Quicken Loans Becoming Rocket Mortgage This Summer
Mortgage lender Quicken Loans says it will officially change its name to Rocket Mortgage on July 31. The company says the change “will bring alignment to the overall…
Author: mortgage-orb
Ginnie Mae Breaks Record with April MBS Issuance Volume
Ginnie Mae says its mortgage-backed securities (MBS) issuance volume was a record $89.7 billion in April, up from $82.25 billion in March. Approximately 332,300 homes…
Black Knight Enhances MSR Platform to Offer Tailored Analytical Insight
Black Knight Inc. has expanded its mortgage servicing rights (MSR) valuation solution to provide more detailed visibility into the value and performance of servicing assets and…
Early-Stage Delinquencies Continue to Improve, But Serious Delinquencies Remain a Concern
Although the overall mortgage delinquency rate remains up from a year ago, due to the economic impact of the pandemic, it continues to improve on…
Redfin: Expect 17 Percent Year-Over-Year Increase in Home Sales
According to a new report from Redfin, $2.53 trillion in home sales will close in the U.S. by the end of the year, marking a 17%…
MBA: Modest Improvement in Mortgage Credit Availability Last Month
Mortgage credit availability increased in April according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data…
Fannie Mae Completes Reperforming Loan Sale Transaction
Fannie Mae recently wrapped up its most recent reperforming loan sale transaction, which included the sale of approximately 24,600 loans totaling $4.25 billion in unpaid principal balance…
NewRez Appoints Industry Veteran As Chief Risk Officer
Mortgage lending and servicing company NewRez LLC says Rajinder Singh has joined its executive team as chief risk officer, tasked with overseeing all aspects of…