Countrywide pledges support to Homeownership Preservation Foundation

Aug 07, 2007

New Jersey industry appointments update - 8/8/2007MortgagePress.comNew Jersey mortgage industry positions • IndyMac Bank's mortgage bank has hired as wholesale lending division business development managers Anthony C. Bisnath, Frank Napolitano and Geoffrey Tirabassi for the Marlton, N.J. region; and Marc Loreti for the New Jersey and New York regions.

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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...