Mortgage document preparation vendor International Document Services, Inc. (IDS), has launched a new comprehensive "Resources" website within its flagship document preparation system, idsDoc.
Read More »Home Prices Gain 5.5% in June Index
Black Knight Financial Services reported Monday a 5.5 percent annual increase in its Home Price Index (HPI) for June, bringing the index to a value of $241,000 based on transactions throughout the month. June's improvement compares to increases of 5.9 percent, 6.4 percent, and 7.0 percent recorded in May, April, and March, respectively.
Read More »StoneHill Names National Director for Sales and Marketing
In Atlanta, the StoneHill Group appointed Wade Hamby as national director of sales and marketing.
Read More »New Home Sales Fall 2.4% in July
In a release on Monday, the Commerce Department estimated new home sales last month were at a seasonally adjusted annual pace of 412,000, a decline of 2.4 percent month-over-month. June sales received a slight upward revision to a rate of 422,000, while May sales were also bumped up in a second revision to 454,000—still far below the 504,000 originally reported by the government.
Read More »LenderLive Recruits SVP for Business Development
LenderLive Network Inc., an end-to-end mortgage services provider, announced this week the appointment of Kevin Cooke Jr. as SVP of business development for the company’s Loan Servicing Division.
Read More »CFPB Names Participants for eClosing Pilot Program
The Consumer Financial Protection Bureau (CFPB) unveiled this week its list of companies selected to participate in the agency's mortgage eClosing pilot program designed to measure the benefits of electronic mortgage closings and determine best practices.
Read More »NTC Makes Inc. 5000 List for Third Straight Year
Inc. Magazine recently published its full list of the fast-growing companies for 2014, and for the third straight year, Florida-based Nationwide Title Clearing (NTC) has made the cut.
Read More »Leading Economic Indicators Point to Stronger Activity Ahead
Leading economic indicators in the United States experienced a sharp increase in July, signaling what analysts hope will be a stronger second half of 2014. The Conference Board's Leading Economic Index (LEI) rose 0.9 percent last month to 103.3, building on improvements of 0.6 percent in both May and June.
Read More »Long-Term Mortgage Rates Fall to Year-Low
Average fixed mortgage rates drifted down again this week, sinking to their lowest level so far this year. Freddie Mac reported Thursday that the average fixed interest rate for a 30-year fixed-rate mortgage (FRM) was 4.10 percent (0.5 point) for the week ending August 21, down 2 basis points from last week's average. The previous 2014 low was 4.12 percent, first seen in late May and then again three more times throughout the summer.
Read More »Senior LinkedIn VP Joins Auction.com in Advisory Role
Auction.com has added a heavyweight to its team, bringing on senior Internet executive Deep Nishar in an advisory role.
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