Technology

A report by Re/Max shows housing recovery is losing momentum and prices are adjusting accordingly.

Increasing home prices over the past 18 months combined with decreasing foreclosures have led to a slowdown in the number of properties flipped.

Industry concerns about the proposed QM definition are now being bolstered by empirical evidence that confirms what many in the industry have suspected all along.

BB&T reported flat mortgage banking income and flat originations for the third quarter.

Despite a substantial reduction in mortgage banking revenue during the third quarter, U.S. Bancorp’s overall net income remained flat on a yearly basis.

The August Federal Housing Finance Agency Refinance report also shows Home Affordable Refinance Program refinancings have dropped by 36% over the same four-month period.

The FHFA introduced the idea for the platform earlier this year, as a way to reduce costs to taxpayers because there is one platform, not two, to maintain.

Having a continuity management plan in place helps to manage the situation.Having a continuity management plan in place for surviving any situation.

Potential homebuyers are staying on the sidelines because of fluctuating mortgage rates, the government shutdown and the debt ceiling battle.

We're hearing that the development of “smart process applications” may revolutionize the way lenders interact with their customers.