3+ day, 15+ hour ago   (932+ words) The annual large independent mortgage banker race to raise their internal conforming loan limit ahead of the formal announcement in November has begun. Rocket became the first of the group of five to announce this year's change, on Sept. 10. For…...

4+ day, 13+ hour ago   (505+ words) The valuation and mortgage solutions company bought CloseClear.ai, which matches loans against disaster areas at the ZIP and county level, with exact-coordinate precision when available, aligned to Fannie Mae and Freddie Mac guidelines. This allows CloseClear to find exposure…...

1+ week ago   (580+ words) Fannie Mae has updated its "highest and best use requirements" for the Uniform Appraisal Dataset 3.6 standard currently being implemented. These changes also involve reporting rental income via this standard. The switchover, which is being phased in, requires all appraisals submitted…...

1+ week, 6+ hour ago   (720+ words) To run its start-up mortgage wholesale production channel, Evergreen Moneysource turned to an executive who has a broad swath of experience in third-party originations, as well as including reverse mortgages and depositories. Bob Marseilles most recently was vice president, third…...

1+ week, 6+ day ago   (308+ words) Veterans United Home Loans elevated Jeremyah Grigery to chief marketing officer. In the role, Grigery will guide the evolution of Veterans United's marketing organization across both paid and organic channels, balancing performance-driven growth with long-term brand development. He joined the…...

2+ week, 3+ day ago   (1031+ words) While tech investment strategies are unique to every business and depend on a host of factors, including internal expertise, appetite for risk and experimentation and — maybe most importantly — budget, the ease of using AI means some companies are taking a…...

2+ week, 6+ day ago   (953+ words) As the US Treasury market experiences growing instability, a number of more astute independent mortgage bank executives have begun to ponder how to protect themselves and their businesses in a more volatile funding environment. Some have looked at acquiring a…...

2+ week, 6+ day ago   (559+ words) Two Harbors Investment says it will officially merge into CrossCountry Mortgage tomorrow, wrapping a merger saga almost two years in the making. The real estate investment trust said the deal is expected to close prior to market open tomorrow, following…...