U.S. home price growth remained below 2% in June, indicating a continued market slowdown, according to Cotality, Irvine, Calif.

Longtime NewsLink contributor Mark Dangelo says data modernization is not about regulatory compliance; it’s about regulatory consistency.

LenderLogix, Buffalo, N.Y., released its Homebuyer Intelligence Report, finding that in the second quarter, pre-approval letters generated via LenderLogix’s software rose by 11.9% from Q1 and the average pre-approval loan amount increased to $367,305.

Mortgage Capital Trading, San Diego, said its Lock Volume Indices report showed modest decline in July. But refinance segments outperformed expectations despite continued uncertainty in the housing market.

Continue your advocacy efforts following the Congressional Recess and join MBA's Legislative and Political Affairs Team for updates during the next Mortgage Action Alliance Quarterly Webinar.

LenderLogix CEO Patrick O’Brien says the “Franken-stack” is quietly draining time, patience and profit from lending operations in ways that are hard to ignore.