BasePoint launches new anti-fraud services

May 09, 2007

PCLender integrates eligibility/pricing engine with lending platformMortgagePress.comMortgage eligibility and pricing engines PCLender has integrated Optimal Blue's product eligibility and pricing engine technology with its end-to-end hosted enterprise lending platform. The Optimal Blue integration allows PCLender users to experience improved efficiency and accuracy, by eliminating the need for redundant keying of data. Optimal Blue's mortgage automation system delivers product and pricing capabilities coupled with comprehensive, accurate content, enabling PCLender users to source, manage, price and lock loans in real time. Honolulu-based PCLender is a technology-enabled provider of best practices guidance, services and solutions to the mortgage banking industry. For more information, call (877) 536-6886 or visit www.pclender.com. Optimal Blue is a Web-based provider of product eligibility and pricing engine technology based in Plano, Texas. For more information, call (877) 646-2583 or visit www.optimalblue.com.

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May 09, 2007

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...