Finance
LenderLogix Q4 2024 Homebuyer Intelligence Report Data Indicates Possible Improvement in Affordability
BUFFALO, N.Y. — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the fourth quarter (Q4) of 2024….
172 new homebuyer assistance programs and 75 new program providers emerged in 2024 to tackle homeownership affordability
ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q4 2024 Homeownership Program Index (HPI) report. The report saw the number of homebuyer assistance programs increase by 172 and the number of entities offering them increase by 75 year-over-year (YoY), bringing the total number of available programs to 2,466….
Mortgage industry webcast The Big Picture with Rich Swerbinsky and Rob Chrisman features ACUMA President Peter Benjamin as January 23 guest
CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Peter J. Benjamin, CMB, president of the American Credit Union Mortgage Association (ACUMA), an organization dedicated to advancing credit union mortgage lending….
Mortgage Capital Trading (MCT) Unveils MSRlive! 4.0 – Offering Ground-Breaking Enhancements to MSR Reporting and Transparency
SAN DIEGO, Calif. — Mortgage Capital Trading (MCT), the de facto leader in innovative mortgage capital markets technology, today announced the release of MSRlive! 4.0, a groundbreaking enhancement to its mortgage servicing rights (MSR) valuation platform. The latest version offers mortgage servicers an unprecedented level of transparency and business intelligence, equipping portfolio managers with powerful new tools to assess and optimize their…
MCT Reports 16% Decrease in Mortgage Lock Volume Amid Market Dynamics
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 16.7% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report to gain comprehensive insights into the evolving market dynamics….
Hopdox Enters into a Joint eRecording Services Agreement with Harris Recording Solutions to Bring Seamless eRecording to Counties Nationwide
ALPINE, Utah — Hopdox, the leading innovator in eRecording, is excited to announce that it has entered a joint eRecording services agreement with Harris Recording Solutions to integrate Hopdox’s cutting-edge eRecording platform with Harris Recording Solutions’ land record management systems. This collaboration marks a major milestone in delivering more efficient, modern recording capabilities to counties nationwide….
Hopdox Successfully Completes Inaugural eRecording in Clark County, Nevada
ALPINE, Utah — Hopdox, the leading innovator in eRecording, is thrilled to announce the successful completion of its first eRecording in Clark County, Nevada. This milestone marks the inauguration of Hopdox’s services, enabling seamless and efficient document recording for the nation’s title companies, banks, and attorneys….
ACES Increases Financial Services QC Audit Volume by 15% in 2024, Expands New Client Acquisition by 66%
DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has sought to support its customers through turbulent market conditions by providing critical technology innovations to its quality control audit suite….
December Mortgage Lock Data Reveals Year-Over-Year Increases Across All Loan Types Despite Seasonal Downturn
PLANO, Texas — Optimal Blue today released its December 2024 Market Advantage mortgage data report, showcasing year-over-year (YoY) growth in mortgage activity, even as seasonal trends led to a month-over-month (MoM) decline in rate lock volumes. Overall, December mortgage lock volume was up 26% YoY, driven by an 18% increase in purchase locks, a 43% rise in cash-out refinances, and an 82% jump in rate-and-term refinances….
ProNotary Invites Businesses to Partner for Wildfire Disaster Relief with Remote Online Notarization Solutions
DALLAS, Texas — In the wake of devastating wildfires, ProNotary, a leading remote online notarization (RON) software provider, is stepping up to empower businesses with the tools needed to integrate RON into their operations. By partnering with ProNotary, organizations can help communities impacted by these natural disasters access essential services like notarizing insurance claims, property agreements, and legal documents – all from a secure, remote platform….