Mortage News

​Jayme Chandler has joined Mortgage Network Inc. as a mortgage loan officer in the company’s Lancaster, Penn. branch office,
Jayme Chandler has joined Mortgage Network Inc. as a mortgage loan officer in the company’s Lancaster, Penn. branch office, where she will be responsible for serving homebuyers and homeowners throughout the southeastern Pennsylvania region... Read more
​Dart Appraisal has announced the promotion of Rachel Lasater to the newly-created role of director of Production Workflow
Dart Appraisal has announced the promotion of Rachel Lasater to the newly-created role of director of Production Workflow. Lasater, who previously served as Dart’s operations manager, has been with the company since 2003. Lasater will... Read more
Motto Mortgage, an innovative mortgage brokerage franchise and the second member of the RE/MAX Holdings Inc. family of brands, has announced that its offering of mortgage brokerage franchise opportunities is now effective in Virginia
Motto Mortgage, an innovative mortgage brokerage franchise and the second member of the RE/MAX Holdings Inc. family of brands, has announced that its offering of mortgage brokerage franchise opportunities is now effective in Virginia. The... Read more
Equity Prime Mortgage LLC has named Eric Skates vice president of Marketing
Equity Prime Mortgage LLC has named Eric Skates vice president of Marketing. In two years of employment, Eric has already managed many initiatives that have been crucial to the growth of the company, including Pardot B2C Marketing... Read more
Average mortgage rates fell for the third consecutive week, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 4.09 percent for the week ending January 19, down from last week... Read more
The new Federal Housing Administration (FHA) mortgage insurance premium deduction could result in an average savings of $446 per year, according to a new analysis from ATTOM Data Solutions
The new Federal Housing Administration (FHA) mortgage insurance premium deduction could result in an average savings of $446 per year, according to a new analysis from ATTOM Data Solutions. Working on the foundation of the $185,000 median... Read more
There was mixed news in the latest housing starts data released by the U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD)
There was mixed news in the latest housing starts data released by the U.S. Census Bureau and the U.S. Department of Housing & Urban Development (HUD). Single-family housing starts in December were at a rate of 795,000, which is four... Read more
Home loan purchase percentages closed 2016 on the rise while refinancing began to slightly soften, according to the latest Ellie Mae Origination Insight Report
Home loan purchase percentages closed 2016 on the rise while refinancing began to slightly soften, according to the latest Ellie Mae Origination Insight Report. Last month, home purchases accounted for 54 percent of all closed loans, up... Read more
The Federal Housing Finance Agency (FHFA) is requesting public input on establishing a potential chattel loan pilot initiative for Fannie Mae and Freddie Mac and on a proposed Evaluation Guidance under the final rule on Duty to Serve... Read more
In its first housing related case of 2017, the U.S. Supreme Court issued a unanimous ruling today that Fannie Mae does not have the right to automatically bring state lawsuits to federal court
In its first housing related case of 2017, the U.S. Supreme Court issued a unanimous ruling today that Fannie Mae does not have the right to automatically bring state lawsuits to federal court. The ruling, which reverses an earlier... Read more

Pages