Technology

This technology takes the full appraisal report and looks for red flags for the mortgage underwriter to follow up on.

The mortgage industry’s early attempts to inject self-service into the transaction were not very effective.

Freddie Mac is projecting a 15% bump in purchase money mortgages in 2014, fueled largely be what its chief economist calls "a high degree of affordability."

There were 20,933 sales of existing single-family homes in Florida during August, up 12.5% from the same month last year.

A DocuTech executive advises preparing for a pronounced decrease in volumes as well as new regulations when January hits.

Wingspan made its second large acquisition for 2013 by reaching an agreement with JPMorgan Chase to take over a large-scale customer service operation in Monroe, La.

MortgageDashboard introduced a new version of its mortgage software that creates simplicity for lenders when it comes to originating loans.

Buying is now 35% more affordable than renting, compared with a 45% difference a year ago.

In a return to pre-recession norms—and with home values rising again—more struggling consumers are prioritizing mortgage payments over other debt.

In 2Q13, there was $478 billion in loan originations, of which 36% were purchase money mortgages.