Technology

Sales of California homes and condominiums rose 8% in May from the prior month, according to DataQuick.

The prevalence of short sales is likely the most significant factor impacting foreclosure rate improvements and the housing recovery.

The Orion Financial Group has introduced i3, a proprietary mortgage document imaging and storage services software for small to medium-sized investors.

Home prices in Texas have recovered from the housing downturn as they are now 7% above the pre-recession peak recorded in the fourth quarter of 2007.

For the most part, qualified mortgage/Ability-to-Repay guidelines should provide a level of compliance certainty. But are they still too severe?

Regulators, creditors, accountants and shareholders all have increased focus on this asset. Basel III implementation may further exacerbate this.

Stock prices rise as investors regain confidence over the Federal Reserve bond buying program ending.

A report from Fannie Mae said while the nation’s economy may be growing, it hasn’t reached its full potential yet due to fiscal headwinds.

The median price paid for a home in the nine-county San Francisco Bay Area in May was $519,000, up 1.8% from $510,000 in April and up 29.8% from $400,000 in May 2012.

Barclays is forecasting a year-to-year 9.7% rise in U.S. home prices by the end of 2013 and a 7.2% increase in 2014, based on first-quarter data.