Technology

The spread between the one-month certificate of deposit interest rate and the 30-year fixed-rate mortgage is around 4.4% right now, about 55% higher than the 40-year historical average of 2.83%.

Home Affordable Modification Program servicers have completed nearly 151,000 loan modifications where the borrowers benefit from principal reductions and 129,000 of those loans are still active.

There was a 0.7% rise in home prices in July from June, according to the FNC Residential Price Index.

There were nearly 2% fewer homes sold in California in August compared with July’s revised figures, although it is over 3% when compared with August 2012.

Ginnie Mae MBS issuance totaled $35.3 billion in August, down nearly 10% from the prior month.

Pricing engines are a tool that allows loan officers to give consumers a better understanding of what is being offered.

Douglas Smith says it doesn't happen in the pages of a book.

Data through July 2013 show over 1.7 million homeowners received foreclosure mitigation assistance through the Making Home Affordable Program.

We're hearing the housing and mortgage industry can pat themselves on the back for their lobbying effort to block the PATH Act.

While hardware and software has been available for e-notarization previously, this is the first time web-accessible technology that is integrated into broader document workflow has been applied to electronic notarization.