Technology
Technology
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Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.
October 28 -
Although EverBank had a good quarter, it also wrote down the asset value of its mortgage servicing rights.
October 26 -
The technology that lets a user deposit checks by taking photos of them with his smartphone is being applied to mortgage documents, though with some limits.
October 25 -
The Mortgage Industry Standards Maintenance Organization named the leaders of two newly formed committees.
October 25 -
Blueberry Systems said that its Relay loan origination software now integrates with DocMagic’s document preparation and compliance technology.
October 25 -
Freddie Mac acquired $39 billion of mortgages from its seller/servicers in September, a 5% decline from the month prior.
October 25 -
CoreLogic reported net income of $36.2 million for the third quarter.
October 25 -
In 131 out of 212 cities that have a population of at least 200,000, third-quarter foreclosure activity fell year-over-year.
October 25 -
Is there any mortgage lender that should turn up their nose at a pot of $100 billion in mortgages? Don’t think so.
October 25 -
Flagstar posted gain-on-sale income of $334 million in the third quarter, an impressive 57% increase from 2Q.
October 25 -
Upbeat meeting tempered by an uncertain future.
October 24 -
Global DMS has launched its Global Unity Project, an initiative that seeks to create seamless integrations with all of the major loan origination systems.
October 24 -
A heightened focus on due diligence and loan file reviews has made it imperative for lenders to incorporate quality control technology and processes that can minimize repurchase risks.
October 24 -
Kofax has introduced Mobile Capture for Mortgage, which the company says speeds the loan approval process, improves accuracy and lowers processing costs.
October 24 -
New-home sales rose to a seasonally adjusted annual rate of 389,000 units in September, the highest reading since April 2010.
October 24 -
For smaller banks, searching for revolutionary technology is a bit like window shopping in Beverly Hills.
October 24 -
According to the Federal Housing Finance Agency's index, home values rose the most in the nation's mountain state region, a handsome gain of 11.4%.
October 24 -
A year ago economists at the Mortgage Bankers Association were bracing for an ugly 2012, one in which a meager $900 billion in fundings would come to pass.
October 23 -
In the second quarter, Fannie Mae sold nearly 48,700 real estate owned properties.
October 23 -
Cost is still one of the most critical components for consumers when it comes to the residential application process.
October 23




