LoanNEX Now Integrated With Encompass TPO Connect
LoanNEX, a provider of pricing and eligibility technology specializing in non-agency products, is now integrated with ICE Mortgage Technology’s Encompass TPO Connect. The integration gives…
Day: November 15, 2021
Cherry Creek Mortgage Promotes Jody Watters to VP of Sales at Blue Spot Home Loans
Jody Watters has been promoted to vice president of sales and branch manager at Blue Spot Home Loans, Cherry Creek Mortgage’s consumer direct division. Watters,…
How the Mortgage Industry Can Help Marginalized Communities Achieve Homeownership
BLOG VIEW: It is no secret that home ownership is a large part of the American dream, as it is the primary contributor to successful…
FHA’s MMI Fund Propelled by Gains in Home Prices
In a report to Congress, the FHA reports that its Mutual Mortgage Insurance (MMI) Fund hit 8.03% for fiscal year 2021, a 1.93 percentage point-rise…
loanDepot’s mello Portal Streamlines Closing Process for Brokers
Enabling brokers to close loans faster and more efficiently, loanDepot Wholesale has launched the newest iteration of its mello broker portal. A number of new…
Freddie Mac CRT Program Protects $586 Billion of Single-Family Mortgages This Year
Freddie Mac’s Single-Family business has announced that its Credit Risk Transfer (CRT) program reported year-to-date CRT issuance of $14.5 billion, protecting $585.5 billion in unpaid…
Ginnie Mae Issues $69B+ in MBS in October
MBS issuance by Ginnie Mae fell month-over-month in October, despite reporting it had passed through to investors a $1 trillion in principal and interest payments…
List Price Woes: More Homes Selling for List Price
A new report from OJO Labs, a Texas-based real estate technology and guidance company, has found that 40.9% of homes in October sold for more than its list price—a number…