Tag Archives: Processing

DataQuick unveiled its Portfolio Management Intelligence Suite designed to provide configurable solutions to meet clients' specific portfolio requirements.

Following Elizabeth Duke's comments on the impact capacity constraints are having on the housing market, Capital Economics released an update with a similar focus.

Republic Mortgage Home Loans, a Utah-based mortgage lender, announced the release of a new mobile app exclusively for its borrowers and applicants.

In Pennsylvania, GMH Mortgage Services LLC announced the hiring of Janine Ranski as regional sales manager and assistant VP for the New York, New Jersey, and Pennsylvania market.

VirPack, a mortgage industry leader in document management, and IDS Inc., a provider of mortgage documents and compliance, are teaming up to streamline initial disclosures.

ZipRealty analyzed two years' worth of multiple listing service data and Census Bureau information to come up with a list of the top 10 most affordable housing markets of 2013. The coveted title of "Most Affordable Market of 2013" goes to the Dallas-Fort Worth area, where the median sales price is 5.27 times the median household income. Meanwhile, metros located on or close to the coasts make up the list of least affordable areas. Washington, D.C., takes the top spot, with the average median price costing 16.78 times the average household income.

Women are less likely to be approved for mortgage loans than their male counterparts, even when loan-to-income ratios are equal, according to a new study from the Woodstock Institute, a Chicago-based, nonprofit research and policy organization. The findings reveal an 8 percent disparity between the likelihood of a woman and man with similar loan-to-income ratios receiving a purchase loan and a 21 percent disparity among approval rates for male and female refinance applicants.

First time claims for unemployment insurance fell 10,000 to 332,000 for the week ending March 9, the Labor Department reported Thursday. Economists expected 350,000 initial unemployment claims. The drop in filings the third in the last four weeks resumed a downward trend in layoffs.

House prices increased 9.7 percent year-over-year in January, continuing a recent trend, and prices show "no signs of an imminent slowdown," according to Capital Economics.

Leads360, a leader in cloud-based intelligent sales automation solutions based in Los Angeles, announced the addition of industry vet Kelly Booth as director of the company's mortgage unit.