ICE’s Encompass down following CrowdStrike incident
Jul 20, 2024ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of...
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Most Recent Mortgage News
Mortgage
15 Jul to 19 Jul – Mortgage Strategy
Jul 19, 2024Mortgage Strategy’s Top 10 Stories for the Week: This week’s top stories highlight significant shifts in the mortgage landscape. From...
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Mortgage
Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal
Jul 18, 2024In case you missed it, the Federal Housing Finance Agency (FHFA) granted conditional approval to Freddie Mac to purchase single-family...
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Mortgage
Cornerstone Capital Bank enters commercial real estate market
Jul 17, 2024In its news release, Cornerstone said its entry into the commercial real estate market comes with no existing exposure to...
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Mortgage
Bank of America beats analysts’ expectations despite dip in profits
Jul 16, 2024During the second quarter, Bank of America recorded $6.9 billion in net income, down more than 6% from the same...
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Mortgage
Making smart use of AI – Mortgage Strategy
Jul 15, 2024Image by Jason Alden The idea of artificial intelligence (AI) has fascinated us for decades. The word ‘robot’ apparently originated...
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Mortgage
Beware of Inferior Mortgage Refinance Offers from Your Original Lender
Jul 14, 2024In case you haven’t heard, there’s talk of a “refinance boom” as soon as 2025. Yes, you read that right....
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Mortgage
What’s new with NAMB? | Mortgage Professional
Jul 13, 2024What’s new with NAMB? | Mortgage Professional MPA Talk Amid a busy year for the National Association...
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Mortgage
Citi’s revenues rise amid growth across all business lines
Jul 12, 2024This is a developing story. Please check back here for updates. Citigroup on Friday reported an uptick in revenues as...
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Mortgage
Alternative Bridging boosts broker support team – Mortgage Strategy
Jul 11, 2024Alternative Bridging Corporation has hired Sirui Liao as a case manager to strengthen the support on offer to brokers. Liao...
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