Mortage News

Guild Mortgage has announced that it is ready to offer loans for Fannie Mae’s MH Advantage initiative, a new mortgage program for manufactured homes with comparable features to traditional single-family homes
 Guild Mortgage Experiences Record Q1
Guild Mortgage had its strongest first quarter in history, with loan volume of $3.49 billion for the period ended March 31, 2018, up 13.6 percent from $3.07 billion in the first quarter of 2017. Its servicing volume reached a record $40... Read more
United Fidelity Funding West (UFFWest) has added Victoria Dunn as National Wholesale Account Executive
 UFFWest Names Victoria Dunn National Wholesale AE
United Fidelity Funding West (UFFWest) has added Victoria Dunn as National Wholesale Account Executive.   “We are pleased to have been able to recruit someone with Victoria’s proven background of successful execution and solution-oriented... Read more
Movement Mortgage has launched a new mortgage product designed to help more U.S. military veterans purchase and renovate their homes
 Movement Mortgage Targets Veterans With New Renovation Loan Offering
Movement Mortgage has launched a new mortgage product designed to help more U.S. military veterans purchase and renovate their homes. The VA Renovation Loan, offered in partnership with the U.S. Department of Veterans Affairs, is designed... Read more
NewDay USA has appointed David Loeser Vice Chairman to the company's Board of Advisors and will be serving as Executive Vice President of Human Resources
 NewDay USA Appoints David Loeser as EVP of HR, Welcomes 160 Grads Into NewDay USA University
NewDay USA has appointed David Loeser Vice Chairman to the company's Board of Advisors and will be serving as Executive Vice President of Human Resources. A strategic management and human resources expert with more than 30 years of... Read more
A pair of newly-launched online sites are offering borrowers and real estate professionals expanded Internet information on locating property
 New Online Resources Aimed at Real Estate Listings
A pair of newly-launched online sites are offering borrowers and real estate professionals expanded Internet information on locating property.   The new HardMoneyHome.com bills itself as “the nation's largest directory of private real... Read more
Millennials might soon be known by a new name: Generation HGTV
 Survey Find Millennials Lead in Home Remodeling Efforts
Millennials might soon be known by a new name: Generation HGTV. According to a new survey by HomeAdvisor, this youthful demographic is more active in regard to home remodeling than any other generational group.   The new survey found that... Read more
The Securities and Exchange Commission (SEC) has reached a $15.7 million settlement with Merrill Lynch, Pierce, Fenner & Smith Inc.
 Merrill Lynch Settles RMBS Charges for $15.7M
The Securities and Exchange Commission (SEC) has reached a $15.7 million settlement with Merrill Lynch, Pierce, Fenner & Smith Inc. that resolves charges that the company misled customers into overpaying for Residential Mortgage-Backed... Read more
Mortech, a Zillow Group business, has announced the launch of Mortech Protection
 Mortech Launches Mortech Protection, Customer Retention Solution
Mortech, a Zillow Group business, has announced the launch of Mortech Protection, a customer retention solution that monitors and identifies addresses within a lender’s database that are at risk of attrition because the homes are currently... Read more
Equifax Inc. has introduced Analytic Dataset, a new analytic tool that provides borrower-level data in an anonymous and non-aggregated format
 Equifax Enhances Its Work Number Database With New Indicator
Equifax has announced that it is offering The Work Number Indicator, an instant alert of whether an employment and income record exists on The Work Number database.   The Work Number Indicator, delivered along with the credit report,... Read more
Sierra Pacific Mortgage Company has named John Goulding Divisional Sales Leader for the East Coast
 John Goulding Named Eastern Divisional Sales Leader for Sierra Pacific Mortgage
Sierra Pacific Mortgage Company has named John Goulding Divisional Sales Leader for the East Coast. Based out of South Carolina, Goulding will oversee the retail sales team for all of the East and Midwest markets.   With more than 34... Read more