Technology

Steep declines in revenue from loan fees and gains on loan sales were responsible for the overall decrease, as well as a 58% decline in income from mortgage originations.

The decrease was largely driven by losses at the company's mortgage banking subsidiary, George Mason Mortgage.

Forecasts generally call for slower home price gains that could reduce volatility but also investment returns when it comes to securitization valuations. Some recently-hot markets like California are topping out.

The Lasting Impact Award honors an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that's transformed mortgage finance. Learn about this year's finalists and see who won the 2013 MT Award.

This is the smallest monthly gain in almost two years and suggests the real estate recovery is losing strength.

Realtors hope 2014 will be another strong year despite new mortgage rules.

The share of sales to third-party buyers at foreclosure auctions doubles in 2013, while cash sales and institutional investor purchases also are up substantially for the year.

The latest average, weekly Freddie Mac fixed-rate declines are smaller than previous ones. The next Mortgage Bankers Association survey will show whether applications have continued to increase in response.

The inventory of houses on the market rose at yearend but it still remains tight.

KB Home experienced the best gains on the day among stocks included in this publication's Mortgage Industry Equity Composite.