Origination

Investments in proprietary front-end software to mark next phase of mortgage initiative.

After two strong months, applications to purchase newly constructed homes retrenched a bit as broader policy issues weighed on consumers, according to the Mortgage Bankers Association.

A new wave of mortgage production technologies empower lenders to create a more personalized approach to serving borrowers compared with the ubiquitous loan origination systems created over 10 years ago.

Savings related to artificial intelligence could add up to a couple million dollars within 12 months for lenders with sufficient scale, according to an independent researcher hired by Black Knight.

The Lake Tahoe real estate market slowed down in the first six months after a stormy winter in comparison to the same time last year, according to a Lake Tahoe real estate firm.

Hawaii island and Kauai housing markets in June exhibited mostly negative yet moderate changes in sales and prices, according to industry data.

Mortgage industry hiring and new job appointments for the week ending July 12.

The more than $44 billion in new Ginnie Mae mortgage-backed securities that came to market in June marked the strongest month for the government bond insurer in more than two years.

While mortgage rates remained unchanged this past week, further drops are possible as signs from the Federal Reserve point to a short-term rate cut at its next meeting.

Those looking to purchase a home for the first time would be wise to consider Grand Rapids, Mich.