Mortage News

GSF Mortgage Corp. has named Mortgage Loan Originator Ashley Whealton as a new addition to the company’s Jacksonville, Fla. office
GSF Mortgage Adds MLO Ashley Whealton to Jacksonville Area
GSF Mortgage Corp. has named Mortgage Loan Originator Ashley Whealton as a new addition to the company’s Jacksonville, Fla. office. A native of Louisville, Kentucky and a graduate of Sullivan University, Ashley is new to the mortgage... Read more
ACES Risk Management (ARMCO), the provider of financial quality control and compliance software ACES Audit Technology, has announced that it has hired Ben Mahan as Chief Technology armco.usOfficer
Ben Mahan Joins ARMCO as CTO
ACES Risk Management (ARMCO), the provider of financial quality control and compliance software ACES Audit Technology, has announced that it has hired Ben Mahan as Chief Technology Officer. Mahan, was hired to support ARMCO as it moves... Read more
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor
Warren Buffett Invades Canadian Housing Market
Warren Buffett’s Berkshire Hathaway is a dominant figure in the U.S. housing market, and now the company is setting its eyes on our northern neighbor.   According to a Bloomberg report, Berkshire Hathaway is buying a 38 percent stake in... Read more
If you are looking to point fingers of blame for climate change, you may want to take aim at homeowners in New England
Are New England Homeowners Wrecking the Environment?
If you are looking to point fingers of blame for climate change, you may want to take aim at homeowners in New England. According to a new report from PropertyShark.com that measures CO2 emissions by home, the states that occupy the top... Read more
Newly released federal data reaffirmed the continued strength of the housing market
Home Sales and Prices Are Still Rising
Newly released federal data reaffirmed the continued strength of the housing market.   Sales of new single-family houses in May were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S... Read more
loanDepot has announced the appointments of Eric Gutierrez as Executive Vice President, Marketing and Pat Flanagan as Executive Vice President, Next Generation Lending
loanDepot Appoints Two New EVPs
loanDepot has announced the appointments of Eric Gutierrez as Executive Vice President, Marketing and Pat Flanagan as Executive Vice President, Next Generation Lending. Both Gutierrez and Flanagan will step into newly-created roles as... Read more
Castle & Cooke Mortgage has announced the opening of its newest branch in Escondido, Calif., to be led by industry veteran and San Diego County local Leslie Thomerson, who has 28 years of experience in the mortgage industry
Leslie Thomerson to Lead New Castle & Cooke Mortgage Branch in Escondido
Castle & Cooke Mortgage has announced the opening of its newest branch in Escondido, Calif., to be led by industry veteran and San Diego County local Leslie Thomerson, who has 28 years of experience in the mortgage industry. “The... Read more
Maxwell, a provider of digital mortgage automation software for small and mid-sized lenders, has announced its integration with LendingQB
Maxwell Announces Partnership With LendingQB
Maxwell, a provider of digital mortgage automation software for small and mid-sized lenders, has announced its integration with LendingQB to make it easier for lenders and borrowers to collaborate effortlessly through the mortgage process... Read more
Purchases increased to 65 percent of all closed loans in June, up from 62 percent one month earlier
NAFCU Details Goals for Housing Policy Reforms
The National Association of Federally-Insured Credit Unions (NAFCU) has issued what it describes as its “core principles” for balancing federal housing finance reform with the specific needs of the credit union industry.   NAFCU cited the... Read more
The Mortgage Bankers Association (MBA) came out against a proposal by the Federal Housing Finance Agency (FHFA) in its annual report to Congress that the regulator’s powers be expanded to include examination authority over non-bank servicers
Mortgage Rates Remain at Year-to-Date Lows
Mortgage rates were mostly stagnant in Freddie Mac’s new Primary Mortgage Market Survey, which covers the week ending June 22.   The 30-year fixed-rate mortgage (FRM) averaged 3.90 percent, down from last week when it averaged 3.91... Read more