Technology

Navy Federal Credit Union unveiled two new ARM products: a 3/5 and 5/5 conforming (or jumbo) loan with start rates as low as 2.875% (2.943% APR).

All regions except for the Midwest showed positive results regarding home values for the latest rolling quarter—the most recent four months compared to the previous three months—and year, Clear Capital said.

Applications to refinance returned to highs last seen in February as a new round of record-low contract rates helped drive new business upward by 1.3% on a seasonally adjusted basis for the week ending June 1.

Property valuation compliance requirements are challenging lenders and servicers as much as home price fluctuations.

Regulatory pressures have given the mortgage industry headaches along with a renewed motivation to create more efficient solutions.

As Fannie Mae's July 1 deadline approaches, lenders and servicers must meet the GSE's requirement to satisfy homeowners association claims in order to preserve their first lien position.

If you are uncertain on the future of your LOS and vendor partners and feel like you are navigating a landscape that you can barely recognize, you are not alone. The good news is that you have options.

Home prices—including distressed sales—increased in April for the second consecutive month (by 2.2%), the first time this has happened in almost two years.

Wil Armstrong, CEO of Blueberry Systems and chairman of Cherry Creek Mortgage, discusses how origination technology can help lenders' retained servicing strategies.

Are the instructive lessons of the past sufficiently integrated into current industry business models and strategic planning?