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Mortgage Purchase Lock Counts See First YoY Gain Since Fed Rate Hikes Began Two Years Ago May 13, 2024 06:00AM

Optimal Blue Issues April 2024 Originations Market Monitor

PLANO, Texas, May 13, 2024 (SEND2PRESS NEWSWIRE)  Optimal Blue today released its April 2024 Originations Market Monitor report, which reveals the first year-over-year increase in purchase mortgage lock counts since the Federal Reserve initiated rate hikes in March 2022.

Purchase lock counts are a key market indicator as they control for changes in home prices and more volatile refi activity, so the... (continue reading...)


Down Payment Resource integration with ICE Mortgage Technology embeds down payment assistance program support into core mortgage origination software May 13, 2024 06:00AM

Integration helps lenders make affordable home financing opportunities more accessible while growing business and forging referral partnerships

ATLANTA, Ga., May 13, 2024 (SEND2PRESS NEWSWIRE)  Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via... (continue reading...)


Federal and State funding award kicks off new growth in Minnesota’s semiconductor industry May 13, 2024 06:05AM

BLOOMINGTON, Minn., May 13, 2024 (GLOBE NEWSWIRE) -- U.S. Senators Amy Klobuchar and Tina Smith, along with Governor Tim Walz and other officials, today announced that Polar Semiconductor will invest $525 million to expand its Bloomington manufacturing facility, leveraging $120 million in direct funding as part of the U.S. CHIPS and Science Act and a $75 million investment from the State of Minnesota.

A Biden administration priority, the bipartisan 2022 CHIPS Act... (continue reading...)


Lulus Teams With Levi’s® to Bring Even More Iconic Styles to Shoppers Everywhere in Lulus Loves: Levi’s® Capsule May 13, 2024 06:05AM

Teaming up with the iconic denim leader, the all-new Lulus Loves: Levi’s® features a number of styles including trucker jackets, jeans, cutoff shorts, jumpsuits, and more available at Lulus.com and in-store on Melrose Avenue in Los Angeles.

LOS ANGELES--(BUSINESS WIRE)-- Lulu's Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced it has entered into an extended partnership with... (continue reading...)


Maryland Formally Welcomes Data Centers to the State, Clarifying the Use of Emergency Backup Power Generation May 13, 2024 06:05AM

Governor Moore signed the Critical Infrastructure Streamlining Act of 2024, which defines and creates a legislative framework enabling automatic approvals of emergency backup power generation

FREDERICK, Md.--(BUSINESS WIRE)-- Quantum Loophole, Inc., the developer of the first multi-gigawatt scale master-planned data center community, is excited to share that Maryland passed the Critical Infrastructure Streamlining Act of 2024 (CISA), which clarifies the... (continue reading...)


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