Mortage News

The Mortgage Bankers Association Weekly Mortgage Applications Survey for the week ending Feb. 17 showed the housing market with a case of the mid-winter blahs
Weekly Mortgage Applications in a Mild Decline
The Mortgage Bankers Association Weekly Mortgage Applications Survey for the week ending Feb. 17 showed the housing market with a case of the mid-winter blahs.   The Market Composite Index dropped two percent on a seasonally adjusted basis... Read more
Existing-Home Sales Start 2017 With a Bang
Total existing-home sales started the year with a 3.3 percent spike to a seasonally adjusted annual rate of 5.69 million in January from an upwardly revised 5.51 million in December, according to data from the National Association of... Read more
Donald Trump was elected president on a get-tough platform related to the enforcement of existing immigration laws
Analysis: Bloomberg Claims That Trump’s Immigration Policy Will Sink Housing
Donald Trump was elected president on a get-tough platform related to the enforcement of existing immigration laws. The administration’s newly released policy to crackdown on illegal immigrants and speed the deportation process has, not... Read more
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced that they will now offer 80 percent loan-to-value (LTV) financing on small-balance commercial mortgages
Silver Hill Announces 80 Percent LTV for Small-Balance Commercial Mortgages
Silver Hill Funding, a division of Bayview Loan Servicing LLC, has announced that they will now offer 80 percent loan-to-value (LTV) financing on small-balance commercial mortgages from $250,000 to $2 million.   With this new program... Read more
First American Mortgage Solutions, a subsidiary of First American Financial Corporation, has introduced CleanFile Solutions to give mortgage lenders, servicers and investors complete confidence in the quality of their collateral files
First American Mortgage Solutions Launches CleanFile Solutions
First American Mortgage Solutions, a subsidiary of First American Financial Corporation, has introduced CleanFile Solutions to give mortgage lenders, servicers and investors complete confidence in the quality of their collateral files.... Read more
Summit Funding has announced that Ron Kuhn will join the Summit Funding team
Summit Funding Adds Senior LO Ron Kuhn
Summit Funding has announced that Ron Kuhn will join the Summit Funding team.   Ron’s team provides a full spectrum of loan origination services and is committed to providing innovative solutions and real estate financing strategies. As a... Read more
LRES Launches Lien Alert Service Geared Toward Servicers
LRES has announced that the company launched a complete lien alert solution to enable servicers to continuously stay informed with the latest updates on their loan inventory. LRES’ lien solution offers the choice between 10 lien activity... Read more
HomDNA has announced that its mobile technology offering is now integrated with the LoanSphere Expedite platform from Black Knight Financial Services (BKFS)
HomDNA Announces Integration With Black Knight’s LoanSphere Expedite Platform
HomDNA has announced that its mobile technology offering is now integrated with the LoanSphere Expedite platform from Black Knight Financial Services (BKFS). HomDNA, which delivers mobile technology and workflow solutions that span the... Read more
The level of credit defaults on first and second mortgages saw mild increases last month, according to the latest S&P/Experian Consumer Credit Default Indices
Credit Defaults Up Slightly on Mortgages
The level of credit defaults on first and second mortgages saw mild increases last month, according to the latest S&P/Experian Consumer Credit Default Indices.   First mortgage credit defaults saw a slight uptick from 0.71 percent in... Read more
Housing Market Potential Takes a Dip
Potential existing-home sales decreased to a 5.5 million seasonally adjusted, annualized rate (SAAR), according to new data from First American Financial Corporation. This represents a 1.9 percent decline compared with a year ago, a... Read more