It’s no big secret that there has been an increasing number of mergers and acquisitions in the mortgage technology space over the past couple of years, and it should be no surprise why. The mortgage process remains costly, slow, deeply rooted in manual processes and much of it still involves paper documents instead of digital data.
Category: News and Trends
Mark Walser of Incenter Appraisal Management on Desktop Appraisal Developments
Mark Walser is President of Incenter Appraisal Management, Charlotte, N.C., a national AMC and creator of the RemoteVal remote/desktop appraisal technology platform.
MBA Awards More Than $134,000 in Path to Diversity Scholarships
The Mortgage Bankers Association awarded more than $134,000 in scholarships to 163 women and minorities under its Path to Diversity (P2D) Scholarship Program during fiscal year 2021.
Scott Roller: Mortgage Vendor News & Views, March 2022
In this ongoing article series, we report on mortgage and credit union vendor marketplace vendors, events and trends and share our viewpoints. Today’s article focuses on two vendors that have spent ample time meticulously building platforms and offerings for the servicing and secondary market conditions we are swiftly migrating toward.
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MBA Weekly Applications Survey Mar. 9, 2022: Falling Rates Spark Flurry of Activity
Mortgage applications jumped last week as interest rates fell for the first time since December, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 4.
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Nearly 6,000 Homes Sell for $100,000 Above Asking Price So Far in 2022
Redfin, Seattle, said low housing inventories, rising mortgage rates and double-digit home price increases have homebuyers willing to pay up—and up and up.
CoreLogic: Mortgage Delinquency Rate Falls to New Low
CoreLogic, Irvine, Calif., said overall mortgage delinquencies fell to their lowest point yet amid improved employment and growing home equity.
REIT Outlook Stays Positive
JLL, Chicago, said real estate investment trusts show renewed optimism, driven by a total return of 43 percent for the year, and outpacing the S&P 500 by 14 percent.