Data and information management

The default rate on first mortgage loans improved seven basis points between February and March, with second mortgages improving by two basis points.

Kroll Factual Data said it saw a 1.6% average decrease nationwide regarding possible fraud in applications it processed in 4Q12 when compared with 3Q12.

Mortgage banking revenue fell 16% in the first quarter at U.S. Bancorp, compared to the prior quarter.

The Redfin Real-Time Home Price Tracker shows that prices increased 15% on a year-over-year basis in March in the 19 markets that it tracks.

Median closing costs went up 0.4% between December 2012 and March of this year.

With the average time for lenders to repossess a housing unit up to a record 477 days nationwide, the fewest properties were foreclosed upon during the first quarter of 2013 in nearly six years.

Today’s homebuyers are spending a higher percentage of their income on a property than they did during the pre-boom period.

Applications for conventional purchase mortgages reached their highest point since October 2009.

According to the Lender Processing Services Mortgage Monitor report, approximately 500,000 loans cured in February alone.

For the eighth straight quarter, overall median sales price in Miami-Dade County has gone up year-over-year.

While the number of individuals looking to become appraisers is falling, an uptick is taking place for those currently working in the industry gaining certification.

redit unions need to capture as many purchase mortgages as possible because the long-running refinance boom is winding down.

While Friday’s jobs report was bad and the 10-year Treasury fell to 1.69%, a spike in refinancings may be short lived, according to a Mortgage Bankers Association economist.

The number of Redfin customers making tours of homes for sale increased 9% in March over February, versus a 4% increase for the same period in 2012.

Hiring by residential builders started to pick up last fall and in November exceeded 10,000 for the first time in years.

Mortgage companies added 700 full-time employees to their payrolls in February after cutting 3,000 positions in January.

All of the stocks in the Mortgage Industry Equity Composite, except for OceanFirst Financial and MGIC Investment Corp., finished Thursday’s trading ahead of their previous close.

As investors continue their interest in buying single-family housing units as rentals, it may not always make sense to acquire housing units in certain markets.

Real estate agents in some markets say sales are surging, with many houses attracting multiple offers.

JPMorgan Chase & Co. defeated most of a lawsuit brought by Dexia SA over about $1.6 billion in mortgage-backed securities it bought before the financial crisis.