Mortage News

The nationwide median one-bedroom rent price decreased between July and August, from $1,016 to $1,013, according to new data from ABODO
New Data Finds Rents Are Going Down
The nationwide median one-bedroom rent price decreased between July and August, from $1,016 to $1,013, according to new data from ABODO.   The greatest decline in rents occurred for the second consecutive month in Glendale, Ariz., which... Read more
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.49 percent in July
CMBS Delinquency Down in July
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.49 percent in July, a 26 basis points (bps) decline from the June level, according to new data from Trepp LLC. On a year-over-... Read more
LenderLive Network LLC a business unit of LenderLive Holdings Inc., has announced that Sherry Valladares has joined the firm as Correspondent Lending Regional Account Manager
LenderLive Launches Compliance Solutions Division
LenderLive Services LLC has announced that it will now provide expanded compliance services through a new line of business, LenderLive Compliance Solutions. The new entity will offer both bundled and a la carte services to banks, non-bank... Read more
Ellie Mae has announced that it has launched a new major release of Encompass
Ellie Mae Launches New Version of Encompass
Ellie Mae has announced that it has launched a new major release of Encompass. Encompass 17.3 includes additional updates for 2018 HMDA collection and reporting adding to the comprehensive functionality already released earlier this year,... Read more
loanDepot has announced details of its new standalone tech campus, the mello Innovation Lab
loanDepot to Establish mello Innovation Lab
loanDepot has announced details of its new standalone tech campus, the mello Innovation Lab. At this unique facility, the loanDepot tech team will continue to innovate and expand mello, the company's proprietary digital-lending technology... Read more
Waterstone Mortgage Corporation has announced that Kerry Wirth has been promoted to Chief Operating Officer
Waterstone Mortgage Adds Eric Putt as Producing Manager in Central Florida
Waterstone Mortgage Corporation has announced that Eric Putt has joined the company as a Producing Manager in the company's Orlando, Fla. office where he will be responsible for recruiting and training loan originators and helping... Read more
Commercial and multifamily mortgage originations during the second quarter experienced a 28 percent spike from the first quarter
Commercial and Multifamily Originations Record Q2 Upswing
Commercial and multifamily mortgage originations during the second quarter experienced a 28 percent spike from the first quarter and a 20 percent boost from one year earlier, according to new data from the Mortgage Bankers Association (MBA... Read more
The best place to flip a house is, to borrow a lyric from a classic Marty Robbins tune, down in the West Texas town of El Paso
The Best Place for House Flipping Is …
The best place to flip a house is, to borrow a lyric from a classic Marty Robbins tune, down in the West Texas town of El Paso.   In a new study released by WalletHub, El Paso was named the best market for house flipping. Sioux Falls, S.D... Read more
Home prices during June were up 1.1 percent from May and up 6.7 percent from June 2016, according to new data from CoreLogic
Yes, Home Prices Are Still Rising
Home prices during June were up 1.1 percent from May and up 6.7 percent from June 2016, according to new data from CoreLogic.   Washington and Utah saw double-digit year-over-year home price appreciation in June at 12.7 percent and 10.7... Read more
The Detroit Pistons of the National Basketball Association (NBA) and Flagstar Bank have announced a multi-year corporate partnership deal that brands Flagstar Bank as the franchise’s first-ever jersey partner
Flagstar Bank to Become Official Jersey Partner of the Detroit Pistons
The Detroit Pistons of the National Basketball Association (NBA) and Flagstar Bank have announced a multi-year corporate partnership deal that brands Flagstar Bank as the franchise’s first-ever jersey partner. The deal also designates... Read more