The recovery of the mortgage market relies partly on banks' ability to quickly sell the real estate properties they own to new buyers.

While banks applaud the Consumer Financial Protection Bureau's goal of simplifying the tangled mass of required mortgage disclosures, the industry has found that simpler is not always better in the agency's proposal for streamlined forms.

The residential finance division of JPMorgan Chase plans to roll out a new mortgage origination technology platform next year.

When it comes to certain things in the default industry, many folks seem to equate “leading edge” with anything paperless. Nowhere is this more true than in REO invoicing.

Negative equity in the third quarter experienced the largest quarter-over-quarter decline since the first three months of 2011.

The Government National Mortgage Association has loss reserves of roughly $357 million.

Builders are reporting increasing demand for new homes as inventories of foreclosed and distressed properties begin to shrink in markets across the nation.

Navy Federal Credit Union said it funded $1 billion of residential loans in October, a record for the company.

The median price of a home sold was $178,600 in October, up 11% from a year ago.

Our annual Mortgage Technology Conference is returning to Collins Avenue next week after a few years on the road.

An effective date for the Internal Revenue Service’s acceptance of electronic signatures on the 4506-T forms that used to check the integrity of borrowers’ submitted tax information has been set for Jan. 7.

However, the third-quarter production results are notable for one other reason: some table funders are showing a huge increase in business, while others are experiencing a sizeable decline.

In the third quarter Stearns Lending funded $3.1 billion of home mortgages, an 88% improvement over the past 12 months.

In October closed transactions increased 17.8% over October 2011, while the median home price rose 2.1%.

California home sales were at their highest level since May for the month of October.

Underwater mortgagors may be declining -- or so the HUD secretary tells us.

First Niagara is scheduled to open a processing center next month in Syracuse.

During the first nine months of 2012 the Chicago Federal Home Loan Bank processed $4.5 billion of MPF Xtra loans for Fannie, compared to $1.5 billion during the same period in 2011.

The Government National Mortgage Association earned $610 million for the year ending Sept. 30, compared to $1.18 trillion in fiscal year 2011.

Fannie Mae and Freddie Mac are turning into cash machines. But who will get that cash?