Mortage News

NAMB Announces United Wholesale Mortgage as Double Diamond Industry Partner
NAMB—The Association of Mortgage Professionals has announced that Troy, Mich.-based lender United Wholesale Mortgage (UWM) has become NAMB’s first Double Diamond Industry Partner under the association’s recently re-launched Industry... Read more
Loan Consultant AJ Befumo Joins Top Vine Mortgage
Top Vine Mortgage Services LLC has announced the addition of Loan Consultant Andrew (AJ) Befumo Jr. to their mortgage team. “A.J. comes to us with a solid reputation and over a decade of both mortgage wholesale and retail lending... Read more
The Consumer Financial Protection Bureau (CFPB) has announced a proposal to amend the 2015 updates to the Home Mortgage Disclosure Act (HMDA) Final Rule in regard to information that lenders are required to collect and report related to their home loan ac
CFPB Proposes HMDA Update
The Consumer Financial Protection Bureau (CFPB) has announced a proposal to amend the 2015 updates to the Home Mortgage Disclosure Act (HMDA) Final Rule in regard to information that lenders are required to collect and report related to... Read more
Inlanta Mortgage Inc. has promoted Kevin Laffey to the role of regional production manager
Inlanta Mortgage Promotes Kevin Laffey to Regional Production Manager
Inlanta Mortgage Inc. has promoted Kevin Laffey to the role of regional production manager.   Laffey is an experienced professional with more than 26 years in the mortgage business. Laffey has served as an Inlanta Mortgage branch manager... Read more
The Lenders One Cooperative has issued the results of the second annual Lenders One Mortgage Barometer
Lenders One Survey: Mortgage Purchase Production Expected to Rise
The Lenders One Cooperative has issued the results of the second annual Lenders One Mortgage Barometer, a survey of 200 mortgage lending professionals. According to the 2017 Lenders One Mortgage Barometer, a large majority of lenders (94... Read more
Hispanic Lifestyle has named New American Funding a company that provides Outstanding Opportunities for Women
New American Funding Honored by Hispanic Lifestyle
Hispanic Lifestyle has named New American Funding a company that provides Outstanding Opportunities for Women. Hispanic Lifestyle, an enterprise that promotes positive images of the Latino community, is honoring the mortgage lender with an... Read more
Foreclosure filings were reported on 234,508 U.S. properties in the first quarter of 2017
Foreclosure Filings at Pre-Recession Levels
Foreclosure filings were reported on 234,508 U.S. properties in the first quarter of 2017, down 11 percent from the previous quarter and down 19 percent from a year ago to the lowest level since the third quarter of 2006, according to new... Read more
2016 Was a Profitable Year for Mortgage Bankers
Last year was a profitable one for independent mortgage banks and mortgage subsidiaries of chartered banks. According to the Annual Mortgage Bankers Performance Report issued by the Mortgage Bankers Association (MBA), these institutions... Read more
Mortgage applications for new home purchases in March were up by 23 percent from February and increased 6.7 percent compared to March 2016
New Home Applications Soar as Mortgage Rates Plummet
Mortgage applications for new home purchases in March were up by 23 percent from February and increased 6.7 percent compared to March 2016, according to the latest Mortgage Bankers Association (MBA) Builder Application Survey.   The MBA... Read more
DITIO Inc. has announced the Appraisal Institute’s awarding of the prestigious MAI Membership Designation to Mark V. Smeltzer
Appraisal Institute Recognizes Two From DITIO
DITIO Inc. has announced the Appraisal Institute’s awarding of the prestigious MAI Membership Designation to Mark V. Smeltzer. Mark was also presented with the Appraisal Institute’s Residential Review Specialist Designation, which he had... Read more