped crown a new leader in mortgage lending. Continue reading →