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Press Releases (202)

Ed McDonnell Named to DirecFunds Board of Directors

Ed McDonnell Named to DirecFunds Board of Directors

Tuesday, 04 October 2022
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CINCINNATI   September 23, 2022 — Digital payment solution provider DirecFunds has named real estate services veteran Ed McDonnell to its Board of Directors. DirecFunds is the developer of an electronic payment system designed to eliminate wire… Read more...
Homebuyer Affordability Improved for Third Straight Month in August

Homebuyer Affordability Improved for Third Straight Month in August

Tuesday, 04 October 2022
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WASHINGTON, D.C. (September 22, 2022) – Homebuyer affordability improved for the third straight month in August, with the national median payment applied for by applicants decreasing to $1,839 from $1,844 in July. This is according to the… Read more...
Economic Indicators Continue to Point to Likely Recession in 2023

Economic Indicators Continue to Point to Likely Recession in 2023

Tuesday, 04 October 2022
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Housing Expected to Cool Even Further as Mortgage Rates Move Higher WASHINGTON, DC – September 21, 2022 – Economic growth is projected to resume in the second half of 2022, but the combination of high inflation, monetary policy… Read more...
Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage Applications Increase in Latest MBA Weekly Survey

Tuesday, 04 October 2022
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WASHINGTON, D.C. (September 21, 2022) — Mortgage applications increased 3.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 16, 2022. Last week’s results… Read more...
Commercial/Multifamily Mortgage Debt Outstanding Increased by $99.5 Billion in Second-Quarter 2022

Commercial/Multifamily Mortgage Debt Outstanding Increased by $99.5 Billion in Second-Quarter 2022

Tuesday, 04 October 2022
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WASHINGTON, D.C. (September 20, 2022) — The level of commercial/multifamily mortgage debt outstanding increased by $99.5 billion (2.3 percent) in the second quarter of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt… Read more...
Paymints.io Integrates with First American Title’s PRISM® Platform for Secure Transaction Funding

Paymints.io Integrates with First American Title’s PRISM® Platform for Secure Transaction Funding

Tuesday, 04 October 2022
Press Releases
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Charlotte, N.C., September 20, 2022 – Paymints.io, a secure, digital, white-label SaaS platform that allows parties to collect earnest money as well as transfer and disburse funds for real estate transactions, has integrated with First American… Read more...
August Purchase Mortgage Applications for New Homes Decreased 10.1 Percent

August Purchase Mortgage Applications for New Homes Decreased 10.1 Percent

Tuesday, 04 October 2022
Press Releases
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WASHINGTON, D.C. (September 20, 2022) – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2022 shows mortgage applications for new home purchases decreased 10.1 percent compared to a year ago. Compared to… Read more...
MISMO Releases New Reference Model for Public Comment

MISMO Releases New Reference Model for Public Comment

Tuesday, 04 October 2022
Press Releases
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WASHINGTON, D.C. (September 19, 2022) — MISMO®, the real estate finance industry standards organization, announced today that it is seeking public comment on Version 3.6 of the MISMO Reference Model, which includes new data points and structures related… Read more...
Fannie Mae Names Anthony Moon Executive Vice President and Chief Risk Officer

Fannie Mae Names Anthony Moon Executive Vice President and Chief Risk Officer

Tuesday, 04 October 2022
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Moon brings nearly 30 years of risk management experience to role   WASHINGTON, DC – September 15, 2022 – Fannie Mae (FNMA/OTCQB) today announced it has appointed Anthony Moon as Executive Vice President and Chief… Read more...
Black Knight Originations Market Monitor: Lock Volume Drops Sharply on Rising Rates as August Production Hits Four-Year Low

Black Knight Originations Market Monitor: Lock Volume Drops Sharply on Rising Rates as August Production Hits Four-Year Low

Tuesday, 04 October 2022
Press Releases
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  JACKSONVILLE, Fla. – Sept. 12, 2022 – Today, Black Knight, Inc. (NYSE:BKI) announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through August month-end. Leveraging daily rate lock data from the Black Knight… Read more...

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