The downfall to new technology is that it can feel much like paving the freeway during rush hour—it is very complicated, fraught with risk and susceptible to failure.

After months of steady ups and downs, the delinquency rate for commercial mortgage-backed security loans has finally hit a wall.

There was a 21.6% decline in mortgage application volume on a seasonally adjusted basis during the last two weeks of 2012 as refinancings during the week of Dec. 28 were at their lowest point since April.

Zillow said that Chris Crocker is joining the company as vice president of strategic partnerships.

Delinquency rates on second mortgages and home equity lines of credit have been rising this year.

The Lasting Impact Award acknowledges an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that’s transformed mortgage finance. Learn about this year's finalists and see who won the 2012 MT Award.

The October residential shadow inventory level was 2.3 million units, representing a supply of seven months.

American Realty Capital-Retail Centers of America Inc. recently closed its acquisition of San Antonio-based San Pedro Crossing Shopping Center.

Inlanta Mortgage said that 2012 was its best year for new hires, with a total of 77 new employees over the course of the year.

Sales of existing houses and condos in the Phoenix area rose to the highest level for a November in seven years.

The National Association of Realtors is looking ahead for another good year with sales rising 10% in 2013.

Sales of newly constructed homes jumped 4.4% in November after falling 3.5% in October.

Merrimack Mortgage Co. said integrated communication and file services Google provides were a key part of its growth strategy.

Teaching struggling borrowers how to manage their finances creates value at numerous levels not only for the parties directly involved such as servicers.

DocuTech said it will be leading a response from lenders to the CFPB’s Project Catalyst, which aims to involve mortgage executives in testing new disclosures.

The October Case-Shiller 20-city home price index shows prices edged down 0.1% in October from the month prior.

Automation has helped the industry keep up with Consumer Financial Protection Bureau regulations, good-faith estimate fee disclosures and single point of contact requirements that have challenged the industry.

ClosingCorp said that Mark Nogaki has joined the company as senior vice president of sales.

Hurricane Sandy’s impact on the private-label residential mortgage-backed securities market won’t be systematic and estimates for it are shrinking under closer examination.

Trailing docs can be particularly painful when lenders try to foreclose upon a mortgage default.