Technology
Technology
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In 2012, data from RealtyTrac revealed that preforeclosure sales increased 6% on an annual basis, while REO sales fell 15% during this time period.
February 27 -
Specialized Business Software has enhanced its Docunym Document Management Solution tool to help mortgage servicers automate loan processing in compliance with federal and state level regulation.
February 27 -
The National Association of Realtors’ leading indicator of future existing home sales rose 4.5% in January to the highest level in nearly three years.
February 27 -
Mortgage lender and servicer New American Funding has chosen Ellie Mae’s mortgage management system.
February 27 -
The uncertainty regarding Italy following parliamentary elections is being cited by an executive at Zillow Mortgage Marketplace for the six basis point decline in the 30-year fixed-rate mortgage compared with last week.
February 26 -
Post-closing document management has taken on new importance in the mortgage industry, particularly in light of record foreclosure volume, the robo-signing scandal and subsequent regulations and scrutiny.
February 26 -
New-home sales jumped nearly 16% in January to a level not seen since the summer of 2008.
February 26 -
Home prices rose on a quarterly and yearly basis through the end of December 2012, according to the Federal Housing Finance Agency’s seasonally adjusted purchase-only house price index.
February 26 -
FDIC-insured institutions originated $765.4 billion in single-family loans in 2012, up nearly 50% from the year prior.
February 26 -
House prices reversed course in 2012 after falling 4.1% the year prior, according to the S&P Case-Shiller 20-city house price index.
February 26 -
Since 2007 when the volume of delinquent mortgage loans increased to unprecedented levels, while surprised and unprepared, servicers started to reinvent their business and adjust to the new reality.
February 25 -
We're hearing in the last few years, private equity, hedge funds and Wall Street types have eyed the distressed housing market for buying opportunities.
February 25 -
Electronic signatures can help mortgage originators increase their sales, move things quicker through the process and as a result get better prices for their loans from investors.
February 25 -
Lenders will handle an estimated 1.5 million maturing lines of credit per year in the next several years.
February 25 -
Benedict Group Inc. has added a series of automated data bridges between its loan servicing software and the CRE loan origination and asset management software of The Rockport Group.
February 25 -
Fitch has issued expected ratings ranging from an investment grade AAA to a speculative grade B on 13 classes of JPMorgan Chase Commercial Mortgage Securities Trust 2013-C10.
February 25 -
Even though the housing market continues to see increases in home values throughout the country, one firm is reluctant whether the nation is in a real recovery.
February 25 -
The purchase of a California home became less affordable in the fourth quarter of 2012 as inventory challenges drove prices higher in the state.
February 25 -
A new national survey revealed that rental demand will be more stable in the future for single-family homes rather than multifamily properties.
February 25 -
House prices rose 5.8% in 2012 after edging up 0.1% from November to December, according to Lender Processing Services.
February 25



