The owner of Mortgage Electronic Registration Systems recently launched a product aimed to ease lenders’ adoption of electronic promissory notes, allowing for streamlined digital-mortgage originations. MERSCORP Holdings partnered with eOriginal, a digital-mortgage vendor, to offer eNote Solutions. The product allows for the creation, execution, registration and management of electronic promissory notes, known as eNotes. “This solution will enable thousands of originators to realize the ...

Bitcoin, the internet’s virtual currency, is slowly becoming an acceptable alternative method of payment for items, including real estate. Whether it will supplant the more traditional process of purchasing a home remains to be seen. Thomas Bayles, chief executive officer of Urban Asset Group, a house-flip firm in Los Angeles, last year facilitated a record-setting purchase of a mid-century house in Eagle Rock, CA, using bitcoins. The remodeled, five-bedroom residential property in ...

A ranking of primary mortgage insurance for purchase mortgages by state in the first quarter of 2018. Includes private mortgage insurance, FHA, VA and USDA Rural Housing.

The upside for private MIs is that their purchase business started off 2018 at a more robust level than last year…

On the plus side, Wedbush sees mortgage servicers and home builders benefitting…

The nonbank locked $2.3 billion of purchase mortgages in March, up 52.0 percent from the prior month.

So far, Bill Dallas has shunned all media requests for comment.

Chase was the top-ranked ARM producer in 2017…

Demand for agency product remains strong, but the investor base is beginning to shift somewhat, said MBS Highway Principal Barry Habib...

Consultant Rick Roque: “There are many ways to structure a ‘transition’ bonus, and most bonuses are only partially paid up front with the rest based on closings over a period of time.”