Technology

It may take several years, but the Rural Housing Service is on a path to modernize its single-family program and give lenders more responsibility for approving and closing loans.

Regions Financial Corp. has agreed to pay $52.4 million to settle allegations that it violated the False Claims Act by originating and underwriting mortgages that did not meet Federal Housing Administration requirements.

Altisource's default software subsidiary Equator has launched a new suite of tools for real estate agents to provide insight into the market of bank-owned properties.

Altisource has expanded its offerings to include foreclosure auction services.

A UBS Group AG unit suffered a setback in a $2 billion lawsuit over allegedly defective mortgages after a judge said it violated contracts with three mortgage-backed securities trusts.

First American Financial Services has reached an agreement to acquire RedVision Systems, one of the largest independent providers of title and property research nationwide.

International Document Services has bought electronic mortgage services vendor Encomia, in its first acquisition since it became part of Reynolds and Reynolds last October

It's no secret that subprime lending played a heavy role in the demise of the mortgage broker. But to truly understand how brokers rose to prominence, it is helpful to look back to the channel's beginnings. Here's a look at three data points that sum up the rise and fall of the mortgage broker.

In order for the mortgage industry and its technology to evolve in the future, lenders and servicers must redefine their expectations for connectivity and demand more open integrations between the systems they use.

To commemorate the 40th anniversary of National Mortgage News, we look to the future of the mortgage industry — a future that lies at the intersection of people, policy, technology and capital.