Technology

Freddie Mac CIO Robert Lux shares his thoughts about the GSEs’ Uniform Mortgage Data Program.

The discussion in a number of panel sessions at the Mortgage Bankers Association National Secondary Market Conference in New York on May 6 through 9, was if, let alone when, private capital would return to the industry. In the exhibit hall, much of the vendor focus was on technology and compliance which would ease that transition. Nary a wholesaler or correspondent aggregator was exhibiting.

Residential home values experienced a meager 0.2% increase in February with the average sales price coming in at $195,000, according to new figures compiled by Lender Processing Services.

Residential lenders issued $36.4 billion of Government National Mortgage Association MBS in April, a 25% spike from the prior month, according to new figures released by the agency.

Experian has agreed to sell a trio of consumer comparison shopping sites, including mortgage lead generation site LowerMyBills.com, to Ybrant Digital, Hyderabad, India, for $175 million.

The Consumer Financial Protection Bureau has hired Chris Peterson from the University of Utah, adding a formidable critic of mortgage securitization practices and payday lending to the young agency's staff.

Deploying dual monitors improves the transition to paperless.

Before implementing a mortgage tech strategy, lenders and servicers need to execute a hardware strategy.

Industry vendor CoreLogic has decided to close its appraisal management company in Danvers, Mass.

The tool provides investors with property-level information to make business decisions regarding which properties to possibly buy and convert into rental units.