Author: Michael Gersitz

Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA).  The mortgage composite index for the week ending Oct. 7 fell 2% from the prior week and 68.7% compared to the same period

Sacramento, California-based mortgage lender Summit Funding Inc. plans to make a round of layoffs in late November that will affect 72 employees, according to a document filed with the state’s Employment Development Department.  “With the demand for mortgage services falling to its lowest

It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. However, a double whammy of building economic headwinds and a proposed merger between ICE Mortgage Technology and Black

Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital, offered as an app or responsive web design, allows customers to easily access their loan-

There’s a showdown at the housing market corral between homebuyers and sellers. (Image by Brandon Johnson/HW Media.) When I came up with the “savagely unhealthy housing market” label in February of this year, it was based on the premise that

Moon Mortgage, a crypto-backed mortgage provider, on Tuesday announced raising a $3.5 million seed round, led primarily by Cadenza Ventures and CoinFund. The funds will be utilized to finance its lending product, CryptoMortgage. Moon Mortgage’s CryptoMortgages will allow investors to

AEGIS Land Title Group last week announced the acquisition of Capital Title of Washington, a boutique independent title and escrow provider operating in the greater Seattle area. Terms of the deal between AEGIS, which is owned and operated by Paul

Mortgage Coach, a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform. The integration streamlines the sales process by enabling loan officers

The first Walmart-based in-store branch from retail mortgage cooperative Lenders One opened this week in Newton, New Jersey. And two additional mortgage branches are expected to open in Walmarts in New Jersey and Florida within the next 30 days. Family

The mortgage industry needs to face the facts: today’s approach to lead generation is broken. For decades, mortgage lenders have relied on purchased lead lists to ferry in loan revenue. Unfortunately, purchased leads are expensive, and their lofty price tag