Technology
Technology
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Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. But while regulators and law enforcement officials are again raising the stakes for the credit reporting industry, critics fear it may not be enough.
July 7 -
A change to the way Zillow charges for mortgage rate advertising is poised to shake up the world of online lead generation an increasingly important source of new business, but one where lenders face a constant struggle between quality versus quantity.
July 6 -
New technology developed by mortgage software vendor LoanLogics aims to automate and streamline closed-loan purchasing and quality control processes for correspondent investors.
July 2 -
Mortgage professional hiring and new job appointments for the week ending July 3.
July 2 -
The Federal Housing Administration's new loan defect "taxonomy" may give lenders better clarity on the quality assurance reviews of FHA loans, but it is not a shield from possible enforcement action by the Department of Justice and other regulators.
June 30 -
Shashank Shekhar, CEO of Arcus Lending in San Jose, Calif., uses a strong presence online to attract tech-savvy clients.
June 30 -
Mortgage originators willing to help consumers overcome traditional financing hurdles can add more emerging segments of home buyers as clients.
June 29 -
Contracts to purchase previously owned homes rose in May to a nine-year high, indicating recent strength in the real estate industry will be sustained.
June 29 -
Mortgage professional hiring and new job appointments for the week ending June 26.
June 26 -
The Consumer Financial Protection Bureau's new mortgage integrated disclosure rules will now take effect Saturday, Oct. 3, two days later than the previously rescheduled Oct. 1 deadline.
June 24 -
Freddie Mac's latest monthly Multi-Indicator Market Index shows a weak but improving housing sector.
June 24 -
Fannie Mae will no longer charge mortgage lenders to submit loans to its Desktop Underwriter automated underwriting system, a decision that follows a similar move by Freddie Mac earlier this month.
June 23 -
Wells Fargo Bank is marketing $914 million of commercial mortgage bonds, according to a presale report released by Kroll Bond Rating Agency.
June 22 -
Many lenders may not have been ready for the CFPB's new mortgage disclosure rule if it took effect on Aug. 1 as planned. Now a slip-up by the agency itself has given lenders a two-month reprieve.
June 22 -
InHouse Connexions has released a new software product for commercial lenders and appraisers for valuing properties.
June 19 -
RealtyTrac reported 126,868 foreclosure filings last month, the highest level of activity in 19 months, driven mainly by bank repossessions and a 5% year-over-year increase in scheduled foreclosure auctions.
June 18 -
Optimism abounds in Fannie Mae's survey of mortgage lenders for the second quarter of 2015.
June 17 -
WASHINGTON After months of declining industry and congressional pleas to delay an impending rule combining two mortgage disclosure regimes, the Consumer Financial Protection Bureau on Wednesday announced a two-month delay due to an "administrative error."
June 17 -
Barclays is ending trading in $700 billion of U.S. mortgage bonds that were issued before the financial crisis.
June 17 -
The homebuilding industry enjoyed its best two months in more than seven years as it headed into its busiest season, even as it began work on fewer houses last month following an April surge.
June 16











