Mortgage rates ended last week at the lowest level since May 14th. Most of the recent drop happened last Wednesday, but each day since then has added a microscopic improvement. Today was no exception with the 30yr fixed rate index falling a mere 0.01%–the lowest increment we measure. The calendar of economic events was completely […]

Total direct operational costs in servicing, a subcomponent of total expenses, increased by a few dollars per loan compared to last year as mortgage companies contended with policy change. Processing Content Systems and customer service at $36 and $33 per loan, respectively, accounted for the two largest categories of direct expense, followed by executive management

Real estate brokerages that use Bright MLS will see their listings appear in Google search results starting Tuesday, the company announced earlier this month. Processing Content Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts. The move was made possible by Google’s