Technology
Technology
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New loan applications increased by just over 6% for the week ending Dec. 7 with refinancings topping 84% of all new business, according to the Mortgage Bankers Association.
December 12 -
The Dec. 18 online and live auction features six properties that offer central locations, easy access to major interstate and mass transit as well as great visibility for potential buyers.
December 12 -
Keefe, Bruyette & Woods expects the Home Affordable Refinance Program will continue boosting gain-on-sale margins for mortgage bankers.
December 12 -
The secret is out: jumbo lending is hot.
December 12 -
A relatively new government website known as SAM that FHA lenders must check before making a loan has been slowing the origination process since Thanksgiving, particularly for lenders doing multiple searches.
December 11 -
The mortgage market is responding to future uncertainty by restructuring their processes.
December 11 -
Mobile search patterns are not like those of desktop searchers.
December 11 -
Consumers National Bank is using a Web-based loan origination system from LendingQB to operate its mortgage lending business.
December 11 -
Real estate agents using RES.NET’s agent portal now have access to a tool that streamlines offer negotiation activities resulting in faster closings.
December 11 -
Hacktivists who claim responsibility for a series of cyberattacks on at least ten banks worldwide are vowing to reprise the electronic assaults on five of them in the coming days.
December 11 -
The 10X Award commends a company, product or technology that’s had an exponential impact on mortgage finance. Learn about this year's finalists and see who won the 2012 10X MT Award.
December 11 -
Several megabanks—including Wells Fargo and Bank of America—have exited the reverse market over the past 18 months, leaving the business to an array of nonbanks and medium-size lenders.
December 11 -
Certain federal- and state-level regulatory measures are bound to affect how mortgage lender-servicers do business in the Northeast.
December 10 -
Tim Duncan, who was a key player in helping Elizabeth Warren form the Consumer Financial Protection Bureau, is launching a new mortgage company.
December 10 -
PennyMac is experiencing explosive growth in the correspondent channel.
December 10 -
Loan Value Group has begun to facilitate the delivery of government-funded principal reductions in an effort aimed at getting the relief to qualifying underwater borrowers in Arizona more quickly.
December 10 -
The correspondent channel accounted for 49% of Wells Fargo’s residential production in the third quarter.
December 10 -
There is a lot of attention focused on single-family homes by investors looking for a great cash flow with high appreciation potential over the next few years.
December 7 -
Consumers want things done quicker, while regulators want them done right; both will hold the originator responsible.
December 7 -
Patricia Rauch has joined appraisal technology provider Global DMS in the newly created position of chief operating officer.
December 7


