Tag: Reports and Studies
Q2-2024 ACES Mortgage QC Trends Report Reveals Second Consecutive Increase in Critical Defect Rate
DENVER, Colo. /New York Netwire - National News/ -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the second quarter (Q2) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software. ACES has altered the timing of this report to better reflect Fannie Mae's accelerated timeline for post-closing quality control reviews.
Industrial Reports for Oct. 2024 Shows Steady Flow of New Manufacturing Facility Construction Projects with 170 New Projects in North America
JACKSONVILLE BEACH, Fla. /New York Netwire - National News/ -- Industrial SalesLeads has released its October 2024 report on planned capital project spending in the North American industrial sector, identifying 170 new projects, including new plant constructions. The report shows a minor 1% dip in industrial project activity from September and a 6% year-to-date decline compared to 2023.
MCT Announces 2.5% Increase in Mortgage Lock Volume Despite October 2024 Market Volatility
SAN DIEGO, Calif. /New York Netwire - National News/ -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, reported a 2.5% increase in mortgage lock volume compared to the previous month. Mortgage market professionals and industry enthusiasts are invited to download MCT's comprehensive report to gain deeper insights into the current market dynamics.
North American Food, Beverage Industry Sees Strong Capital Investment with 51 New Projects in Oct 2024
JACKSONVILLE BEACH, Fla. /New York Netwire - National News/ -- Industrial SalesLeads has released its October 2024 report detailing planned capital project spending in North America's Food and Beverage industry. Known for its in-depth tracking of industrial capital projects, Industrial SalesLeads monitors a wide range of developments, including facility expansions, new plant constructions, and major equipment modernization efforts across various sectors.
October Mortgage Lock Data Shows Cracks in the Mortgage Market as Interest Rates Tick up 65 Basis Points
PLANO, Texas /New York Netwire - National News/ -- Optimal Blue today released its October 2024 Market Advantage mortgage data report, highlighting resilient purchase activity in the face of rising interest rates and affordability challenges. Despite a 65-basis-point (bps) increase in the Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming rate, purchase lock volume grew by 12% month over month (MoM), signaling strong demand among homebuyers.
Strong Start to Q3 with 136 New Industrial Manufacturing Planned Industrial Project, says Industrial SalesLeads
JACKSONVILLE BEACH, Fla. /New York Netwire - National News/ -- Industrial SalesLeads released its October 2024 report on planned capital project spending in the Industrial Manufacturing sector. The firm monitors planned industrial capital projects across North America, including facility expansions, new plant construction, and major equipment modernization initiatives. The latest research identified 136 new projects, an increase from 128 in September.
Down Payment Resource finds 2,444 down payment assistance programs nationwide in its Q3 2024 data analysis
ATLANTA, Ga., Oct. 21, 2024 (SEND2PRESS NEWSWIRE) -- Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q3 2024 Homeownership Program Index (HPI) report. The Q3 report saw the number of national homebuyer assistance programs increase by 29 to 2,444.
LenderLogix Q3 2024 Homebuyer Intelligence Report Data: Homebuyers Hold Steady and ‘Wait for the Rate’
BUFFALO, N.Y., Oct. 17, 2024 (SEND2PRESS NEWSWIRE) -- LenderLogix, a leading provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, today announced the release of the Homebuyer Intelligence Report, a quarterly summary of insights into borrower behavior during the home-buying process based on data collected by the LenderLogix suite of tools. The latest report covers data collected during the pre-approval and borrower application process in the third quarter (Q3) of 2024.
Landmark Study Reveals $11.7 Billion Economic Impact of Sports in the Los Angeles Region, Revealing Significant Growth Post-Pandemic
LOS ANGELES, Calif., Oct. 17, 2024 (SEND2PRESS NEWSWIRE) -- The Los Angeles Sports Council, the region's premier sports trade association, and the Los Angeles County Economic Development Corporation (LAEDC) released the fourth annual economic impact of sports report today, cementing the region's stature as a hub of sports activity and commerce.
128 Promising Industrial Projects on the Horizon for September 2024
JACKSONVILLE BEACH, Fla., Oct. 15, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads released its latest MiR Report today, reporting the September 2024 results for the Industrial Manufacturing industry's planned capital project spending. This comprehensive overview report tracks North American industrial capital project activities, encompassing facility expansions, new plant constructions, and significant equipment modernization projects.
