Industry Briefs Nov. 4, 2022: Click n’ Close Launches SmartBuy Loan Suite

Click n’ Close, Addison, Texas, a multi-state mortgage lender serving consumers and mortgage originators through its wholesale and correspondent channels, launched SmartBuy, a suite of loan programs designed to give low and moderate-income homebuyers an advantage.

Cash-Outs, Purchase Locks Decline Amid Record-Low Affordability

Black Knight, Jacksonville, Fla., said cash-out refinances fell significantly in September, by 26.2 percent from August alone and by 78 percent from a year ago. A similar report from MCT, San Diego, also found a sharp drop in loan lock volume in September.

Curtis Richins of MCT on the Changing Digital Marketplace

Curtis Richins is President & CEO of Mortgage Capital Trading and Agile Trading Technologies, San Diego. He is experienced in international finance, marketing, risk management and business operations. He has worked extensively in Europe, in addition to his U.S.-based mortgage banking experience.