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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 10/23/2020 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 […]. .
MortgageOrb.com 10/21/2020 18:04
The Consumer Financial Protection Bureau (CFPB) has issued a final rule to extend the government-sponsored enterprise (GSE) "patch" until the mandatory compliance date of a final rule amending the general qualified mortgage (QM) loan definition in Regulation Z. The GSE patch, which provides QM status to certain mortgage loans eligible for purchase or guarantee by [...]. .
MortgageOrb.com 10/21/2020 17:48
CoreLogic has launched Total Home ValueX, a new automated valuation model (AVM) designed to eliminate the need for multiple AVMs. The company says Total Home ValueX uses a single, uniform model methodology to render highly accurate valuations across all business use cases – without sacrificing hit rate – even on hard-to-value properties. The AVM provides […]. .
MortgageOrb.com 10/21/2020 17:40
Correspondent aggregator PennyMac Corp. has completed its integration of Ellie Mae’s Digital Lending Platform to support its seller community. The integration will enable PennyMac to consolidate its consumer direct, broker direct and correspondent businesses on a single platform. “Delivering innovation to benefit our customers through a truly unique experience is what makes Ellie Mae a […]. .
MortgageOrb.com 10/21/2020 12:02
Planet Home Lending LLC (PHL), a national mortgage lender and servicer, has expanded its footprint to include five new branches on the West Coast, in Los Angeles and Roseville, Calif.; Reno and Henderson, Nev.; and Tacoma, Wash. "Planet Home Lending continues to meet the demands of consumers by expanding our distributed retail network," says Michael [...]. .
MortgageOrb.com 10/20/2020 09:52
FirstClose Inc., a provider of lending solutions for banks, credit unions and lenders, has launched the FirstClose ONE Digital Lending Platform (DLP): a web-based home equity calculator and branded application management solution. The company says DLP expands its Equity IQ lead capture platform, which gives consumers instant access to their home equity position and PDF […]. .
MortgageOrb.com 10/19/2020 23:21
VRMTG ACQ, LLC, a minority and woman owned business, is the purchaser of a pool of 101 non-performing mortgage loans (NPLs) with unpaid principal balance of about $18.4 million recently auctioned by Freddie Mac. The sale, which is expected to be completed in December, is part of Freddie Mac’s Extended Timeline Pool Offering (EXPO). Freddie […]. .

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