Mortage News

Global DMS and OpenClose has announced that the two companies have completed a seamless, bi-directional interface between Global DMS’ eTrac Enterprise valuation management platform and OpenClose’s LenderAssist loan origination system (LOS)
Global DMS and OpenClose Integrate Platforms
Global DMS and OpenClose has announced that the two companies have completed a seamless, bi-directional interface between Global DMS’ eTrac Enterprise valuation management platform and OpenClose’s LenderAssist loan origination system (LOS... Read more
PRMI Opens Third Las Vegas Branch
Primary Residential Mortgage Inc. (PRMI) continues to grow its footprint in the state of Nevada with the opening of its third branch located in Las Vegas.   This new office welcomes a seasoned team of mortgage professionals lead by Branch... Read more
First Heritage Mortgage has introduced Mortgage +Plus
First Heritage Mortgage Protects Downpayments Via Mortgage +Plus
First Heritage Mortgage has introduced Mortgage +Plus, a mortgage product that protects a homebuyer’s downpayment, available immediately on all applicable First Heritage mortgages. Mortgage +Plus will include +Plus downpayment protection... Read more
Mortgage Rates Drop, Homeownership Desire Increases
Average mortgage rates took a slight dip in the latest Freddie Mac Primary Mortgage Market Survey (PMMS).   The 30-year fixed-rate mortgage (FRM) averaged 4.17 percent for the week ending Feb. 9, down from last week when it averaged 4.19... Read more
Real estate agents looking for the best market to make a living may want to pack their bags and head across the Pacific
The Best Market for Real Estate Agents Is …
Real estate agents looking for the best market to make a living may want to pack their bags and head across the Pacific. According to the 2017's Best Places to Be a Real Estate Agent report from WalletHub, Honolulu is best place for real... Read more
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater
Number of Seriously Underwater Homes Hits New Low
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater—where the combined loan amount secured by the property was at least 25 percent higher than... Read more
Ellie Mae has announced that John Abel has joined the company as senior vice president and chief information officer
Ellie Mae Adds John Abel as SVP/CIO
Ellie Mae has announced that John Abel has joined the company as senior vice president and chief information officer, responsible for all aspects of the company’s internal information technology and systems and will partner with business... Read more
This year got off on the right foot for the Southern Nevada housing market
Las Vegas Housing Market Hits January Jackpot
This year got off on the right foot for the Southern Nevada housing market, as the Greater Las Vegas Association of Realtors (GLVAR) reported a relatively rare January jump in home prices.   According to GLVAR, the median price of existing... Read more
Waterstone Mortgage Corporation has launched its new Waterstone Mobile app
Waterstone Mortgage Launches New Mobile App
Waterstone Mortgage Corporation has launched its new Waterstone Mobile app, a proprietary technology solution that connects loan originators with their clients and referral partners and allows potential homebuyers to pre-qualify for a... Read more
The groundhog may be forecasting six more weeks of winter, but that chilly prediction failed to freeze mortgage application activity
Mortgage Applications on the Upswing
The groundhog may be forecasting six more weeks of winter, but that chilly prediction failed to freeze mortgage application activity.   According to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending... Read more