Technology

Home prices increased over 12% in May over the same month last year, the largest increase in the CoreLogic Home Price Index since February 2006.

Spending on the construction of new single-family homes edged up 0.4% in May as housing starts slowed in May and April.

Any time there are regulatory changes there is a direct and significant impact on the technology required by originators and servicers to conduct daily business.

The Eleventh Federal Home Loan District Cost of Funds Index set a new record low in May at 0.951%, a 29 basis point decline from April.

Besides DataQuick Information Systems, CoreLogic is buying the credit and flood services operations from DataQuick Lender Solutions.

More than 85% of Redfin’s real estate agents said now is a good time for homeowners to sell, up from 82% in the first quarter, but only 46% said it was a good time to buy, down from 57%.

When Wolters Kluwer asked bankers recently which regulatory concerns keep them up at night, 46% said "regulatory reform"—referring to new rules stemming from the Dodd-Frank Act and the Consumer Financial Protection Bureau.

The recent jump in mortgage rates has not impacted foot traffic at KB Home’s showrooms and it is not discouraging buyers.

The National Association of Realtors leading indicator of future home sales jumped 6.7% in May to the highest level since 2006.

The prices of loans supporting commercial mortgage backed securities decreased 60 basis points between the end of April and the end of May