Technology
Technology
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The Securities Industry and Financial Markets Association recent held a meeting on “The Future of Global Capital Requirements,” noting that one of the “main themes of industry response” to rulemaking in this area so far has been that generally “the proposals would result in much higher capital requirements” for most positions.
May 1 -
Cogent Road said the upcoming version of its Roohmz Enterprise Loan Production System will integrate with DocMagic.
May 1 -
The Eleventh Federal Home Loan District Cost of Funds Index fell three basis points in March after a rise of nearly four basis points between January and February.
May 1 -
Net income for 1Q13 was $3.9 million, or $0.14 per diluted share, compared to net income of $3.6 million, or $0.16 per diluted share, during the same time period last year.
May 1 -
Old Data is dead, long live New Data.
April 30 -
The U.S. homeownership rate dropped to 65% in the first quarter, the lowest rate since 1995.
April 30 -
Since the economic downturn mortgage fraud has been a prevalent issue plaguing the housing industry for several years.
April 30 -
For the past decade, the social media scene for originators has been compared to the Wild Wild West.
April 30 -
House prices edged up 0.3% from January to February on a non-seasonally adjusted basis.
April 30 -
Worries over fraud, as well as the Consumer Financial Protection Bureau holding lenders responsible for the actions of the third parties they use, is what is behind programs to vet title agents.
April 29 -
The National Association of Realtors leading indicator of future existing home sales increased in March, but contract activity in recent months is only improving modestly.
April 29 -
The banks object to a consolidation, saying each of the cases has separate claims, defendants, originators, disclosures, loans and evidence.
April 29 -
Rockville Financial said adding an online mortgage application was one of the reasons the bank holding company had a 74% increase in originations in the first quarter.
April 26 -
Mortgage Grapevine poster Jusross is unhappy with the online mortgage application software he is using.
April 26 -
Mortgage data is more valuable when delivered through the cloud because several people can use the data at the same time.
April 26 -
CoreLogic reported in its first-quarter results that it had acquired Case-Shiller from Fiserv on March 20 for $6 million cash.
April 26 -
A slowdown has started to take place for home values through the first quarter of 2013.
April 26 -
First-quarter cumulative defaults for fixed-rate commercial mortgage-backed securities were up 18 basis points from the end of 2012 at 13.6%.
April 26 -
As housing markets continue to stabilize across the country with rising home prices and inventories shrinking in these cities, this ultimately leads to the possibility for a higher potential of mortgage fraud.
April 25 -
Lender Processing Services had net income of $54 million in 1Q13, a 13% increase over the $47 million earned in the same quarter last year, even though revenue decreased 3% between the two periods. In 4Q12, when it settled some of the legal matters, LPS earned $2.8 million.
April 25



