Technology

Home sales probably rose in April to the highest level in more than three years, extending gains in residential real estate that are giving the U.S. expansion a lift.

The state of e-mortgages is now poised to take a quantum leap forward.

San Francisco is considered to be the least affordable market in the nation for housing.

New compliance requirements don’t typically inspire the most innovative technology enhancements in the mortgage industry. But the upcoming overhaul of borrower disclosure forms has created an opportunity to re-engineer the way lenders and title companies execute mortgage closings, according to Document Systems Inc. CEO Dominic Iannitti.

In the past two years, 85% of Hispanics were engaged in online banking, compared to 74% of all U.S. households.

LendingQB has put the guidelines from four of the six private mortgage insurers onto its loan origination system’s automated underwriting engine.

With regulatory reform, the secondary mortgage market as well as the primary one will have heightened liability when it comes to loans.

As a result of the new qualified mortgage rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.

The National Association of Realtors is projecting that existing home sales will rise 16% from 2012 to 5 million this year.

When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.