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ICE Mortgage Technology originally planned to complete the Encompass SDK to API migration by Oct. 31; now users have an additional 14 months.

Whittemore and his team are working to help the company handle both growth and diverse loan types, including non-QM, RPLs and NPLs.

July's growth in products correspond with a noticeable rise in new applications for adjustable-rate mortgages as borrowers respond to recent rate movements.

New insurance written at the six private mortgage insurers increased by only 2% year-over-year, a sign of the sluggish home sales market at the low end.

As mortgage rates dip, more homeowners are turning to cash-out refis for quick access to cash, ICE says.

A government-sponsored enterprise and companies that sell them are making modern houses more affordable in line with larger public and private market trends.

Blend Labs had 23 new or expanded relationships in the fiscal period, double that of the first quarter, including 18 related to consumer banking or home equity.

From warehouse offerings from a subservicer to a development willing to take crypto for purchases, these firms are looking to fill holes in the market.

The company also added a new marketing executive to drive growth, with current expansion coming after it also secured an origination purchase deal last month.

The mortgage numbers are a welcome boost to a market that has struggled to overcome high costs and prolonged economic uncertainty.