SimpleNexus, Lehi, Utah, announced its acquisition of software firm LBA Ware, Macon, Ga. The transaction, SimpleNexus’ first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.
Tag: Industry Briefs

Industry Briefs Oct. 14, 2021: Ginnie Mae Reports Record Fiscal Year MBS Issuance
Ginnie Mae, Washington, D.C., reported mortgage-backed securities issuance volume for fiscal year 2021 grew to a record $939 billion, with issuance for September coming in at $73 billion.

Industry Briefs Oct. 13, 2021: Ginnie Mae Reports Record Fiscal Year MBS Issuance
Ginnie Mae, Washington, D.C., reported mortgage-backed securities issuance volume for fiscal year 2021 grew to a record $939 billion, with issuance for September coming in at $73 billion.

Industry Briefs Oct. 11, 2021: Homebuyers’ Average Monthly Mortgage Payment Jumps
Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.

Industry Briefs Oct. 8, 2021: Homebuyers’ Average Monthly Mortgage Payment Jumps
Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.

Industry Briefs Oct. 7, 2021: WFG Whitepaper Examines Title Agent-Underwriter Relationship
WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.

Industry Briefs Oct. 6, 2021: WFG Whitepaper Examines Title Agent-Underwriter Relationship
WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.

Industry Briefs Oct. 1, 2021: SimpleNexus Integrates with DocMagic
SimpleNexus, Lehi, Utah, integrated its Nexus Closing eMortgage platform with DocMagic’s eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.

Industry Briefs Sept. 30, 2021: SimpleNexus Integrates with DocMagic
SimpleNexus, Lehi, Utah, integrated its Nexus Closing eMortgage platform with DocMagic’s eVault and eNote technologies. The integration enables automated generation of an eNote with a tamper-evident seal and delivers the eNote to a secure eVault for delivery to the MERS® eRegistry.

Industry Briefs Sept. 27, 2021: CFPB Says Renters at Risk as COVID Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.