Mortgage News

ATLANTA, Ga., April 22, 2025 (SEND2PRESS NEWSWIRE) — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q1 2025 Homeownership Program Index (HPI) report. The report saw the number of entities offering homebuyer assistance programs increase by 55 year-over-year (YoY). The number of programs increased by 43 during the first quarter, bringing the total number of available programs to 2,509.

TROY, Mich., April 22, 2025 (SEND2PRESS NEWSWIRE) — Class Valuation, a leading real estate appraisal management company (AMC), announced today the expansion of its national sales team with the appointments of Jim Bannister and Scott Shaw as senior sales executives. Together, they bring over 45 years of combined experience in mortgage lending, financial services and technology to the company’s expanding leadership.

CLEVELAND, Ohio, April 21, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features iEmergent CEO Laird Nossuli and COO Bernard Nossuli. The husband-and-wife leadership team will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore the critical role of special purpose credit programs (SPCPs) in expanding credit access and building sustainable business growth.

SEATTLE, Wash., April 15, 2025 (SEND2PRESS NEWSWIRE) — Friday Harbor, an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, today announced the completion of a $6 million seed round. The round was led by Abstract Ventures, a San Francisco-based venture firm with $1.5 billion in assets under management and a track record of backing breakout companies including Rippling, xAI, Hebbia, Brigit and Hippo (NYSE: HIPO) and Mischief, an early-stage VC fund co-founded by Plaid CEO Zach Perret.

TROY, Mich., April 15, 2025 (SEND2PRESS NEWSWIRE) — Class Valuation, a leading real estate appraisal management company (AMC), announced today that Chris Flynn has joined its leadership team as chief data officer effective April 1. In his new role, Flynn will lead Class Valuation’s enterprise data strategy, overseeing the development of scalable analytics, AI capabilities and automation to improve valuation accuracy, speed and transparency.

BUFFALO, N.Y., April 15, 2025 (SEND2PRESS NEWSWIRE) — LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced Tidewater Mortgage Services (Tidewater), a retail mortgage lending company, has replaced its legacy point-of-sale (POS) technology with LiteSpeed, thus expanding its partnership with the company. In addition to Fee Chaser™, Tidewater will now use LiteSpeed as the point-of-sale to automate mortgage processes and provide borrowers with a digital-first experience.

CLEVELAND, Ohio, April 14, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Kelley Hailstone, president of Jet Home Loans. Hailstone will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to discuss how homebuilder-aligned lending models can help lenders scale smartly, differentiate in today’s market and better serve new homebuyers.

ADDISON, Texas, April 9, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close (CNC), a multi-state mortgage lender, announced today that Kim Schenck has joined its Correspondent Lending Sales team as Correspondent Manager. In her new role, Schenck will lead the expansion of the company’s proprietary down payment assistance (DPA) program, which plays a key role in helping more borrowers achieve homeownership.

TROY, Mich., April 8, 2025 (SEND2PRESS NEWSWIRE) — Class Valuation, a leading national real estate appraisal management company (AMC), today announced the strategic acquisition of Appraisal Nation, a Cary, North Carolina-based AMC specializing in comprehensive valuation solutions for the private lending market.

PLANO, Texas, April 8, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its March 2025 Market Advantage mortgage data report, showing a 24% surge in rate lock volume as early spring buyers returned to the market and homeowners jumped at the chance to refinance into lower rates. While still down 2% on a year-over-year (YoY) basis, purchase volumes were up 21% month-over-month (MoM). Rate-and-term and cash-out refinances jumped 52% and 20% MoM, respectively, together representing 25% of all lock activity.

CLEVELAND, Ohio, April 7, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 p.m. ET, this week features Jodi Hall, president and CEO of The Mortgage Collaborative (TMC). Hall will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter.

SAN DIEGO, Calif., April 4, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, proudly announces the addition of several new lender members and preferred partners to its growing community. These organizations join TMC’s network of industry leaders committed to collaboration, innovation, and operational excellence.

IRVINE, Calif., April 3, 2025 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced that Aaron Heidorn, director of software engineering and infrastructure, has been named a 2025 HousingWire Rising Star. The annual award recognizes young professionals who are driving innovation and growth in the housing economy and shaping the future of mortgage and real estate technology.

LAKE ZURICH, Ill., April 2, 2025 (SEND2PRESS NEWSWIRE) — Dovenmuehle Mortgage, Inc. (Dovenmuehle), a leading mortgage subservicing company, today announced that S&P Global Ratings has assigned the company an Above Average ranking as a residential mortgage loan subordinate lien servicer, in addition to reaffirming its Above Average ranking as a residential mortgage loan primary servicer with a stable outlook.

