Mortage News

Sierra Pacific Mortgage has named Jay Promisco Senior Vice President of Retail Lending
Sierra Pacific Mortgage Names Jay Promisco SVP of Retail Lending
Sierra Pacific Mortgage has named Jay Promisco Senior Vice President of Retail Lending. Based out of the corporate office in Folsom, Calif., Promisco will oversee the 100-plus retail branch network, including more than 500 team members.... Read more
Mortgage Guaranty Insurance Corporation (MGIC) has made its mortgage insurance available through Mortgage Cadence's Enterprise Lending Center loan origination system (LOS)
MGIC’s MI Now Available Through Mortgage Cadence's LOS
Mortgage Guaranty Insurance Corporation (MGIC) has made its mortgage insurance available through Mortgage Cadence's Enterprise Lending Center loan origination system (LOS). The Enterprise Lending Center facilitates lending in all forward... Read more
Loan Vision President Martin Kerr
Loan Vision Hosts First Ever User Conference
Loan Vision recently hosted a successful first Annual User Conference, held in the firm’s hometown of Pittsburgh. The Conference has produced waves of positive feedback and has driven the team to begin plans to hold a second conference... Read more
Ruoff Home Mortgage has been named the new, exclusive title sponsor of the Noblesville, Ind. venue formerly known as the Klipsch Music Center, signing a multi-year agreement with Live Nation, as the 24,000-seat amphitheater will now be known exclusively a
Ruoff Home Mortgage Signs Naming Rights to Indiana Amphitheater
Ruoff Home Mortgage has been named the new, exclusive title sponsor of the Noblesville, Ind. venue formerly known as the Klipsch Music Center, signing a multi-year agreement with Live Nation, as the 24,000-seat amphitheater will now be... Read more
In observance of October as National Energy Awareness Month, WalletHub has released its list of 2017's Greenest Cities in America
The Greenest City in the Nation Is …
In observance of October as National Energy Awareness Month, WalletHub has released its list of 2017's Greenest Cities in America.   In an analysis of 100 cities that measured the “green” lifestyle via 22 indicators ranging from... Read more
Fewer people were seeking out mortgage applications
Mortgage Application Activity Slows Down
Fewer people were seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) that covered the week ending Oct. 6.   The Market Composite Index was down by 2.1 percent on a seasonally adjusted basis... Read more
The chasm between what appraisers calculate for property valuation and the homeowners’ belief on what the valuation should be is getting a little bit closer
Gap Between Homeowner and Appraiser Opinions Narrows
The chasm between what appraisers calculate for property valuation and the homeowners’ belief on what the valuation should be is getting a little bit closer, according to new data from Quicken Loans.   Last month, appraiser’s valuations... Read more
Draper and Kramer Mortgage has announced that Bob Rocklein, a 30-year veteran of the Massachusetts mortgage industry, has joined the firm as Senior Loan Officer, based out of DKMC’s Boston-area branch in Franklin, Mass.
LO Bob Rocklein Joins Draper and Kramer Mortgage
Draper and Kramer Mortgage has announced that Bob Rocklein, a 30-year veteran of the Massachusetts mortgage industry, has joined the firm as Senior Loan Officer, based out of DKMC’s Boston-area branch in Franklin, Mass.   “I’m excited to... Read more
Four years after Superstorm Sandy devastated the coastal properties in the Northeast
New York City Foreclosure Activity on the Rise
Foreclosures in New York City saw a 79 percent year-over-year increase in the third quarter, according to new data from PropertyShark, which also reported a 145 percent year-over-year spike in the Bronx, a 118 percent year-over-year surge... Read more
The Most Connected Mortgage Professionals of 2017
Michael Borodinsky Facebook: Facebook.com/MikeBorodinsky LinkedIn: LinkedIn.com/in/MichaelNewHomeMortgage Twitter: @MikeBorodinsky Web site: MichaelNewHomeMortgage.com A graduate of the University of Delaware and nationally-recognized 34-... Read more