Technology

We're hearing that in the wake of the financial crisis traditional advertising and marketing messages from the banking industry may be falling on deaf ears.

Essent Guaranty said users of the FICS Loan Producer loan origination system can seamlessly order mortgage insurance coverage from the company.

Rising home prices and higher mortgage rates are beginning to trim sales expectations at the National Association of Realtors.

Mortgage Network was able to pare down redundant systems used in the origination process.

The seriously delinquent rate on first-mortgage loans declined 156 basis points in June on a year-over-year basis.

Kroll Factual Data found possible fraudulent activity in loan applications increased 1.06% on average between the first quarter of this year and the fourth quarter of last year.

The conspirators supposedly operated a fraudulent timeshare resale scheme in Green Bay that resulted in at least 1,000 victims in 20 states and Canada being defrauded of over $2.3 million.

It refers to integrating each step of the loan process, from pre-origination activities all the way through servicing to lien satisfaction, in a unified suite of software running on a common platform.

The Homes.com Rebound Report for May finds there are now 19 markets defined as “fully recovered” compared with 14 in April.

The Federal Housing Finance Agency reported that GSE refinancings fell nearly 10% from April to May and Home Affordable Refinance Program refis fell by 20%.