Technology

Social media expert says there is a trust hierarchy of marketing.

In fiscal year 2012 mortgage bankers funded $119 billion of VA-backed loans, up from $75 billion in FY 2011.

Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.

Although EverBank had a good quarter, it also wrote down the asset value of its mortgage servicing rights.

The technology that lets a user deposit checks by taking photos of them with his smartphone is being applied to mortgage documents, though with some limits.

The Mortgage Industry Standards Maintenance Organization named the leaders of two newly formed committees.

Blueberry Systems said that its Relay loan origination software now integrates with DocMagic’s document preparation and compliance technology.

Freddie Mac acquired $39 billion of mortgages from its seller/servicers in September, a 5% decline from the month prior.

CoreLogic reported net income of $36.2 million for the third quarter.

In 131 out of 212 cities that have a population of at least 200,000, third-quarter foreclosure activity fell year-over-year.