Despite Drop in Interest Rates, Rate Locks Were Still Down Across the Board
Black Knight Inc. new Originations Market Monitor report, which looks at origination data through May 2021, shows that overall rate locks were down 4.7% from…
Day: June 14, 2021
Foley Stepping Down As Black Knight Chairman of the Board
William P. Foley II, a director and chairman of the board of Black Knight Inc., says he is retiring from the company board this week.…
New MISMO Certification Covers E-closing Systems and Technologies
Real estate finance standards organization MISMO is launching an e-mortgage technology certification program module that will assist lenders, settlement agents and consumers in verifying that…
Forbearance Exit Volume Continues to Grow
For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength. The post Forbearance Exit Volume…
Radian Announces Launch of ‘Genius’ Product Suite
titlegenius is the latest in a series of digital products the company is engineering to help solve existing and anticipated customer and agent challenges, Radian…
Pending Home Sales Losing Momentum
Despite still being up 29% year-over-year from 2020, pending home sales are tailing off as a new report examines this downturn. The post Pending Home…
May’s Mortgage Market Monitor Shows Lag in Activity
Though interest rate offerings trended downward across all mortgage products last month, overall rate locks were still down across the board, researchers say. The post…
An Opportunity to Change the Appraisal Industry
Fannie and Freddie are slowly rolling back some of the COVID-era regulations that have facilitated getting appraisals done during the pandemic. Appraisers are starting to…
