Origination

The Mortgage Technology Awards recognize innovative technology developers and users that are promoting more efficient and cost-effective lending practices. The awards are among the most coveted in the industry.

A rally in the mortgage-bond market may send home-loan rates to the lowest in almost a year, bolstering a slowing real estate recovery.

Buyers still exist for mortgage platforms. The problem is that the gap in pricing expectations for buyers and sellers has widened since refinance activity stalled last summer.

Productivity is reduced when loan officers, processors and underwriters ask borrowers for the same data.

As the market slows for post-downturn, private-label, residential mortgage-backed securities—known as RMBS 2.0—an industry group thinks it's time to start preparing for version 3.0.

Confidence among homebuilders dropped in May to the lowest level in a year, showing the residential real estate market may be slow to recover after an unusually harsh winter.

Some words of advice to pass on to your referral sources and clients about the post-underwriting checks now in place.

So, every week I write a column in this space, and often I get some interesting feedback.

Homeowners who took advantage of the refinancing boom aren't buying new houses, because it would mean taking on higher-rate loans. That's a problem for banks already reporting huge declines in mortgage revenue.

Mortgage applications increased during the week ending May 9, driven by a jump in requests for refinancings, according to the Mortgage Bankers Association.