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Nationwide mortgage lender New American Funding’s Co-Founder and President Patty Arvielo has been re-appointed to serve on the U.S. Department of Housing & Urban Development's Housing Counseling Federal Advisory Committee.

The Mortgage Bankers Association's latest Weekly Mortgage Application Survey reported a slight increase in mortgage applications for the week ending Oct. 8, 2021.

Michael Moshay will help increase data sufficiency, efficiency and alignment for an automated future

Homebridge Financial Services, Inc.'s chief diversity and inclusion officer, Brian White, was asked to joine the Mortgage Bankers Association's Diversity, Equity and Inclusion Advisory Committee.

Guaranteed Rate hired Arlyn J. Kalinski to serve as compliance director, Limited English Proficiency (“LEP”) Program.

In the first half of 2021, the national average closing costs for single-family homes were $6,837 including taxes, and $3,836 excluding taxes.

The sale, announced Sept. 9, 2021, included approximately 11,100 loans totaling $1.68 billion in unpaid principal balance, divided into four pools. 

Origin Investments, a private real estate manager, launched a $350-million Multifamily Credit Fund designed to give qualified purchasers a passive income stream substantially higher than most other fixed-income investments.

4.2% of all mortgages were in some stage of delinquency in July.

HTL now has approximately 100 branches and operates in 40 states.