DES MOINES, Iowa, April 2, 2025 (SEND2PRESS NEWSWIRE) — iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced a provocative new webinar that dares to reframe the diversity conversation through a business lens. Amid growing pushback on diversity, equity and inclusion (DEI) initiatives, iEmergent is doubling down on the importance of inclusive lending to lenders’ long-term success. Titled “Not Sold on Diversity? Fine. Let’s Talk About Your Bottom Line,” the roundtable session will take place Wednesday, April 30, from 1 to 3 pm ET.

SALT LAKE CITY, Utah, April 2, 2025 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), the industry’s leading mortgage and real estate data solutions provider, announces major Q1 2025 platform enhancements alongside its strategic acquisition of borrower monitoring and predictive analytics leader, MonitorBase. These initiatives solidify MMI’s position as The Ultimate Lead-to-Loan Growth Platform(tm), providing mortgage professionals with unparalleled data intelligence, automation, and borrower engagement tools.

NEW YORK CITY, N.Y., April 2, 2025 (SEND2PRESS NEWSWIRE) — Argyle, a service provider automating income and employment verifications for some of the largest lenders in the United States, today announced that Daniel Esquibel, head of partner sales, has been named a 2025 HousingWire Rising Star. The award recognizes emerging real estate and mortgage industry leaders who are shaping the future through their contributions and leadership.

BOULDER, Colo., April 1, 2025 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced that Enterprise Account Executive/Sales Engineer Maggie Zielinski Swanson has been named to HousingWire’s prestigious Rising Stars list for 2025. Swanson, 29, joined Floify in 2021 as a skilled sales professional and has quickly become an indispensable force in the company’s collaborative culture and growth.

PLANO, Texas, April 1, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced that Senior Software Engineering Manager Shawn Chandwani, 34, has been named among HousingWire’s Rising Stars. The annual list celebrates young professionals who shoulder significant leadership responsibilities and contribute to the broader industry and business landscape, establishing themselves as influential figures and leaders for tomorrow.

ADDISON, Texas, April 1, 2025 (SEND2PRESS NEWSWIRE) — Click n’ Close (CNC), a multi-state mortgage lender, today announced that Project Manager Janet Pitney has been honored with a place among the 2025 HousingWire Rising Stars. The award honors young real estate and mortgage professionals making impressive career moves while driving growth for their companies and the industry. Pitney is recognized for her outstanding leadership and innovation in technology and operations.

DENVER, Colo., April 1, 2025 (SEND2PRESS NEWSWIRE) — ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the mortgage industry, today announced its Principal Application Architect Josh Reed has been honored among the 2025 HousingWire Rising Stars, which recognizes mortgage and real estate professionals under 40 who have made impactful career decisions driving growth in the industry and at their companies. Reed has been honored as a Rising Star for his outstanding contributions to innovation, efficiency, and compliance in the mortgage industry.

GARDEN GROVE, Calif., April 1, 2025 (SEND2PRESS NEWSWIRE) — Informative Research Data Solutions, a division of Informative Research and leading provider of data-powered borrower intelligence and analytics tools for the financial services industry, today announced its Data Solutions Team Lead Jooyoung Jung has been recognized as a 2025 HousingWire Rising Stars Honoree. The award highlights real estate and mortgage professionals under the age of 40 making impressive career moves while empowering growth and change among their peers.

GARDEN GROVE, Calif., April 1, 2025 (SEND2PRESS NEWSWIRE) — Informative Research, a premier technology provider delivering data-driven credit and verification solutions to the lending community, today announced that IT Development Manager Praneeth Reddy Saripalli has been honored as a recipient of the 2025 HousingWire Rising Stars Award. The award recognizes real estate and mortgage leaders 40 years old and under who drive growth and achieve remarkable career milestones. Saripalli’s leadership, technical vision and ability to align people, processes and technology have been instrumental in Informative Research’s continued growth and market leadership.

CLEVELAND, Ohio, March 31, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Sean Dugan, incoming CEO of Dark Matter Technologies. Dugan will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to discuss his leadership vision, Dark Matter’s newly announced servicing platform and strategies lenders can employ to stay competitive in a shifting mortgage landscape.

SAN DIEGO, Calif., March 27, 2025 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC) has once again demonstrated the power of its network by swiftly assisting lenders to resolve a critical VA lending issue that had stalled loan processing nationwide. Through rapid collaboration, direct engagement with the Department of Veterans Affairs (VA), and the persistence of key TMC members, impacted lenders regained their VA underwriting and insurance authority in just one week-ensuring veterans could move forward with their home purchases.

PLANO, Texas, March 27, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today announced a strategic alliance with Cotality™ (formerly CoreLogic®) that expands access to its mortgage origination and pricing data. Through this collaboration, Cotality will offer Optimal Blue’s data to a broader audience, including hedge funds, capital markets participants, and investment firms seeking insights into the mortgage markets.

CLEVELAND, Ohio, March 24, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Mike Tannenbaum, CEO of Figure Lending, the nation’s largest non-bank provider of home equity lines of credit. Tannenbaum will join co-hosts Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore the evolving role of fintech in mortgage lending.

