Technology

Residential real estate prices rose in the 12 months ended May at the slowest pace in more than a year as a lull in the U.S. housing market limits appreciation.

The CFPB and other regulators are showing an increasing appetite for big data. The HMDA database may be the biggest in the mortgage business and a preview of the upcoming dataset may give lenders a chance to stay one step ahead of the feds.

Zillow Inc. agreed to purchase Trulia Inc. for $3.5 billion in an all-stock deal that is designed to make the combined entity the largest in online real estate advertising.

Acquiring the technology vendor would help Altisource build a marketplace for ancillary mortgage services and reduce the company's reliance on its former parent and top client, Ocwen.

It sounds liked a great business formula: home loans soared at several megabanks last quarter after they spent months cutting thousands of jobs to save costs. But executives remain concerned about profit potential because market shifts and new regulations are making mortgage lending more expensive.

D.R. Horton is rolling out a new brand that will focus on providing affordable starter homes.

The online ballot is now open for mortgage lender and servicing professionals to vote for their favorite technology and services vendors.

Zillow Inc. is seeking to acquire rival Trulia Inc. in a move to combine the two most-visited U.S. real estate websites.

Using the MERS System helps stop mortgage lenders from fraudulently pledging the same loans to multiple warehouse lines. Most line providers register as interim funders. Some recent entrants may not.

Mortgage rates were little changed, keeping borrowing costs close to the lowest this year as housing rebounds after a slow start to 2014.