Tag Archives: Processing

The Consumer Financial Protection Bureau (CFPB) announced Steve Antonakes will serve as acting deputy director while the agency continues searching for a replacement for departing deputy director Raj Date. CFPB announced in November that Date would depart at the end of January 2013.

Fixed mortgage rates took a major leap up last week amid news of a growing economy led in part by the recovering housing market.

First-time claims for unemployment insurance jumped 38,000 to 368,000 for the week ending January 26, the Labor Department reported Thursday. Economists expected a smaller increase to 350,000 from the prior week's 330,000 initial claims. The weekly jump in initial claims was the first in three weeks. It reflected, in part, a drop in the seasonal adjustment factor the Labor Department applies to the raw data, which includes holiday workers whose jobs were eliminated.

McLean Mortgage Corporation, a privately held full-service mortgage lender based in Fairfax, Virginia, announced that the company closed more than $1.5 billion in mortgage volume in 2012, a 140 percent increase in production levels over 2011.

Irvine, California-based CoreLogic announced the availability of CoreLogic Bond Tracker, a new bond assessment service for non-agency residential mortgage-backed securities (RMBS).

The average credit score among online mortgage shoppers is rising and is well above the overall national average, according to a recent study by MortgageMarvel.com.

Lincoln, Nebraska recorded a best-in-the-nation 3.4 percent unemployment rate in December as unemployment rates dropped in 290 of the 372 metropolitan areas in the county, the Bureau of Labor Statistics (BLS) reported Wednesday.

Following S&P's calculation of a 0.1 percent decrease in prices in November, analysis on home price data remained positive.

Capsilon, a provider of cloud-based document sharing and collaboration solutions for mortgage lenders, more than doubled its revenue in 2012, the company announced. In addition, the company achieved a number of milestones last year, including the release of several updates to its cloud-based imaging solution.

The STRATMOR Group, a Georgia-based consulting firm for the mortgage industry with more than 250 clients, announced Monday it is bringing Lisa Springer, an industry veteran with more than 20 years' experience, on board to serve in the role of practice manager.