The inventory of foreclosed properties is approximately 20% less than a year ago as fewer foreclosures were completed during the last month of 2012.

Mortgage companies added 29,000 new hires to their payrolls in 2012, including 2,900 full-time employees in the month of December alone.

PulteGroup said fourth-quarter profit quadrupled as the homebuilder’s sales increased amid a U.S. real estate revival.

CoreLogic predicts the mortgage industry will originate between $1.45 trillion and $1.55 trillion this year.

There are more than 1 million fewer consumers nationwide whose credit scores are considered subprime as of Sept. 30, 2012 from the same day one year prior.

At least 2% of 2012 loans would be considered non-QM loans under the final qualified mortgage rule that the Consumer Financial Protection Bureau issued on Jan. 10.

FloodInsights is now offering lenders and others a sinkhole search report for Florida properties.

As the mortgage market increases the use of upfront automated audits to comply with regulation, homeowners are being offered the opportunity to review whether lenders and servicers are up to the task.

We're hearing the unlikely duo of counseling and technology may be useful in reducing lender costs in the light of the qualified mortgage.

Mortgage lenders reported receiving fewer loan applications compared with the previous week, as the Mortgage Bankers Association’s seasonally adjusted application index was down 8.1% for the week ended Jan. 25.

Government-approved lenders issued nearly $395 billion in Ginnie Mae MBS in calendar year 2012, up 20% from the prior year.

The relationship between appraisers and lenders can be counterproductive and costly if appraisers end up working with the wrong appraisal management company.

The top executive at one industry vendor believes a combination of regulatory and technology trends will cause sales use of mobile devices to surge in 2013.

The housing market ended 2012 with the lowest number of vacant homes for sale since 2005.

House prices in November are up 5.5% from a year ago even though prices have edged downward since September.

As the housing industry evolves on a constant basis, Green River Capital decided to make its own internal adjustments in order to guarantee a successful year.

ClosingCorp promises to ensure clients remain compliant when new disclosure document requirements related to its services are finalized later this year.

The Servicer of the Year Award recognizes a servicer using technology to optimize the management of performing and distressed mortgage portfolios and ensure efficient communication with borrowers, investors and the mortgage servicing support industry. Learn about this year's finalists and see who won the 2012 MT Award.

The number of California homeowners who began the foreclosure process in the fourth quarter last year dropped to its lowest level in six years.

Technology and closing cost data provider Ernst has received a U.S. patent for its recording fee and tax calculators used in tracking mortgage forms.