Technology

Home prices rose more than economists estimated in October as rising employment and falling interest rates boosted buyer demand.

Many mortgage originators waste money and get a small return on their investment because they make one or more mistakes when contacting their past, present and future clients by email.

Refinance volume may be waning, but lenders' reliance on consumer direct tools will only increase next year. Plus, the rise of mini-correspondents will keep the warehouse lending renaissance going strong in 2015.

Corporate landlords are benefiting from the worst rental-housing shortage in more than a decade as construction trails demand and more Americans opt to lease rather than buy.

Mortgage companies must properly vet their third-party vendors to ensure that there is no litigation, fraud allegations, or other risky behavior that might create risk for them.

The new estimate shows a 15% increase in purchase mortgage originations, compared to a drop in 2014.

Purchases of previously owned homes dropped more than forecast in November as residential real estate struggles to sustain its recovery even as borrowing costs remain low.

Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.

Spectrum Equity has made an investment for ExactBid for an undisclosed price.

Mortgage rates declined, keeping borrowing costs at the lowest levels since May 2013.