Technology
Technology
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The 10X Award honors a company, product or technology that's had an exponential impact on mortgage finance. Learn about this year's finalists and see who won the 2014 MT Award.
February 4 -
New-home construction was sluggish in Palm Beach County last year with builders breaking ground on 2,132 new homes, a meager 3% gain from 2013.
February 4 -
Orange County home prices ended 2014 up 3.8%, the smallest annual appreciation rate in three years due in part to a decline in investor speculation.
February 4 -
Mortgage applications were higher during the last week of January as interest rates fell to lows last seen in May 2013.
February 4 -
Studying borrowers' credit characteristics and tightening quality control are more important to how mortgages perform than the size of down payments.
February 3 -
During last year's fourth quarter, commercial and multifamily loan originations increased by 11% from the same time a year before, a new report by the Mortgage Bankers Association says.
February 3 -
While many of the lenders and investment firms seeking to profit from higher-risk mortgages are working to revive the business of bundling such loans into bonds, Citadel, one of the biggest players, is in no rush to see that happen.
February 3 -
The sale of real estate owned properties generated greater returns than short sales in December, according to Black Knight Financial Services.
February 3 -
Home prices were up 5% in December from a year earlier, according to CoreLogic.
February 3 -
Home sales in Southern California's San Fernando Valley tanked in 2014, falling 7 percent from a year earlier to a record low in response to rising prices and scant inventory.
February 3 -
The Greenwich, Conn., Town Assessor's office booked paperwork for 40 residential real estate closings last month, with a median sale price of $1.3 million, down significantly from last January's median closing price of $2 million.
February 3 -
Borrowers with lower credit scores accounted for a greater share of loan volume in December 2014 than they did in December 2012, according to a sample of mortgages processed by the Ellie Mae loan origination system.
February 2 -
While Rhode Island's real estate market made gains in 2014, the aftereffects of the foreclosure crisis continue to hold the housing market back from a more robust recovery.
February 2 -
D.C. is one of the only jurisdictions in the country to guarantee tenants the right to band together and purchase a building before the landlord can offer it to an outside buyer.
February 2 -
The number of foreclosure cases initiated against Hawaii property owners fell last year for the first time in four years.
February 2 -
ReverseVision, which operates the largest technology platform in the reverse mortgage industry, suffered an outage with its RV Express system because of a hardware failure. It's the second technology disruption for the San Diego-based vendor.
January 30 -
Arbor Commercial Mortgage has launched a proprietary online loan processing technology platform.
January 30 -
Stability is gradually returning to the housing market following the foreclosure crisis, according to Freddie Mac.
January 30 -
Contracts to purchase previously owned homes unexpectedly fell in December by the most in a year, a sign the industrys recovery remains uneven.
January 29 -
The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed on the sidelines, giving the rental market a boost.
January 29



