Fair Isaac and PRBC enhance credit risk tools

Nov 20, 2007

National industry appointments update - 11/21/2007MortgagePress.comNational mortgage industry positions • Radian Guaranty has appointed David M. Applegate president and Paul F. Bognanno vice chairman. • Buckley Kolar LLP has hired Robert Lotstein and Grant E. Mitchell as senior counsels and Erika Jackson as director of special projects. • The National Association of Realtors has named Lawrence Yun chief economist and senior vice president of research.

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National Mortgage Professional

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Nov 20, 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...