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MortgageOrb.com 10/29/2020 10:19
The U.S. homeownership rate in the third quarter dipped to 67.4%, down from 67.9% in the second quarter but up from 64.8% in the third quarter of 2019, according to the U.S. Census Bureau. Regionally, the homeownership rate was 71.2% in the Midwest; 70.8% in the South; 62% in the Northeast; and 62.1% in the […]. .
MortgageOrb.com 10/28/2020 16:21
Mortgage applications increased 1.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 23. The Market Composite Index, a measure of mortgage loan application volume, increased 1.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]. .
MortgageOrb.com 10/26/2020 22:17
BLOG VIEW: One of the most powerful ways a company can fuel its sales is to have its clients sell on its behalf. That doesn’t mean adding to the sales team or structuring incentives. Instead, the investment should come from the account management team and their internal partners, working seamlessly together to create an extraordinary […]. .
MortgageOrb.com 10/26/2020 19:31
First American Financial Corp. is acquiring mortgage subservicing company ServiceMac LLC. “The acquisition of ServiceMac reflects our steadfast commitment to support the mortgage industry and further expand our product innovation efforts,” says Dennis J. Gilmore, First American’s CEO. “We’re excited to soon welcome to First American the people of ServiceMac, a rapidly growing company recognized […]. .
MortgageOrb.com 10/23/2020 22:39
Mortgage application volume basically held steady, dipping 0.6% during the week ended October 16, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey. Applications for refinances increased 0.2% while applications for purchases decreased 2%. Year-over-year, applications for refinances were up 74% while applications for purchases were up 26%. On an unadjusted basis, total volume […]. .
MortgageOrb.com 10/23/2020 20:54
Stewart Appraisals Management Inc., a subsidiary of Stewart Information Services Corp., has acquired Pro-Teck Services, DBA Pro Teck Valuation Intelligence, for an undisclosed sum. The acquisition strengthens and expands Stewart’s scale in appraisal and valuation solutions, the company says in a release. Pro Teck is an industry leader in property valuation services. It has been […]. .
MortgageOrb.com 10/22/2020 20:58
LenderClose, a proprietary, technology-focused lending platform that injects speed and efficiency into the lending process, recently announced five new hires. Rebecca Blitstein has joined the company as software engineer. Blitstein s a recent graduate of Adams State University in Alamosa, Colo., She earned a bachelor’s degree in mathematics and computer science. While attending college, she […]. .

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