loanDepot wins preliminary injunction against CrossCountry Mortgage

IRVINE, Calif., Dec. 21, 2022 /PRNewswire/ — In a significant legal victory for loanDepot (“LDI”) (NYSE: LDI), the United States District Court for the Northern District of Illinois (the “Court”) yesterday granted LDI a preliminary injunction against CrossCountry Mortgage, LLC and six former loanDepot employees now employed by CrossCountry (the “Defendants”). The Court found “there … Read more

Sun West Mortgage Sets Standard with 40 Minute Underwriting Times

BUENA PARK, Calif., Dec. 20, 2022 /PRNewswire/ — Today Sun West Mortgage Company Inc., backed with the technology platform of Celligence™, announced a new industry milestone by achieving a 40-minute underwriting turn time for 70% of their borrowers while maintaining their 1-hour commitment for 95% of their clients. Based on the commitment made by Sun West … Read more

CrossCountry Mortgage Partners with SimpleNexus to

LEHI, Utah, Dec. 14, 2022 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that CrossCountry Mortgage is implementing CompenSafe™ to manage incentive compensation for its loan originators. CrossCountry Mortgage is one of the … Read more

RBA: interest rate rise: Terrifying reality for mortgage holders

ANALYSISThe hits keep coming for Australian mortgage holders, with the Reserve Bank of Australia (RBA) on Tuesday hiking the official cash rate (OCR) another 0.25 per cent – the eighth consecutive monthly increase. The decision sent the OCR to 3.10 per cent, which is the highest level since November 2012. Once the increase is passed … Read more

Rising interest rates, lower refinance activity contribute to growing mortgage default risk in 2022 Q3

Total mortgage acquisition volume is down 62% year over year in 2022 Q3 SEATTLE, Dec. 2, 2022 /PRNewswire/ — Milliman, Inc., a premier global consulting and actuarial firm, today announced the third quarter (Q3) 2022 results of the Milliman Mortgage Default Index (MMDI), which shows the latest monthly estimate of the lifetime default risk of … Read more

Integral Ad Science Appoints Khurrum Malik as Chief Marketing Officer

Proven industry leader to drive marketing strategy and accelerate growth initiatives NEW YORK, Nov. 29, 2022 /PRNewswire/ — Integral Ad Science (Nasdaq: IAS) today announced the appointment of Khurrum Malik as Chief Marketing Officer (CMO) effective immediately. Malik will accelerate market growth initiatives for IAS and lead its global marketing strategy. Malik will be based in New … Read more

SK life science To Present Latest XCOPRI® (cenobamate tablets) CV Data at the American Epilepsy Society 2022 Annual Meeting

A leader in epilepsy research, SK life science will share ten poster presentations on its anti-seizure medication (ASM), XCOPRI, a treatment for partial-onset (focal) seizures in adults PARAMUS, N.J., Nov. 28, 2022 /PRNewswire/ — SK Life Science, Inc., a subsidiary of SK Biopharmaceuticals Co., Ltd., an innovative global pharmaceutical company focused on developing treatments for central … Read more

Science 37 and BEKHealth Collaborate to Expand Patient

RESEARCH TRIANGLE PARK, N.C. and STAMFORD, Conn., Nov. 22, 2022 (GLOBE NEWSWIRE) — Science 37 Holdings, Inc. (Nasdaq: SNCE), the industry-leading Metasite™, and BEKHealth, a leading clinical research platform, today announced a partnership that will enable Science 37 to access the EMR data, exclusively, across its network of more than 35 thousand community providers, covering … Read more

Prepayment Activity Hit Record Low in October as Rates Topped 7%; Mortgage Delinquencies Up 4.5% in First Signs of Hurricane Ian Impact

– Prepayments fell 16.5% to a single-month mortality (SMM) rate of 0.48%, well below the previous record of 0.55% and the lowest recorded since at least 2000 when Black Knight began reporting the metric – The national delinquency rate rose 4.5% in October to 2.91% – up 12 basis points since September – driven by … Read more

Science 37 and Linical Announce Partnership to Enable Fully

RESEARCH TRIANGLE PARK, N.C. and OSAKA, Japan, Nov. 17, 2022 (GLOBE NEWSWIRE) — Science 37 Holdings, Inc. (Nasdaq: SNCE), the industry-leading Metasite, and Linical Americas, a U.S. subsidiary of The Linical Group, a leading global contract research organization (CRO), today announced a partnership that will facilitate the deployment of decentralized clinical trial solutions—powered by Science … Read more