An improved economy should help grow purchases in the coming year as overall loan volume drops.

Prices in 16 of the 20 cities tracked posted smaller monthly price gains in August.

The housing recovery for Massachusetts is in full effect as foreclosure petitions, foreclosure deeds and auction announcements all dropped by double-digit percentages in September from last year.

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While the housing market is slowly picking up steam, there is still a very large inventory of distressed loans that pose a potential risk to the mortgage industry.

Servicers are still finding ways to cope with heightened regulatory scrutiny and continue to evaluate options to increase efficiencies while maintaining legal compliance.

Affordability concerns and weak consumer confidence are keeping many potential homebuyers on the sidelines.

The bank earned $38 million in the third quarter, an 8% decrease from the same period a year ago.

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HMDA data show 34% of mortgage apps went unfunded last year, down from 40% in 2011.

The title insurer will raise the funds by selling stock and taking a bridge loan.

The market for bank-owned assets is inefficient and fragmented. Buyers have to search dozens of websites, sift through hundreds of potential leads, and track down sellers from incomplete or out of date listings to find what they are looking for.

Banks and conduits are lending more money to make up for the decline in government-sponsored agency volume.

PCV Murcor’s ValuationsDirect makes it easier for mortgage brokers and correspondents to not only pay for a borrower’s appraisal, but track the status of a report.

Falling refis push the GSE’s guarantee volume to a 17-month low.

The 14th Annual Mortgage Technology Awards Ceremony will be held at 7:30 p.m. EDT, Sunday, Oct. 27 at the Renaissance Washington, D.C. Downtown Hotel. RSVP online and share the spotlight with the industry’s leading innovators.

The housing market continues to favor investors who are buying distressed and nondistressed assets with cash.

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House appreciation slowed in the Pacific states even though price increases could top 20% this year.

Bill Dallas looks to leverage the lessons he learned from his previous efforts working with mortgage brokers.