Mortgage apps flat even as refis tick up

Date: 29 Jun 2022 / Posted By: admin

Mortgage apps flat even as refis tick up A drop in mortgage rates led refinancing applications to increase slightly last week, back to a 30% share of the total, according to the latest Mortgage Bankers Association (MBA) survey for the week ending June 24. Overall, mortgage apps increased 0.7

The obstacles to a digital mortgage are changing – Here’s what lenders need to know

Date: 28 Jun 2022 / Posted By: admin

The obstacles to a digital mortgage are changing – Here’s what lenders need to know There’s no question that a digital-first way of doing business is becoming the norm and the demand for digital in the mortgage industry is only growing. HousingWire recently spoke with Armando Falcon, CEO of F

As FGMC shuts down, lender partners question fate of loans in pipeline

Date: 28 Jun 2022 / Posted By: admin

As FGMC shuts down, lender partners question fate of loans in pipeline Tech-fueled mortgage lender UpEquity just wants answers.   Roughly a year ago, the Austin-based fintech began to sell its loans to First Guaranty Mortgage Corporation (FGMC), a lender and investor that specializes in non

Two more MSR deals valued in total at $2.5B hit the market 

Date: 28 Jun 2022 / Posted By: admin

Two more MSR deals valued in total at .5B hit the market  The Prestwick Mortgage Group, an Alexandria, Virginia-based advisory and brokerage firm, has unveiled an offering for a $1.6 billion package of Fannie Mae, Freddie Mac and Ginnie Mae mortgage-servicing rights (

Fix-and-flip lender Kiavi finalizes $218M private-label offering

Date: 28 Jun 2022 / Posted By: admin

Fix-and-flip lender Kiavi finalizes 8M private-label offering Kiavi, formerly LendingHome, recently closed a $218 million private-label securitization of unrated short-term mortgages — described as “residential transition loans” (RTLs) by the lender, which serves the fix-and-flip market.

Federal Title & Escrow recognized by WFG

Date: 28 Jun 2022 / Posted By: admin

Federal Title & Escrow recognized by WFG Federal Title & Escrow Co. recently accepted the Mid-Atlantic Region’s “3E Remitter Award” from WFG National Title Insurance Co. Source: thetitlereport.com

The Title Team acquires DCA Title

Date: 28 Jun 2022 / Posted By: admin

The Title Team acquires DCA Title The Title Team expanded its service area through the acquisition of Minnesota-based DCA Title. The DCA Title president and executive vice president will join The Title Team’s operations. Read on for more. Source: thetitlereport.com

OrangeGrid partners with Timios

Date: 28 Jun 2022 / Posted By: admin

OrangeGrid partners with Timios OrangeGrid entered a strategic partnership with Timios, making Timios the preferred provider of title, escrow, valuation and asset management services within OrangeGrid’s default management ecosystem. Read on for more. Source: thetitlereport.com

AM Best affirms credit ratings of Old Republic subsidiaries

Date: 28 Jun 2022 / Posted By: admin

AM Best affirms credit ratings of Old Republic subsidiaries AM Best affirmed the financial strength rating and the long-term issuer credit ratings of members of Old Republic insurance companies and the Old Republic Title Insurance Group. Read on for more. Source: thetitlereport.com

Bowe Digital boosts team

Date: 28 Jun 2022 / Posted By: admin

Bowe Digital boosts team Indiana-based Bowe Digital recently added two members to its team. The company hired a social media manager and content marketing manager. Read on for more about the new hires. Source: thetitlereport.com