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Tag Archives: Guaranteed Rate

Guaranteed Rate Acquires Stearns Holdings

Guaranteed Rate President and CEO Victor Ciardelli said, “Pairing the incredible talent throughout Stearns’ organization with that of our existing team exemplifies the best of the best in the mortgage business.”

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Guaranteed Rate Partners with DocMagic to Cut Closing Time

Hyland digital tool

DocMagic, Inc., a California-based provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced that retail mortgage lender Guaranteed Rate can now cut closing time by electronically signing mortgage closing documents in advance.

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Purchase Loans Account for Nearly 75% of Q3 Mortgages

According to a snapshot of mortgage trends released this week by Guaranteed Rate, purchase loans accounted for 73 percent of all mortgage volumes last quarter, up from 63 percent a year prior. The increase came as refinancing numbers dropped off by more than a third annually—"indicative of the fact that the third quarter of 2013 was when the mortgage market began to account for higher interest rates," Guaranteed Rate said.

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