Inventory shortage challenges may be easing in the housing market, with second quarter housing supply rising for the first time since 2015, according to a report. But, it will take more than one spike for a sustained supply growth.
Read More »Credit Scores vs. Lending Rates
Mortgage lending rates for borrowers with great credit got a shade more favorable, according to a report. Here’s how moderate scores impacted mortgage loan borrowers.
Read More »Resitrader Joins Optimal Blue in Loan Trading Platform
Plano, Texas-based Optimal Blue, a leading provider of secondary marketing automation to the mortgage industry, has announced the acquisition of Resitrader, creating the mortgage industry’s largest mortgage loan ...
Read More »MCT Welcomes TMS as Subservicing Partner
Mortgage Capital Trading (MCT), a leading mortgage hedge advisory and secondary marketing software firm, named TMS, a fast-growing fintech company, an additional preferred subservicing partner. This partnership brings ...
Read More »Anticipating Bank of America’s Loan Originations Performance
The bank reported higher earnings in the second quarter of 2018 and expects consumer real-estate originations to remain solid. Here’s what Bank of America said it expects from its mortgage portfolio in the second half of 2018.
Read More »Bob Dougherty Promoted as Calyx Software EVP, Business Development
Bob Dougherty has been promoted to EVP of Business Development at Calyx Software, on the heels of Dennis Boggs' retirement from the company.
Read More »Debra Montgomery Hired as Union Bank Managing Director
Union Bank has announced that Debra Montgomery has joined the bank as Managing Director, Pacific Northwest Region Manager for the Private Mortgage Division of Union Bank Home ...
Read More »Churchill Mortgage Adds 25 New Employees, Widens National Scope
As a result of the consistent and steady rise in homeowner demand throughout 2018, Churchill Mortgage, a leader in the mortgage industry providing conventional, FHA, VA, and USDA ...
Read More »The Week Ahead: Bank of America Q2 Results
On Monday, Bank of America will release its second-quarter results. Here’s what else is in store in The Week Ahead.
Read More »Not-So-Homegrown Home Sales
There’s international appeal in U.S. real estate, and, according to recent IRS data, certain countries seem especially smitten with it, Zillow Research reports. Back in 2015, non-resident foreigners ...
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