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Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates reaching new 2015 highs heading into the Fourth of July weekend and ahead of the June jobs report. This week, the 30-year fixed-rate mortgage (FRM) averaged 4.08 percent with an average 0.6 point for the week ending July 2, 2015, up from last week when it averaged 4.02 percent. A year ago at this time, the 30-year FRM averaged 4.12 percent.
LoanLogics has acquired certain assets of RexHub Corporation, a premier provider of SaaS solutions designed for real estate appraisal management.
GSF Mortgage has named Jessica Bassan as a mortgage loan originator in Centennial, Colo. She joins TeamGO with three years of mortgage industry experience.
Credit Plus Inc. has announced that it has enhanced both its ScoreWizard and Lending Hand programs, giving loan officers the ability to simulate the removal of an account in dispute to better measure the possible impact on a borrower’s credit score.
Stonegate Mortgage Corporation has announced the expansion of its Stonegate Direct operations in its Scott
RealtyTrac has released its May 2015 U.S.
HarborOne Bank has completed its acquisition of Merrimack Mortgage Company Inc. of Manchester, N.H.—a privately-held home
U.S. Representatives Dennis Ross (R-FL) and Patrick E. Murphy (D-FL) have jointly introduced bi-partisan legislation that would give states the ability to regulate and license flood insurance policies.
Mortgage applications decreased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 26, 2015. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.7 percent on a seasonally adjusted basis f

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