Paradatec Continues to Grow Despite Lower Market Volumes
Mortgage Ledger Staff2023-09-12T16:14:36-04:00Number of users of award-winning AI-Cloud mortgage document automation technology increases 36% year-over-year
Paradatec Inc., a market leader in AI-based document analysis technology for the lending and real estate industries, announced a 36% increase over the
Black Knight Originations Market Monitor: Mortgage Activity Falls as Rates Hit Two-Decade High Amid Seasonal Headwinds
Mortgage Ledger Staff2023-09-11T10:37:56-04:00Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Ledger Staff2023-08-30T12:59:50-04:00Guild Mortgage Acquires First Centennial Mortgage
Mortgage Ledger Staff2023-08-29T11:15:56-04:00SAN DIEGO–(BUSINESS WIRE)–Guild Mortgage (NYSE: GHLD), a growth-oriented mortgage lending company originating and servicing residential loans since 1960, has acquired First Centennial Mortgage, a privately held residential mortgage lender
Black Knight’s First Look at July Mortgage Performance Data: Foreclosure Inventory Hits Lowest Level in 15 Months, While Serious Delinquencies Continue to Decline
Mortgage Ledger Staff2023-08-23T13:06:15-04:00- While the national delinquency rate edged up 9 basis points in July to 3.21%, it was down 12 basis points year over year and remains within 12 basis points of March’s record low
- Meanwhile, serious delinquencies (90+ days
Share of Mortgage Loans in Forbearance Decreases to 0.39% in July
Mortgage Ledger Staff2023-08-22T13:06:52-04:00The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 5 basis points from 0.44% of servicers’ portfolio volume in the prior month to 0.39% as of July
AimLoan Completed Successful Implementation of MSP, Black Knight’s Loan Servicing System
Mortgage Ledger Staff2023-08-16T11:43:31-04:00System Will Support Growth and Deliver a Premier Customer Experience as AimLoan Begins Servicing its Portfolio
- AimLoan completed its implementation of the MSP servicing system and will use it to help them manage their mortgage portfolio in-house
Freddie Mac Reminds Homeowners Affected by Devastating Wildfires in Maui of Immediate Mortgage Relief Options
Mortgage Ledger Staff2023-08-15T17:32:49-04:00Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in Maui. Freddie Mac’s forbearance program provides homeowners immediate mortgage relief for up
Black Knight Originations Market Monitor: Mortgage Rate Lock Activity Falls as Rates Top 7% for First Time Since November 2022; Signs of Credit Tightening Persist
Mortgage Ledger Staff2023-08-14T16:00:29-04:00- According to the Optimal Blue Mortgage Market Indices, 30-year conforming rates crossed 7% for the first time since November 2022, before falling sharply and then rebounding to 6.88%
- Overall rate lock volumes were down 7%