Technology

Problem: The bank's loan appraisal approver was suffering serious health issues due to overwork. Solution: Software that automates some of the appraisal review process.

A former GSE regulator is giving a big thumbs up for the Federal Housing Finance Agency’s plan to build a new securities platform that will replace the aging platforms Fannie Mae and Freddie Mac are currently operating.

An improving economy and a revitalized real estate market resulted in Massachusetts foreclosure activity dropping for the second straight month to begin 2013.

Inconsistent, manual or expensive platforms that do not assess a mortgage loan portfolio in its entirety are a thing of the past.

The TD Bank Mortgage Service Index found that over half of the participating consumers expect more from their lenders.

Manhattan apartment prices climbed in the first quarter as buyers competed for properties amid the biggest inventory decline in more than a decade.

Purchases of primary residences rose 17% in 2012 compared to the prior year, while purchases by investors slipped 2%, according to the National Association of Realtors.

Home prices ended the first quarter of 2013 similar to how they started the year: stable and in positive territory.

The percentage of consumers who were late on paying their home equity loans fell to 4.03%, their lowest level in three quarters.

New residential construction rose 2.2% in February following a 4.4% increase in the prior month.