Technology
Technology
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The number of active mortgages in foreclosure continues to fall as of month-end September, but the delinquency rate increased.
October 23 -
The new qualified mortgage rule is pressuring vendors of loan origination systems to work with lenders to recode their units. There's a lot of work to be done before the Jan. 10 deadline.
October 22 -
The company reports earnings of $36 million in the third quarter, as a $13 million pretax charge helps to reduce results by 38%.
October 22 -
GRFConnex is a short sale and deed-in-lieu processing system that helps mortgage businesses remain in compliance.
October 22 -
Servicers must change their conduct to fit the times and regulatory environment, and some of the largest have done that.
October 22 -
BOK Financial Corp. develops correspondent program to expand its mortgage business nationwide.
October 22 -
Servicers continue to play close attention to regulation implemented in response to the unprecedented circumstances surrounding the mortgage industry since 2007.
October 22 -
The cost to originate a home loan is skyrocketing as lenders try to comply with stricter rules to catch problem loans. Technology would better automate the loan process, but can small lenders justify the investment?
October 22 -
Declining refinance volumes that forced mortgage companies to trim staff and fire loan officers finally register in industry job numbers.
October 22 -
Next year the industry is going to be paying close attention to new rules because of the changing regulatory landscape.
October 21 -
The housing market hits a rough spot as existing home sales slow, prices fall and government actions deter some buyers.
October 21 -
A still-heavy volume of foreclosures is likely to act as a continuing constraint on building activity.
October 18 -
The percentage of minorities getting mortgages has stayed flat the last couple of years. With credit as tight as it has been, that may not be so bad a showing.
October 18 -
The pace of home price appreciation during the third quarter of 2013 was only half during the second quarter.
October 18 -
Lenders and investors can breathe a little easier now that the IRS is verifying borrowers income.
October 17 -
A report by Re/Max shows housing recovery is losing momentum and prices are adjusting accordingly.
October 17 -
Increasing home prices over the past 18 months combined with decreasing foreclosures have led to a slowdown in the number of properties flipped.
October 17 -
Industry concerns about the proposed QM definition are now being bolstered by empirical evidence that confirms what many in the industry have suspected all along.
October 17 -
BB&T reported flat mortgage banking income and flat originations for the third quarter.
October 17 -
Despite a substantial reduction in mortgage banking revenue during the third quarter, U.S. Bancorps overall net income remained flat on a yearly basis.
October 16




