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Millennials are plunging ahead into homeownership, despite the growing expense contributed by rising interest rates, according to new data from Ellie Mae
Millennials Nonplussed by Rising Interest Rates
Millennials are plunging ahead into homeownership, despite the growing expense contributed by rising interest rates, according to new data from Ellie Mae.   During September, 89 percent of Millennial loan volume was for home purchases,... Read more
Redfin and the fintech firm Notarize are partnering to allow homebuyers to close a property purchase entirely online
Redfin and Notarize Team for Online Homebuying
Redfin and the fintech firm Notarize are partnering to allow homebuyers to close a property purchase entirely online.   In this new partnership, customers of Title Forward, Redfin's title and settlement company, and Redfin Mortgage, the... Read more
Israeli-paid search startup Natural Intelligence has announced its expansion into the U.S. Natural Intelligence is already one of Google’s top advertisers
New Study Examines Online Mortgage Buyer Behavior
Israeli-paid search startup Natural Intelligence has announced its expansion into the U.S. Natural Intelligence is already one of Google’s top advertisers.   The headquarters is in Tel Aviv and the expansion is due to the high growth of... Read more
Mortgage purchase and refinance activity took a tumble while the gap between appraisers and homeowners on property valuations continued to close a gap
Mortgage Apps Down, Valuation Opinions Align
Mortgage purchase and refinance activity took a tumble while the gap between appraisers and homeowners on property valuations continued to close a gap.   Mortgage applications decreased 3.2 percent from one week earlier, according to data... Read more
Mortgage Equity Partners (MEP) staffers recently joined with industry colleagues from Rebuilding Together Boston and the Massachusetts Mortgage Bankers Association to rebuild the home of a 77-year-old widow of a disabled veteran in the Dorchester section
MEP Assists in Home Improvements for Disabled Widow of Veteran
Mortgage Equity Partners (MEP) staffers recently joined with industry colleagues from Rebuilding Together Boston and the Massachusetts Mortgage Bankers Association to rebuild the home of a 77-year-old widow of a disabled veteran in the... Read more
Mortgage Network Inc. has announced that Aaron Benton has joined the company's Hilton Head, S.C. branch as a Loan Officer
Mortgage Network Adds LO Aaron Benton in S.C.
Mortgage Network Inc. has announced that Aaron Benton has joined the company's Hilton Head, S.C. branch as a Loan Officer. In his new role, Benton will help area residents throughout the Low Country region fulfill their homebuying or... Read more
Class Appraisal has announced that Julie Jones, an industry veteran with more than 18 years of industry expertise, has joined the firm as Senior Vice President of Valuation Transformation and Engagement
Class Appraisal Names Julie Jones SVP of Valuation Transformation and Engagement
Class Appraisal has announced that Julie Jones, an industry veteran with more than 18 years of industry expertise, has joined the firm as Senior Vice President of Valuation Transformation and Engagement, reporting to the Chief Innovation... Read more
Equator, an Altisource business unit, has announced an agreement with Factom Inc. to integrate the Factom Harmony blockchain-as-a-service (BaaS) platform into the Equator PRO solution
Equator Partners With Factom on Servicing Blockchain Solution
Equator, an Altisource business unit, has announced an agreement with Factom Inc. to integrate the Factom Harmony blockchain-as-a-service (BaaS) platform into the Equator PRO solution. Equator PRO is a software-as-a-service (SaaS) solution... Read more
Radian Group Inc. has announced that its subsidiary, ValuAmerica, is being renamed Radian Settlement Services Inc.
ValuAmerica Rebranded as Radian Settlement Services
Radian Group Inc. has announced that its subsidiary, ValuAmerica, is being renamed Radian Settlement Services Inc.   The subsidiary offers settlement and appraisal products and services. The rebranding is part of the Philadelphia-based... Read more
Four percent of mortgages were in some stage of delinquency during August, according to new data from CoreLogic
Mortgage Delinquency Rate Remains at 12-Year Low
Four percent of mortgages were in some stage of delinquency during August, according to new data from CoreLogic. This represents a 0.6 percentage point decline from August 2017, when the rate was 4.6 percent.   The foreclosure inventory... Read more