Technology

About 1.4 million homeowners regained positive equity from the second quarter to the third quarter, which is the biggest quarterly drop recorded by Zillow.

Many would-be buyers were shut out during the previous summer and spring seasons.

The more compelling discussion at this week’s tech show of business success this coming year was capacity, conversion and compliance.

Federal judges have ruled no valid claims of fraud exist against MERS in which plaintiffs claimed the company’s role in a deed of trust caused them injury.

The mortgage industry’s shift toward a purchase-driven market increases the risk of fraud, and that was evident in the third quarter, particularly for jumbo loans.

Limited supply and higher mortgage rates have restrained momentum in the housing-market recovery.

Purchase applications were up 6% as data show a reversal in the previous week’s rate spike.

Underutilized low-income housing tax credits used to fund apartment construction could help offset a decline in multifamily financing availability, if lenders are willing to lower their minimum loan sizes.

Norcom Mortgage spent more than a year working to upgrade its loan origination system, and recently went live with their provider.

LoanServ aims to provide technology that is easy to access and gives each client a consistent customer experience.