Technology

According to new figures compiled by the Mortgage Bankers Association, the refi share fell to 80% of all new business, compared to 81% the week prior.

Scandals have tarnished the reputations of many large bank mortgage lenders and one expert believes they need to go back to being community lenders, the same niche their smaller competitors occupy.

Analysts at JPMorgan Chase expect the upcoming National Association of Realtors' report to show a 3% increase in sales from June to a 4.5 million seasonally adjusted annual rate in July.

Determining a portfolio’s exact level of risk is particularly challenging due, in part, to the sheer volume of data and information requiring thorough review.

Attus Technologies, a provider of regulatory compliance products, has introduced six new Dodd-Frank Act planning and mortgage reform compliance self-assessment modules to its Managed Compliance Service.

Given the pace and complexity of changes impacting the mortgage industry, getting it right the first time can be quite a challenge.

When faced with a regulatory change that impacts business operations, there are two ways to view the challenge: as a crisis or as an opportunity.

A plug-in developed by Quandis enables attorneys to verify whether borrowers are protected by the active duty provisions of the Servicemembers Civil Relief Act from an Excel spreadsheet.

Sales in the top 50 master-planned communities accounted for roughly 5% of all new home sales last year.

A survey released by Ellie Mae found that bankers remain concerned about regulation and compliance costs, but many believe they can benefit from reduced competition and other lenders are forced out of the mortgage business.