Vice Capital Markets, Novi, Mich., released an integration with Freddie Mac’s Income Limits application programming interface. The API grants Vice Capital customers access to area median income information to determine if a loan meets the AMI percentage eligibility criteria for certain Credit Fee Caps.
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Industry Briefs May 16, 2023: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
LenderLogix, Buffalo, N.Y., announced its streamlined point-of-sale LiteSpeed now offers a Spanish version of the residential loan application to support communication with Spanish-speaking borrowers in their native language.
Industry Briefs Mar. 13, 2023: Lodestar Partners with Nationwide Appraisal Network
LodeStar Software Solutions, Philadelphia, partnered with Nationwide Appraisal Network, a nationwide appraisal management company. The partnership will enable users of LodeStar’s closing fee technology to access appraisal fees for fee estimates across the nation.
Industry Briefs Feb. 17, 2023: Homes Bought with Cash Down from November Peak
Redfin, Seattle, said roughly one-third (31.2%) of U.S. home purchases were paid for with all cash in December, up from 28.8% a year earlier but down from the eight-year high of 31.9% hit in November.
Industry Briefs Feb. 13, 2023: Guild Mortgage Acquires Legacy Mortgage
Guild Mortgage, San Diego, increased its Southwest presence with acquisition of Legacy Mortgage, an independent New Mexico-based lender.
Industry Briefs Nov. 10, 2022: MeridianLink Acquires OpenClose
MeridianLink Inc., Costa Mesa, Calif., completed acquisition of OpenClose, a fintech provider of residential mortgage software products for banks, credit unions and independent mortgage lenders.
Industry Briefs Oct. 31, 2022: Chase Home Lending Announces $2,000 Closing Costs for Veterans, Servicemembers
Chase Home Lending, New York, announced a $2,000 VA Purchase Closing Cost Benefit to support homeownership for veterans, servicemembers and their families. The benefit is available to servicemembers and veterans purchasing a primary residence with a VA mortgage loan.
Industry Briefs Aug. 10, 2022: TransUnion Says Serious Delinquencies ‘Normalizing’ to Pre-Pandemic Levels
TransUnion, Chicago, said the first half of 2022 concluded with a normalization in serious delinquency rates to pre-pandemic levels for most credit products as lenders continued to expand access to credit cards and personal loans.
Industry Briefs June 28, 2022: Boston National Title, Clarifire Partner on Streamlined Default Servicing
Boston National Title Agency announced a strategic alliance with Clarifire, Charlotte, N.C. Users of CLARIFIRE for default servicing and loss mitigation will now benefit from its integration with platforms from Boston National Title.
Industry Briefs June 24, 2022: Boston National Title, Clarifire Partner on Streamlined Default Servicing
Boston National Title Agency announced a strategic alliance with Clarifire, Charlotte, N.C. Users of CLARIFIRE for default servicing and loss mitigation will now benefit from its integration with platforms from Boston National Title.