BREAKING NEWS
Applications Rebound in MBA Weekly Survey
Mortgage applications bounced back last week after two straight weeks of steady decline as interest rates fell sharply, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending July 9.
CoreLogic, Irvine, Calif., said all stages of mortgage delinquency except for the serious delinquency rate improved on an annual basis for the first time since March 2020.
Technology employment weathered the pandemic better than most professions; now established tech capitals such as San Francisco and Seattle and emerging tech hubs including Dayton and Colorado Springs are poised for growth, said CBRE, Dallas.
Consumer prices, already fueled by a heated economy continued to accelerate in June to its fastest monthly rate in 13 years, the Labor Department reported Tuesday.
In this article, we’ll discuss how EDI and RPA technologies help lenders streamline insurance tracking and verification and reduce direct member contact.
Kennedy Wilson, Beverly Hills, Calif., acquired 344-unit apartment community Sombra del Oso in Albuquerque, N.M. for $65 million.
The reality is that most loan officers with a good-sized database have plenty of contacts who are ready to finance or refinance right now—they just don’t know who they are. But there are ways to identify them and turn a missed opportunity into a success story.
Lenders and servicers alike must focus on streamlining processes through automated technology and data-enabled solutions to sustain a more profitable business model and manage the shifts and demands of the marketplace.
Neil Fraser is Director of U.S. Operations for Paradatec, Cincinnati, Ohio, a provider of AI-based document classification and data extraction technology for mortgage loan processing. He manages all of Paradatec’s operations and has grown the company every year since its incorporation in 2002.
FormFree, Athens, Ga., partnered with ICE Mortgage Technology, part of Intercontinental Exchange Inc., a provider of data, technology and market infrastructure, to make its AccountChek 3n1 asset, income and employment verification service available in the Encompass cloud-based loan origination platform
Speaking proposals for breakout sessions are now being accepted for the Mortgage Bankers Association’s Annual Convention & Expo 2021, taking place October 17-20 at the San Diego Convention Center.
Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.
