Mortage News

EY has announced that Brian K. Fitzpatrick, president and CEO of LoanLogics
LoanLogics President and CEO Fitzpatrick Entrepreneur of the Year Award Finalist
EY has announced that Brian K. Fitzpatrick, president and CEO of LoanLogics, is a finalist for the Entrepreneur of the Year 2017 Award in the Greater Philadelphia Region. The awards program, which is celebrating its 31st year, recognizes... Read more
Mortgage Rates Take a Slight Drop
Mortgage rates were on the decline, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending May 18.   The 30-year fixed-rate mortgage (FRM) averaged 4.02 percent, down from last week when it averaged 4.05... Read more
D.C. Council Considers Tax Credits for CDFI Investments
In view of the evaporation of affordable homeownership options in the nation’s capital, the District of Columbia Council is considering a bill that would provide tax credits to individuals or companies that invest in community development... Read more
New Study Tracks the Hidden Costs in Home Selling
The notion of a home as a money pit was reaffirmed in a new analysis from Zillow and Thumbtack, which found homeowners spend $15,190 on average in extra or hidden costs associated with selling their property.   According to the companies,... Read more
The notion of a home as a money pit was reaffirmed in a new analysis from Zillow and Thumbtack
New Study Tracks the Hidden Costs in Home Selling
The notion of a home as a money pit was reaffirmed in a new analysis from Zillow and Thumbtack, which found homeowners spend $15,190 on average in extra or hidden costs associated with selling their property.   According to the companies,... Read more
Home loans for purchases continued to dominate the mortgage market in April, according to new data from Ellie Mae
Ellie Mae: Purchase Market Reigns Over Refinances
Home loans for purchases continued to dominate the mortgage market in April, according to new data from Ellie Mae.   In the latest Origination Insight Report issued by the Pleasanton, Calif.-based company, home loans for purchase... Read more
WFG National Title Insurance has added Susan Silverstein as senior vice president for its agency group
Susan Silverstein Named WFG National Title SVP, Agency Sales
WFG National Title Insurance has added Susan Silverstein as senior vice president for its agency group, where she will focus on the Florida region. In her new position, Silverstein will work to further grow WFG’s base of independent title... Read more
Franklin American Mortgage Company (FAMC) has announced that it has become a Double Diamond Industry Partner with NAMB—The Association of Mortgage Professionals
Franklin American Mortgage Named NAMB Double Diamond Industry Partner
Franklin American Mortgage Company (FAMC) has announced that it has become a Double Diamond Industry Partner with NAMB—The Association of Mortgage Professionals. This exclusive status is given to NAMB’s top contributors each year.   “NAMB... Read more
Senate Majority Leader Mitch McConnell (R-KY) appeared to dampen hopes for a Dodd-Frank Act overhaul, blaming a lack of bipartisan support for such an effort
McConnell: “I’m Not Optimistic” on Dodd-Frank Overhaul
Senate Majority Leader Mitch McConnell (R-KY) appeared to dampen hopes for a Dodd-Frank Act overhaul, blaming a lack of bipartisan support for such an effort.   “I’d love to do something about Dodd-Frank, particularly with regard to... Read more
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services
NAMB+ Names Sarma Mortgage Credit Services Its Newest Endorsed Provider
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services. “NAMB+ is pleased to have chosen a firm such... Read more