Get ready for Gathering of Eagles 2023

Get ready for Gathering of Eagles 2023. It is a new year filled with new opportunities and that is why the theme of this year’s conference is ‘Forging Opportunities.’  You and your teams have worked tirelessly through 2022 and into the new year. Even in a down market, you are

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New Black Knight portal offers access to APIs across the mortgage cycle

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Dubbed the Developer Portal, clients can use Black Knight’s APIs to rapidly embed additional functionality within their applications, the company said in

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Housing inventory up nearly 55% in December

The housing inventory shortage dominated much of the conversation surrounding the housing market in 2022, but thanks to softening homebuyer demand, the number of active listings finished the year up 54.7% compared to the year prior, according to Realtor.com’s December Housing Report. Despite this sizable yearly increase, active housing inventory

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For title agents, it’s still all about data

Those who aren’t really familiar with the settlement services industry tend to think of a title agency as, more or less, the business that makes the closing happen and delivers a title insurance policy. But those who live and breathe title know there’s something even more fundamental with which they

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Justin Messer promoted to CEO of Prosperity Home Mortgage

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage, a subsidiary of HomeServices of America, promoted Justin Messer to president and CEO on January 1, 2023. Messer succeeds Tim Wilson, who has been in the position since 2014. Messer, who was the Prosperity COO for more than three years, will be responsible

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UWM takes another big step to reduce prices

Michigan-based United Wholesale Mortgage (UWM) is taking another step to aggressively reduce its prices in order to gain market share in a shrinking mortgage market.  The company announced on Wednesday that it is giving up to 125 basis points to brokers to use on any loans they lock with the lender, with

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Newly launched Defy Mortgage targets non-QM lending market

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. The company takes a “holistic approach” to evaluating a homebuyer’s entire asset portfolio, including cryptocurrency and bitcoin, Defy Mortgage said

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