Mortgage Industry News
Mortgage Application Fraud Risk Trended Higher in Q2
Cotality highlighted an increase in alerts related to borrowers purchasing a property in a state they have never lived in. Continue Reading Mortgage Application Fraud Risk Trended Higher in Q2
Linkhome Holdings Rebrands Mortgage One as Linkhome Lending
Linkhome Lending plans to broaden its commercial financing capabilities by supporting the financing needs of AI infrastructure projects, including data centers. Continue Reading Linkhome Holdings Rebrands Mortgage One as Linkhome Lending
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
The financial terms of the deal were not disclosed. Continue Reading Real Estate Investing Fintech New Silver Acquires Mayflower Venture Partners
New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
The companies will target high-impact servicing and lending functions where AI, automation, and tailored technology can improve execution, control, and scalability. Continue Reading New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Servicers
Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion
Multifamily mortgage debt alone increased $23 billion (1.0%) to $2.32 trillion. Continue Reading Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion
Mortgage Rates Trend Lower
The 30-year fixed-rate mortgage averaged 6.47% as of June 18, down from last week when it averaged 6.52%. Continue Reading Mortgage Rates Trend Lower
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications has a slight uptick to 17.5% from 17.4% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
Jeffrey Weidell Named 2027 Vice Chairman for the Mortgage Bankers Association
Weidell will be installed at MBA’s 113th Annual Convention and Expo in Chicago this October. Continue Reading Jeffrey Weidell Named 2027 Vice Chairman for the Mortgage Bankers Association
Buyers Paying More in Mortgage Interest Than Their Home Costs
Choosing a 15-year mortgage at today’s 5.87% rate would save $250,378 over a 30-year loan. Continue Reading Buyers Paying More in Mortgage Interest Than Their Home Costs
Mortgage Application Activity Up by Nearly 11%
The FHA share of total applications increased to 17.4% from 17.0% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 11%
Mortgage Credit Availability Improved Slightly in May
“Mortgage rates reached nine-month highs over the month, which put pressure on homebuyers and reduced the demand for refinancing,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved Slightly in May
John McNeill Joins MAXEX as CFO
He recently served as CFO of the fintech Spring Oaks Capital. Continue Reading John McNeill Joins MAXEX as CFO
M&A News Reconfigures Mortgage Banking Industry
The financial terms of the two transactions were not disclosed. Continue Reading M&A News Reconfigures Mortgage Banking Industry
