Technology

The crisis “exposed a major fault-line” in terms of loan data integrity the two technology providers are coming together to try to bridge.

The USDA Rural Development program has its own underwriting technology, called GUS, short for Guaranteed Underwriting System.

Trade-up buyers are typically more responsive to market conditions and financial incentives.

Commercial mortgage-backed securities late-pays in August fell 10 basis points to 6.68%, a milder decline than the record 40 basis point month-to-month drop experienced in July.

There is starting to be a shift in the dynamics of the housing market, which will mean future increases in home values will be driven by market demand rather than the shortage of homes for sale.

Being prepared to secure the Wild Wild West means you will need to be well-armed.

With homeownership levels continuing to decrease and more families entering the rental market, real estate companies will need to have data and analytics as part of their overall strategic analysis.

National Credit Services’ TRV Services product suite is now available through the Calyx Point loan origination system.

Mortgage applications to purchase newly built homes declined 14% on an unadjusted basis in August compared with July.

Total refinancings by Fannie Mae and Freddie Mac seller/servicers dropped 10% from June to 369,100 in July.