Interthinx integrates PayScale income analytics

Aug 01, 2007

MBA enhances bilingual Web siteMortgagePress.comSpanish-language mortgage Web sites The Mortgage Bankers Association (MBA) has enhanced its bilingual consumer education Web site, www.homeloanlearningcenter.com, by adding a comprehensive consumer guide and mortgage calculator. "The Simple Facts" provides valuable information to help prospective homebuyers identify the pros and cons of each type of mortgage and choose the best product for their situation. "The Simple Calculator" is a tool that estimates and compares the present and future payment structures under different types of loans. The Mortgage Bankers Association, based in Washington, D.C., is a national trade association that represents the real estate finance industry. For more information, call (202) 557-2700 or visit www.mbaa.org.

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Aug 01, 2007

Courts

LoanSnap Officially Loses Connecticut License

The AI mortgage startup formerly faced a cease and desist and a consent order from the State of Connecticut.

LoanSnap, Inc., an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to a new Consent Order executed by the State's Banking Commissioner, Jorge Perez, on Oct. 2. The news follows LoanSnap's violation of a previous order, enacted in...

Analysis and Data

Mortgage Applications Fall After Rate-Jump

Refinance applications still 159% higher on an annual basis, reflecting last year's record lows

In the wake of a positive jobs report and subsequent rise in mortgage rates, more prospective borrowers held back this past week. Mortgage applications fell by 5.1% the week ending October 4, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applicati...