Technology
Technology
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The CFPB and other regulators are showing an increasing appetite for big data. The HMDA database may be the biggest in the mortgage business and a preview of the upcoming dataset may give lenders a chance to stay one step ahead of the feds.
July 28 -
Zillow Inc. agreed to purchase Trulia Inc. for $3.5 billion in an all-stock deal that is designed to make the combined entity the largest in online real estate advertising.
July 28 -
Acquiring the technology vendor would help Altisource build a marketplace for ancillary mortgage services and reduce the company's reliance on its former parent and top client, Ocwen.
July 28 -
It sounds liked a great business formula: home loans soared at several megabanks last quarter after they spent months cutting thousands of jobs to save costs. But executives remain concerned about profit potential because market shifts and new regulations are making mortgage lending more expensive.
July 25 -
D.R. Horton is rolling out a new brand that will focus on providing affordable starter homes.
July 25 -
The online ballot is now open for mortgage lender and servicing professionals to vote for their favorite technology and services vendors.
July 24 -
Zillow Inc. is seeking to acquire rival Trulia Inc. in a move to combine the two most-visited U.S. real estate websites.
July 24 -
Using the MERS System helps stop mortgage lenders from fraudulently pledging the same loans to multiple warehouse lines. Most line providers register as interim funders. Some recent entrants may not.
July 24 -
Mortgage rates were little changed, keeping borrowing costs close to the lowest this year as housing rebounds after a slow start to 2014.
July 24 -
A continued but modest rebound in the housing market and overall economy during the second half of 2014 are not likely to offset the sluggish pace of activity during the first two quarters of the year.
July 23 -
For outsourcers to supply value to the originators that hire them, they must do than simply meet the terms of the agreement.
July 23 -
Foreclosure inventory fell to its lowest level in more than six years in June, according to a report from Black Knight Financial Services.
July 23 -
A lender's LOS can help or hurt its bottom line. When examining existing systems for process improvements or evaluating other alternatives, focusing on a number of key considerations can simplify the process and narrow down the field of LOS options.
July 23 -
Mortgage application volume increased from the previous week due to more refinance activity.
July 23 -
Big data techniques could help mortgage lenders home in on the most qualified borrower leads, but uncertainty about the new technology has many originators clinging to existing practices with a known track record.
July 23 -
FormFree Holdings, a mortgage technology vendor in Atlanta, received a U.S. patent for its automated asset verification system, AccountChek.
July 22 -
Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.
July 22 -
Sales of previously owned homes climbed in June to an eight-month high as more listings helped prices cool, luring buyers into the market.
July 22 -
Washington Trust rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.
July 22 -
Mortgage origination volume for the second quarter will come in at $275 billion, a 17% increase from the previous quarter driven by a seasonal increase in purchase activity, according to Keefe, Bruyette & Woods analysts.
July 21







