FDIC and NeighborWorks partner against foreclosures

Aug 07, 2007

Calyx Software enhances I-UpdateMortgagePress.comCalyx Point Calyx Software has released the latest version of its I-Update program, which updates the Calyx Network in Calyx Point versions 5.2 and higher. The update installs automatically and adds new vendors to the lenders, services and interfaces menus in Calyx Point. It also updates existing connections as needed. San Jose, Calif.-based Calyx Software is a developer of software designed for mortgage brokers and direct lenders. For more information, call (408) 997-5525 or visit www.calyxsoftware.com.

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Aug 07, 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...