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Mortgage credit availability increased in January: MBA

Housing Wire

The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced from ICE Mortgage Technology. over December’s figure, based on initial benchmarking of the index to 100 in 2012. and the Conforming MCAI rose by 0.2%

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MBA Report Signifies Tougher Lending Standards, Mortgage Credit Availability Decline

Appraisal Buzz

Mortgage Bankers Association (MBA) reports that mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI fell by 0.9% to 120 in May. Mortgage credit supply declined for the.

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People movers: Notarize, RE/MAX and Planet Home Lending

Housing Wire

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

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Teraverde CEO Jim Deitch on finding ways to monetize home equity

Housing Wire

I sat down with Deitch for a wide-ranging conversation on the ways lenders can claw back profitability through smart technology and products that meet the moment. Cost to originate But providing the right lending products is only one factor in succeeding in this market. “Lenders spend 66% on people and 6% on technology. .

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More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. Rob Peterson: Most segments of the economy have effectively adopted technology to reduce their costs. Louis computes a 34.7%

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ConsumerDirect Mortgage rebrands as Real Genius, introduces new tech platform

Housing Wire

Jamie Thornton, director of online mortgage lending at Real Genius, said in a statement that the company has “invested a significant amount of time and resources” into developing technology for customers. Since 2016, we’ve helped more than 51,000 families with their mortgage needs, lending more than $15 billion,” said Thornton.

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March Figures Show Mortgage Credit Availability Decrease of 0.7 Percent

Appraisal Buzz

Mortgage credit availability decreased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology. The index was benchmarked to 100 in March 2012. The MCAI fell by 0.7% The Conventional MCAI increased 0.3%, while.

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