Technology
Technology
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The interest rate on a 30-year fixed-rate loan fell to 3.67% for the week ending June 7, an eight basis point decline from seven days earlier.
June 7 -
When devising a mobile strategy, firms should pay close attention to three strategies that will help their mobile development succeed.
June 7 -
New technology and approaches are making automated valuation models more accurate.
June 7 -
Mass Companies is listing 23 bank-owned Michigan properties that total $9.7 million for auction next week on its website.
June 6 -
Navy Federal Credit Union unveiled two new ARM products: a 3/5 and 5/5 conforming (or jumbo) loan with start rates as low as 2.875% (2.943% APR).
June 6 -
All regions except for the Midwest showed positive results regarding home values for the latest rolling quarter—the most recent four months compared to the previous three months—and year, Clear Capital said.
June 6 -
Applications to refinance returned to highs last seen in February as a new round of record-low contract rates helped drive new business upward by 1.3% on a seasonally adjusted basis for the week ending June 1.
June 6 -
Property valuation compliance requirements are challenging lenders and servicers as much as home price fluctuations.
June 5 -
Regulatory pressures have given the mortgage industry headaches along with a renewed motivation to create more efficient solutions.
June 5 -
As Fannie Mae's July 1 deadline approaches, lenders and servicers must meet the GSE's requirement to satisfy homeowners association claims in order to preserve their first lien position.
June 5 -
If you are uncertain on the future of your LOS and vendor partners and feel like you are navigating a landscape that you can barely recognize, you are not alone. The good news is that you have options.
June 5 -
Home prices—including distressed sales—increased in April for the second consecutive month (by 2.2%), the first time this has happened in almost two years.
June 5 -
Wil Armstrong, CEO of Blueberry Systems and chairman of Cherry Creek Mortgage, discusses how origination technology can help lenders' retained servicing strategies.
June 4 -
Are the instructive lessons of the past sufficiently integrated into current industry business models and strategic planning?
June 4 -
A new Lender Processing Services offering helps servicers match first and subordinate liens on a property to streamline the process of modifying mortgages for distressed borrowers.
June 4 -
The final wholesale tally is in for 2011and the nations top ranked wholesalers in terms of volume were: Provident Funding Associates ($19.8 billion), Wells Fargo ($18.1 billion), U.S. Bank Home Mortgage ($7.3 billion), MetLife Home Loans ($6.6 billion), and Fifth Third Mortgage ($6.1 billion).
June 4 -
Amherst notes that lending standards in FHA/VA programs have remained “roughly constant” with more activity gravitating toward the two programs.
June 1 -
The expanded Home Affordable Refinancing Program kicked into full speed during the first quarter with volumes doubling to 180,000 units compared to the prior period.
June 1 -
If youre looking for a patch of brightness in the national job numbers that came out Friday morning look at the mortgage brokerage employment line: broker firms added 2,300 loan officers and other staffers to their payrolls in April.
June 1 -
Fannie Mae bought just $52 billion of home mortgages from its seller/servicers in April, a 45% plunge from March, according to new figures released by the GSE. Freddie Mac bought $26 billion of loans, a 39% decline from March.
June 1



