Mortgage

February 13, 2025

January Mortgage Lock Data Shows Year-Over-Year Improvement in Refinance Volume Despite Higher Rates

PLANO, Texas — Optimal Blue today released its January 2025 Market Advantage mortgage data report, revealing a sharp rise in year-over-year (YoY) refinance activity alongside a drop in purchase lock counts. The decline in purchase lock counts marks the lowest January count since Optimal Blue began tracking this data in 2019. Meanwhile, refinance lock volume surged even though the Optimal Blue Mortgage Market Indices (OBMMI) 30-year ticked above 7% for the first time since May….

Read More…

February 11, 2025

Informative Research Integrates with Thomas & Company, Expanding Mortgage Verification Platform Connectivity

GARDEN GROVE, Calif. — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced its integration with Thomas & Company, a leading provider of value-added employer services and innovative solutions to support employee relations programs. The integration adds Thomas & Company’s Wage and Employment Verification service to Informative Research’s verification platform….

Read More…

February 10, 2025

Argyle launches fully embedded VOIE for mortgage lenders through nCino integration

NEW YORK CITY, N.Y. — Argyle, a service provider automating income and employment verifications for some of the largest mortgage lenders in the United States, today announced significant enhancements to its integration with nCino (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions….

Read More…

Mortgage industry webcast The Big Picture with Rich Swerbinsky and Rob Chrisman spotlights Rate’s Laura Schmidt as February 13 guest

CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Laura Schmidt, senior vice president of enterprise risk and internal audit at Rate, a leading residential mortgage lending company based in Chicago. With extensive experience in enterprise risk, internal audits and regulatory management, Schmidt offers valuable insights for lenders looking to mitigate risk and ensure compliance in today’s financial services landscape….

Read More…

February 6, 2025

Mortgage Lock Volume Stays Flat in Latest MCT February Indices

SAN DIEGO, Calif. — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 0.12% decrease in mortgage lock volume compared to the previous month. Industry professionals and market enthusiasts are encouraged to download the complete report for a deeper understanding of the latest market trends and dynamics….

Read More…

Fannie Mae Vice President Bill Cleary to Speak at ACES Quality Management Conference in May

DENVER, Colo. — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, has announced that Bill Cleary, vice president of Single-Family Credit Risk Loan Quality at Fannie Mae, will speak at the ACES ENGAGE conference at The Broadmoor Resort in Colorado Springs, Colo., May 18-20, 2025….

Read More…

Click n’ Close’s SmartBuy™ Shared Appreciation Mortgage Program expands to Freddie Mac 30-year conventional loans

ADDISON, Texas — Click n’ Close (CNC), a multi-state mortgage lender, today announced its SmartBuy™ Shared Appreciation Mortgage (SAM) program now features a 30-year, fixed-rate conventional option approved by Freddie Mac….

Read More…

February 4, 2025

Optimal Blue Introduces Seven Major Innovations at Its Inaugural User Summit in San Diego

SAN DIEGO, Calif. — Optimal Blue today unveiled a series of new products and features, alongside its major Ask Obi AI assistant announcement, at its Summit user conference in San Diego. These innovation announcements underscore the company’s commitment to delivering high-impact solutions, at no additional cost, that tackle real-world challenges and help lenders maximize profitability….

Read More…

Optimal Blue Announces Ask Obi, an AI Assistant to Provide Mortgage Lending Executives With Real-Time Business Insights

SAN DIEGO, Calif. — Optimal Blue today announced Ask Obi, an AI assistant designed to provide mortgage lending executives with instant, actionable insights from their Optimal Blue products and data. Unveiled during Optimal Blue’s inaugural Summit user conference in San Diego, Ask Obi gives lenders the power to view their operations holistically with data aggregation across Optimal Blue’s comprehensive capital markets platform….

Read More…

Mortgage industry webcast The Big Picture with Rich Swerbinsky and Rob Chrisman showcases Optimal Blue CEO Joe Tyrrell as February 6 guest

CLEVELAND, Ohio — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Joe Tyrrell, CEO of Optimal Blue, a leading provider of comprehensive capital markets solutions. With over 25 years of experience in mortgage, finance and technology, Tyrrell will share insights for lenders seeking to fine-tune profitability in secondary market transactions and enhance operational efficiency through technology….

Read More…