Technology

While distressed borrowers said they're more satisfied with the customer service they receive today than a year ago, servicers with large portfolios of distressed loans were still ranked lower than their peers in a recent J.D. Power survey.

The regional banks are repurchasing excess stock and increasing dividends.

Ellie Mae in Pleasanton, Calif., reported a rise in second-quarter profits compared to last year, boosted by sales of its mortgage origination software.

Mortgage rates held steady over the past week, remaining near their lowest levels for the year, according to Freddie Mac.

Over the long haul, ignoring online leads is going to make it difficult for retail lenders to survive, since recent studies clearly show more and more borrowers are finding their lenders online.

Delinquency rates for commercial mortgage-backed securities improved slightly in July, according to a report released Wednesday by Trepp.

Mortgage application volume decreased from the previous week as refinances fell but purchase activity rose slightly.

Customer relationship management technology and new regulations require lenders and loan officers to re-evaluate how they manage the ownership and use of lead sheets.

The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out of the property market.

Interest rates for mortgages over $417,000 have fallen 11 basis points during the past six weeks, driven by competition among banks to win the mortgage business of wealthy, less risky borrowers and in turn, make them customers of other financial products.