Technology
Technology
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Freddie Mac purchased $44.1 billion of mortgages from its seller/servicers in June, the GSE’s best acquisition month of the year and a sign that loan production is strong.
July 27 -
With the addition of four new towers announced this week—two in South Beach and two others in downtown Miami—more than 8,600 condo residences have now been proposed for the tri-county South Florida region.
July 27 -
Home sales may be flagging a bit, but prices are rising and have been each and every month since January.
July 27 -
Mortgage rates fell to yet another all-time low this week, 3.49% for a 30-year fixed-rate mortgage.
July 26 -
A new Mortgage Industry Standards Maintenance Organization workgroup intends to create a universal loan document identification protocol that would be based on loan-specific data and enable any entity across the lending process to use a common formula to create or recreate the unique identifier.
July 26 -
EverBank Financial originated $2.7 billion of loans and leases in the second quarter, up 19% from the first quarter and 89% from the year ago.
July 26 -
In metropolitan cities that have at least 200,000 people, foreclosure activity increased in 125 out of 212 markets in the first half of this year compared to the prior six months.
July 26 -
New advances are providing technology to mortgage industry and secondary market participants that allows them to access detailed information about residential mortgage-backed securities.
July 26 -
Up until a year ago, I had never considered using video as a way to communicate with the thousands of loan officers and real estate agents I connect with on a monthly basis.
July 25 -
CO-OP Member Center is partnering with LenderLive Network to provide credit unions with mortgage outsourcing services.
July 25 -
Conix Inc. completed a record second quarter by acquiring $112 million worth of distressed real estate.
July 25 -
The Census Bureau reported that sales of newly built single-family homes fell to a 350,000 seasonally adjusted annual rate in June from a 382,000 rate May.
July 25 -
Residential loan applications increased 1% for the week ending July 20 (from the week prior) but with refinancings accounting for 81% of all new business.
July 25 -
Special servicers work with information from multiple sources and they have to ensure quick and accurate dissemination of that data within its organization, which creates numerous data management challenges.
July 25 -
Seven affordable housing groups are urging the Department of Justice, HUD and federal regulators to investigate whether the prevalence FHA and VA lending in minority neighborhoods—and the low percentage of conventional lending—is a result of racial steering.
July 24 -
Mortgage vendor Nationwide Title Clearing is continuing to hire new employees, adding 66 full-timers in the second quarter.
July 24 -
CoreLogic earned $41 million off revenue of $389 million during the second quarter of 2012—new records for the company which was spun off from the First American Corp. in June 2010.
July 24 -
Monday marked the implementation deadline for the Uniform Loan Delivery Dataset, the new loan-level mortgage information file format developed by Fannie Mae and Freddie Mac for all loans sold to the government-sponsored enterprises.
July 23 -
When it comes to automation technology, servicers are faced with a myriad of choices between traditional, in-house software versus vendor-hosted services, or software-as-a-service delivery options.
July 23 -
Forecasters expect Wednesday’s new-home sales report will show June sales rose by barely 1% after a 7.6% jump in May.
July 23