SAN DIEGO, Calif., March 19, 2025 (SEND2PRESS NEWSWIRE) — CapitalW Collective, a leading non-profit dedicated to increasing the representation of women and their allies in mortgage capital markets, proudly announces Citizens as a Diamond-level corporate sponsor. This partnership reflects a shared commitment to fostering a more inclusive and dynamic mortgage capital markets industry by providing education, mentorship, and leadership opportunities, particularly for underrepresented professionals.

JACKSONVILLE, Fla., March 18, 2025 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced the successful completion of its IT infrastructure migration to Amazon Web Services (AWS). This strategic move enhances Dark Matter’s ability to deliver superior performance, scalability and reliability to mortgage industry clients

CLEVELAND, Ohio, March 17, 2025 (SEND2PRESS NEWSWIRE) — Top mortgage industry webcast The Big Picture, broadcast live every Thursday at 3 pm ET, this week features Chris Bennett, founder and chairman of Vice Capital Markets. Bennett will join Rich Swerbinsky, mortgage business consultant and executive coach, and Rob Chrisman, editor-in-chief of the widely followed Chrisman Commentary newsletter, to explore key trends in capital markets, the impact of Federal Reserve policy on mortgage rates and the evolving strategies lenders are using to manage risk in today’s volatile market.

SAN DIEGO, Calif., March 13, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced their integration with Fannie Mae’s new Loan Pricing API. By combining various price factors and utilizing a broader set of data found in bid tapes, the new API provides greater price transparency on certain loans. This is the latest in a series of recent collaborations between MCT and Fannie Mae intended to provide additional benefit and value to mortgage secondary market participants.

NOVI, Mich., March 13, 2025 (SEND2PRESS NEWSWIRE) — Vice Capital Markets, a leading mortgage hedge advisory firm for independent lenders, banks and credit unions, announced today it is the first to integrate Fannie Mae’s new Loan Pricing application programming interface (API) into its trading portal. The API consolidates multiple APIs into one, simplifying the loan pricing process and enhancing pricing and commitments.

SAN DIEGO, Calif., March 11, 2025 (SEND2PRESS NEWSWIRE) — Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, today announced a 27.91% increase in mortgage lock volume compared to the previous month. Industry professionals and stakeholders are encouraged to download the full report for a detailed analysis.

PLANO, Texas, March 11, 2025 (SEND2PRESS NEWSWIRE) — Optimal Blue today released its February 2025 Market Advantage mortgage data report, showing a 7% month-over-month increase in mortgage lock volume driven primarily by a surge in refinance activity. Rate-and-term refinances saw the biggest jump, rising nearly 40% as homeowners seized the opportunity to lower their monthly payments. Cash-out refinances also edged higher, while purchase lock activity remained subdued for the second consecutive month.

DALLAS, Texas, March 10, 2025 (SEND2PRESS NEWSWIRE) — The future of mortgage technology is set to take the spotlight in Dallas as The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry, and the TMC Emerging Technology Fund LP present the seventh Mortgage Tech Day (MTD). [UPDATED]

CLEVELAND, Ohio, March 10, 2025 (SEND2PRESS NEWSWIRE) — In recognition of Fair Lending Month and Women’s History Month, this week’s episode of top mortgage industry webcast The Big Picture will feature Nikki Bialka, vice president and national community lending strategy manager at Fifth Third Bank, in a discussion on bridging the homeownership gap for BIPOC and low-to-moderate-income (LMI) communities through equitable lending practices. Airing live Thursday at 3 pm ET, the episode will explore innovative mortgage programs, special-purpose credit programs (SPCPs), alternative credit models and strategies for embedding equity into lending practices beyond regulatory compliance.

BOULDER, Colo., March 6, 2025 (SEND2PRESS NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale (POS) solution, today announced the appointment of Sol Klein as head of client experience and business operations. Klein, a seasoned mortgage technology executive with extensive experience in customer success and implementation, will lead initiatives to help clients maximize the value of their investment in Floify’s platform.

JACKSONVILLE, Fla., March 6, 2025 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, today announced that three of its team members have been recognized by HousingWire, the Mortgage Bankers Association (MBA), and Women We Admire.

SALT LAKE CITY, Utah, March 5, 2025 (SEND2PRESS NEWSWIRE) — Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, is pleased to announce the promotion of Kortney Lane-Schafers to Vice President of Growth & Client Advocacy.

IRVINE, Calif., March 4, 2025 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage point-of-sale platforms, today announced Cloudvirga’s Horizon Retail POS integration using Encompass Partner Connect, the latest API framework for mortgage technology from Intercontinental Exchange (ICE). This modern framework enables industry participants to integrate to ICE solutions and provide their services to loan originators and servicers through secure API-enabled technology.