Rate-And-Term Refinance Locks Surge 700% Over Previous Year
Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
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Assurance Financial Taps New Chief Lending Officer
Jim Clapp takes on the role
Rocket Companies Names Papanii Okai EVP Of Product Engineering
Okai was Venmo's Chief Technology Officer and a former PayPal technology executive
Aidium Appoints Tony Farnsworth To Lead Sales
Tony Farnsworth takes on the role of Vice President of Sales
The Agency, Barrett Financial Group Launch Joint Venture
Aclara Lending will offer its luxury clients a diverse selection of loan products, sourced from 140 different wholesalers.
ICE Mortgage Monitor Observes Ballooning Mortgage Payments
The average monthly payment among active mortgages hit a record $2,070 in August, up $140 from last year
Less DIY, More ‘Done For You’
With too many steps in too little time, aspiring mortgage brokers can streamline a broker shop setup that’s turnkey, reliable, and ready
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Pennymac Shakes Up Capital Markets Team
William Chang, Pennymac’s long-time capital markets leader, to "pursue other interests in the mortgage banking industry."
September Saw Flat Pending Home Sale Activity, Easing Mortgage Lock-In Effect
Both Redfin and Realtor.com's September 2024 reports highlight the impact of falling mortgage rates on buyer demand and seller activity
Mortgage Applications Break Away From Upward Trajectory
After weeks of increases, applications decreased 1.3% from a week earlier.