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Nov 06, 2007

Intellidyn debuts FHA marketing modelsMortgagePress.comFHA mortgage marketing models Intellidyn Corporation has announced the release of three new Federal Housing Administration (FHA) marketing models, the FHA-Prospect Targeting Models. These models help originators identify and market to homeowners who are both credit-qualified and most likely to respond to FHA-specific offers. Based in Hingham, Mass., Intellidyn Corporation compiles transaction, credit, demographic and behavioral databases and is a provider of data management, analytic, list, database marketing and strategic services. For more information, call (866) 773-5756 or visit www.intellidyn.com.

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Nov 06, 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...