Tag Archives: mortgage

Homebuyer demand sags as mortgage rates continue to rise

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With the Federal Reserve expected to begin tapering its purchases of mortgage-backed securities as soon as November, market forces are pushing mortgage rates higher.  Continue reading →

September sees new upturn in demand for second homes

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More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading →

Truework authorized by Fannie Mae to help speed up loan approvals

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Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers. Continue reading →

First American doubles down on Endpoint with $150M in funding

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Digital title and settlement services provider is looking to fill nearly 80 job openings in departments including finance and sales. Continue reading →

What the US climate-risk review means for FHA, VA loans and more

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Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Continue reading →

New Intercontinental Exchange Inc. indices track daily mortgage rates

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Average interest rates and other stats are pulled from the ICE Mortgage Technology platform, which processes about half of all U.S. mortgages applications. Continue reading →

New WFG tool offers insights on mortgage loans in the pipeline

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WFG’s MyHome Funder Dashboard minimizes the back-and-forth that often ensues when balancing files for disbursement, providing a balance figure that includes fees that escrow agents anticipate the lender will keep from the funding wire. Continue reading →

SimpleNexus acquires LBA Ware in bid to expand lender toolset

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LBA Ware CEO Lori Brewer, who founded the company in 2008, will join SimpleNexus as executive vice president and general manager. Continue reading →

Home sales predicted to close out 2021 with surprising strength

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Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading →