Technology
Technology
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Black and Hispanic mortgage borrowers had lower credit scores and higher default rates than Asian and non-Hispanic white borrowers, according to analysis by the Federal Reserve Board.
September 19 -
Average weekly rates for fixed-rate mortgages in Freddie Macs survey fell from where they were the previous week, ending a period of stability.
September 19 -
Sales of previously owned homes unexpectedly rose in August to the highest level in more than six years as buyers rushed to lock in interest rates before they rise further.
September 19 -
Delays in software upgrades are forcing many small banks to play a waiting game when it comes to complying with new regulation.
September 19 -
We're hearing quite a few regional banks have been in touch with us lately.
September 18 -
Think about how many disclosure documents are being sent and signed electronically.
September 18 -
More than half have an editorial calendar to drive creation and planning.
September 18 -
Loan modifications and short sales continue to outpace foreclosure sales this year, according to the latest data from Hope Now.
September 18 -
Indecomm Global Services has released an updated version of the Yellow Platter Learning Management System.
September 18 -
U.S. mortgage lending increased by 38% in 2012, driven by refinancings.
September 18 -
The arrangement lets LendingQB users generate disclosures and closing documents through IDS without leaving the system.
September 18 -
Refinance mortgage application volume increased 18% for the week ended Sept. 13, just one week after activity sunk to its lowest level since June 2009.
September 18 -
Construction work began on 3% more single-family housing units nationwide in August than the prior month.
September 18 -
We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.
September 17 -
Updated features include a new user interface and corporate branding functions.
September 17 -
The California Association of Realtors added sales of condominiums and townhomes were up 8% over last August and 5% so far this year when compared with last.
September 17 -
Fewer consumers defaulted on their first mortgages in August compared to the previous month, but the same positive news did not occur for second mortgages.
September 17 -
Private-equity firms and hedge funds are increasing their control of the rights to collect Americas monthly mortgage payments, an almost $10 trillion market that banks are retreating from amid looming regulations.
September 17 -
Even though builder confidence is currently at an eight-year peak with a mark of 58, there is some hesitancy from buyers due to the recent increases in interest rates.
September 17 -
The industry needs to realize that the only way lenders and servicers can possibly protect themselves from future lawsuits, claims, buybacks or loan disputes is to take everything they do into the electronic realm.
September 17



