Technology

FormFree Holdings, a mortgage technology vendor in Atlanta, received a U.S. patent for its automated asset verification system, AccountChek.

Document imaging and data processing firm Kofax has launched new consumer-facing technology designed to make it easier for borrowers to submit their financial information for a mortgage application.

Sales of previously owned homes climbed in June to an eight-month high as more listings helped prices cool, luring buyers into the market.

Washington Trust rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.

Mortgage origination volume for the second quarter will come in at $275 billion, a 17% increase from the previous quarter driven by a seasonal increase in purchase activity, according to Keefe, Bruyette & Woods analysts.

Altisource Portfolio Solutions' acquisition of Mortgage Builder Software will close next month, the companies announced Monday, following weeks of rumors but no official confirmation of the deal.

Peoples Bancorp reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.

Under the Consumer Financial Protection Bureau plan, lenders would need to respond to virtually every public complaint — even those by consumers, disgruntled employees, and competitors that abuse this forum.

Republic Bancorp reported a slight bump in second-profits due to modest loan growth but results were tempered somewhat by a sharp drop in mortgage banking income.

Second-quarter earnings nearly doubled at Home Loan Servicing Solutions, despite a significant jump in operating expenses, as prepayments remained low and the rate of liquidations of seriously delinquent loans recovered.