Rate-and-Term Refinance Locks Surge 700% Over Previous Year Following the FOMC’s September Interest Rate Reduction
PLANO, Texas, Oct. 8, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its September 2024 Market Advantage mortgage data report, which found a 50% month-over-month (MoM) increase in rate-and-term refinance activity as people who purchased homes in recent years jumped at the opportunity to lower their interest rates and mortgage payments. While the Federal Open Market Committee (FOMC) lowered its target federal funds rate by 50 bps on Sept. 18, the market had already priced in a portion of the rate reduction, leading to a full month of increased refinance activity in September.
MCT Reports 3% Increase in Mortgage Lock Volume, Refinance Activity Buoys Market
SAN DIEGO, Calif., Oct. 3, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.17% increase in mortgage lock volume compared to the previous month. The report highlights key market dynamics, offering industry professionals valuable insights. Industry professionals and enthusiasts are invited to download the complete report for comprehensive insights into the market dynamics.
iEmergent revises 2024-2026 U.S. Mortgage Origination Forecast downward
DES MOINES, Iowa, Sept. 25, 2024 (SEND2PRESS NEWSWIRE) -- iEmergent, a forecasting and advisory services firm for the financial services, mortgage and real estate industries, today announced downward revision of its 2024-2026 U.S. Mortgage Origination Forecast. Updated to reflect ongoing economic conditions, iEmergent now expects lower-than-anticipated growth for the next two years, particularly in the purchase mortgage market, while refinance volumes are projected to rise due to a gradual decline in mortgage interest rates.
ProPair’s Q2 2024 Impact Study Reveals Significant Gains in Sales Conversions with Predictive Lead Assignments
SAN CARLOS, Calif., Sept. 19, 2024 (SEND2PRESS NEWSWIRE) -- ProPair, the fastest way for marketing and sales leaders to implement predictive AI, has released its Q2 2024 Impact Study, showcasing a substantial 46% improvement in sales conversions using Predictive Lead Assignments compared to standard lead assignment methods. This breakthrough underscores the growing importance of data-driven decision-making in sales strategies.
Critical Defect Rate Rises to 1.58%, Per ACES Mortgage QC Industry Trends Report
DENVER, Colo., Sept. 19, 2024 (SEND2PRESS NEWSWIRE) -- ACES Quality Management® (ACES), the leading provider of enterprise quality management and control software for the financial services industry, announced the release of its quarterly ACES Mortgage QC Industry Trends Report covering the first quarter (Q1) of 2024. The latest report analyzes post-closing quality control data derived from ACES Quality Management & Control® software.
August 2024 Bounces Back with a 22% Increase in New Planned Capital Projects from Previous Month
JACKSONVILLE, Fla., Sept. 10, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the August 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 168 new projects as compared to 138 projects the previous month.
Rate-and-Term Refinances Surge 109% MoM in August as Mortgage Rates Decline
PLANO, Texas, Sept. 10, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its August 2024 Market Advantage mortgage data report, which reveals an overall 1% rise in rate lock volume despite the typical seasonal slowdown in purchase lending. Lock volume growth was driven by a surge in refinance activity as homeowners reacted to declining mortgage rates.
MCT Reports a 3% Increase in Mortgage Lock Volume Backed by Increasing Refinance Activity
SAN DIEGO, Calif., Sept. 4, 2024 (SEND2PRESS NEWSWIRE) -- Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, announced today a 3.33% increase in mortgage lock volume compared to the previous month. Despite a larger increase in rate/term volume, total mortgage volume remains relatively flat.
Summer Slowdown Hits in July 2024 with 138 New Industrial Manufacturing Planned Industrial Projects
JACKSONVILLE BEACH, Fla., Aug. 13, 2024 (SEND2PRESS NEWSWIRE) -- Industrial SalesLeads announced today the July 2024 results for the new planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction and significant equipment modernization projects. Research confirms 138 new projects as compared to 164 in June.
July Refinance Activity Hits Highest Levels Since September 2022
PLANO, Texas, Aug. 12, 2024 (SEND2PRESS NEWSWIRE) -- Optimal Blue today released its July 2024 Market Advantage mortgage data report, which revealed that mortgage refinance demand surged to levels not seen since September 2022 amid softening interest rates. The lower interest rates seen in July also coaxed increased purchase activity, which, combined with greater refi activity, drove a 3.5% month-over-month (MoM) increase in mortgage rate lock volumes.