Mortgage Capital Trading, San Diego, released its MCT May Indices Report, covering volumes from April. It found a 1.87% increase in mortgage lock volume compared with March.
Tag: MCT
MCT Survey: Industry Experts Optimistic on Volume
Mortgage Capital Trading, San Diego, recently surveyed more than 100 industry professionals on their outlook for the market in 2024. Almost three quarters–74.1%–expect their mortgage volume to be higher this year than in 2023.
MCT Finds Lock Volume Increase Heading Into Buying Season
Mortgage lock volume increased 15% between February and March, according to Mortgage Capital Trading, San Diego.
Mortgage Lock Volume Drops, Mortgage Capital Trading Finds
Mortgage lock volume dropped 17.7% in October compared to September, per Mortgage Capital Trading, San Diego.
High Rates, Low Supply Drag Down Mortgage Volume in MCT October Indices Report
Mortgage Capital Trading, San Diego, found a significant 13.2% dip in mortgage lock volume in September.
Mortgage Capital Trading: Lock Volume Increases 31% Month-over-Month
Mortgage Capital Trading, San Diego, reported a 31% increase in lock volume in June after a dip in May.
Industry Briefs May 4, 2023: Peak Residential Lending Partners with LenderLogix
LenderLogix, Buffalo, N.Y., announced Peak Residential Lending implemented its application suite – LiteSpeed, QuickQual and Fee Chaser – into its existing tech stack to power a digital borrower experience.
Industry Briefs Apr. 14, 2023: FHA Extends COVID-19 Forbearance, HECM Extension Policies through May 31
The Federal Housing Administration published Mortgagee Letter 2023-08: Extension for COVID-19 Forbearance and COVID-19 Home Equity Conversion Mortgage Extensions, setting May 31 as the final date for borrowers requesting a COVID-19 forbearance or a COVID-19 Home Equity Conversion Mortgage Extension.
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. 8, 2023: TCN Worldwide Expands in Pa., Ohio, N.Y.
TCN Worldwide Real Estate Services added Jabe Companies Commercial Real Estate and Hanna Commercial Real Estate as the newest member firms