Monthly Archives: November 2014

Mortgage Applications Rise as Purchase Activity Soars

Written on November 19, 2014 at 4:54 pm

Mortgage application volume increased for the first time in a month last week driven by more purchase activity.  The Mortgage Bankers Association’s market composite index was up 4.9% for the period ending Nov. 14 . . . Read more (via National Mortgage News, 11/19/14 article by  Evan Nemeroff. Read More...

Tipping Point Coming for Electronic Closings

Written on November 5, 2014 at 2:26 pm

After more than a decade of hype and promise, fully electronic loan closings remain rare, even as the mortgage industry increasingly adopts digital workflow. But some industry observers believe a new regulatory pilot program may do what technology advances and e-commerce advocates could not: spark widespread adoption of e-closings. Read more >>>    Source:  National  Read More Read More...