Mortgage
Fintech and mortgage innovation take center stage as Figure Lending CEO Mike Tannenbaum appears on The Big Picture webcast
CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Mike Tannenbaum, CEO of Figure Lending, the nation’s largest non-bank provider of home equity lines of credit. Tannenbaum will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore the evolving role of fintech in mortgage lending….
CapitalW Collective Collaborates with Citizens to Advance Women in Mortgage Capital Markets
SAN DIEGO, Calif. — CapitalW Collective, a leading non-profit dedicated to increasing the representation of women and their allies in mortgage capital markets, proudly announces Citizens as a Diamond-level corporate sponsor. This partnership reflects a shared commitment to fostering a more inclusive and dynamic mortgage capital markets industry by providing education, mentorship, and leadership opportunities, particularly for underrepresented professionals….
Dark Matter Technologies completes migration to AWS to enhance computing speed, performance and scalability
JACKSONVILLE, Fla. — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the successful completion of its IT infrastructure migration to Amazon Web Services (AWS). This strategic move enhances Dark Matter’s ability to deliver superior performance, scalability and reliability to mortgage industry clients…
Vice Capital Markets founder Chris Bennett will join The Big Picture webcast to recap the Federal Reserve’s latest policy decisions
CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Chris Bennett, founder and chairman of Vice Capital Markets. Bennett will join Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore key trends in capital markets, the impact of Federal Reserve policy on mortgage rates and the evolving strategies lenders are using to manage risk in today’s volatile market….
Collaboration Between MCT and Fannie Mae Improves Pricing for Mortgage Sellers on Select Loans
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced their integration with Fannie Mae’s new Loan Pricing API. By combining various price factors and utilizing a broader set of data found in bid tapes, the new API provides greater price transparency on certain loans. This is the latest in a series of recent collaborations between MCT and Fannie Mae intended to provide additional benefit and value to mortgage secondary market participants….
Vice Capital Markets Integrates with Fannie Mae’s New Loan Pricing API to Streamline Mortgage Loan Pricing and Commitment
NOVI, Mich. — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is the first to integrate Fannie Mae’s new Loan Pricing application programming interface (API) into its trading portal. The API consolidates multiple APIs into one, simplifying the loan pricing process and enhancing pricing and commitments….
MCT Reports 28% Increase in Mortgage Lock Volume Heading into Spring Season
SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced a 27.91% increase in mortgage lock volume compared to the previous month. Industry professionals and stakeholders are encouraged to download the full report for a detailed analysis….
40% Jump in Rate-and-Term Refis Drives Overall Lock Growth as Purchase Activity Stalls
PLANO, Texas — Optimal Blue today released its February 2025 Market Advantage mortgage data report, showing a 7% month-over-month increase in mortgage lock volume driven primarily by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% as homeowners seized the opportunity to lower their monthly payments. Cash-out refinances also edged higher, while purchase lock activity remained subdued for the second consecutive month….
The Mortgage Collaborative 3.16.25 Mortgage Tech Day Presents Five Startups to Compete in Dallas Pitch Event
DALLAS, Texas — The future of mortgage technology is set to take the spotlight in Dallas as The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, and the TMC Emerging Technology Fund LP present the seventh Mortgage Tech Day (MTD)….
Fifth Third’s Nikki Bialka to spotlight fair lending strategies and equitable homeownership on The Big Picture
CLEVELAND, Ohio — In recognition of Fair Lending Month and Women’s History Month, this week’s episode of top mortgage industry webcast The Big Picture will feature Nikki Bialka, vice president and national community lending strategy manager at Fifth Third Bank, in a discussion on bridging the homeownership gap for BIPOC and low-to-moderate-income (LMI) communities through equitable lending practices. Airing live Thursday at 3 pm ET, the episode will explore innovative mortgage programs, special-purpose credit programs (SPCPs), alternative credit models and strategies for embedding equity into lending practices beyond regulatory compliance….