Technology

SharperLending, which runs a platform where lenders order settlement services from vendors, now offers employment and income verifications through The Work Number.

Applications for loans to purchase newly constructed homes were down 5% in June from the month before, according to Mortgage Bankers Association data.

Churchill Mortgage has launched an employee training program that focuses on the housing needs of borrowers who are 18 to 34 years old.

Mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.

Lack of funding confidence is why many longtime mortgage professionals are jumping ship and hitching their wagons onto new companies.

Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.

The nation's inventory of homes in some stage of foreclosure declined 4.8% in May from April, the 31st straight month-to-month drop, CoreLogic reported.

National mortgage banker GMH Mortgage Services is opening a wholesale lending division.

Consumer confidence about homeownership and the general economy have improved over the last four years, but a return to "normal" housing levels will still take a long time, according to a Fannie Mae survey.

Small lenders filled 200 positions in May after slashing their payrolls by 10,000 workers this year, the new government jobs report shows.