Top Headlines
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Zillow Promotes SVP Jun Choo to Chief Operating Officer
Zillow announced the departures of Susan Daimler and Matt Daimler, president of Zillow and senior vice president of product, respectively. Continue Reading Zillow Promotes SVP Jun Choo to Chief Operating Officer
New Lending Platform Aims at Multifamily Property Owners
The target loan amounts for the new endeavor are expected to range between $15 million and $100 million. Continue Reading New Lending Platform Aims at Multifamily Property Owners
Michigan Real Estate Agent Sentenced in Child Predator Case
64-year-old John DeMarco received a sentence of 30 to 240 months. Continue Reading Michigan Real Estate Agent Sentenced in Child Predator Case
Leadership Change at Arch Capital Group
Nicolas Papadopoulo will succeed the retiring Marc Grandisson. Continue Reading Leadership Change at Arch Capital Group
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Multiply Mortgage Raises $23.5 Million in Series A Funding
Multiple Mortgage’s services are available in 45 states and the District of Columbia. Continue Reading Multiply Mortgage Raises $23.5 Million in Series A Funding
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities
5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Four real estate licensees and one mortgage broker recently entered into consent orders with disciplinary action. Continue Reading 5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker
Mortgage Applications for New Home Purchases Down in February
By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat
Evergreen Home Loans Expands into New Mexico
The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Foreclosure Activity Up During February
Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February














