Author: Michael Gersitz

On Monday, Cloudvirga announced its integration with Citizens Bank’s wholesale channel, Franklin American Mortgage Company, to combine its digital mortgage processes with point of sale software and cloud-based technology. Franklin American Mortgage Company is the nation’s largest bank-owned wholesale lender.

In April, apartment retention broke records as renters had to stay put due to the pandemic. Come May, apartment operators across the country began to drop rent. Now, in the week ending June 20, executed rents – a real-time indicator

The forbearance share of mortgages backed by Fannie Mae and Freddie Mac dropped for the third straight week, while Ginnie Mae loans were unchanged, the Mortgage Bankers Association said in a report on Monday. Mortgages backed by the so-called government-sponsored

Lenders cited the health and safety of staff as the biggest challenge they are facing in the midst of COVID-19, according to a recent survey conducted by Fannie Mae. Clarity regarding updates to loan eligibility and navigating supply chain disruptions

The demand for homes continues to rise and with low inventory, home prices are responding to the pressure. Between the date in March that the World Health Organization declared a pandemic and the week ending May 31, Redfin found that

Modern lenders need reliable tools with robust analytics to assess and mitigate risk and enhance loan quality. In addition to traditional fraud risks, COVID-19 and its complications create new opportunities for “bad actors.” Employment and income verification and property valuation

As an innovator and entrepreneur, Alex Kutsishin consulted for one of the mortgage industry’s best marketing companies, which is where he got the idea for his new venture – Sales Boomerang, the first fully automated Borrower Intelligence software that tells

Think you know how your customers feel when they work with you? Well, Total Expert gives the inside scoop on how customer interactions are actually happening, as their secret shoppers share their takeaways after they went undercover to complete mortgage

JMAC Lending restarted its jumbo program on Monday, a week before the target date the company set in March when it suspended funding the bigger mortgages as the COVID-19 pandemic began hitting the U.S. economy. The revived jumbo program is

The economic effects of the COVID-19 pandemic continue to influence rent prices across the country. California is seeing rents decrease in several areas. According to RealPage, operators in Los Angeles cut rents by 3.3% in May 2020 compared to May

Sales of new houses jumped 16.6% in May as low mortgage rates and a shortage of inventory in the existing-home market enticed Americans released from stay-at-home orders to buy from builders. Purchases of new single-family houses rose to 676,000 at