Technology

ReverseVision, which operates the largest technology platform in the reverse mortgage industry, suffered an outage with its RV Express system because of a hardware failure. It's the second technology disruption for the San Diego-based vendor.

Arbor Commercial Mortgage has launched a proprietary online loan processing technology platform.

Stability is gradually returning to the housing market following the foreclosure crisis, according to Freddie Mac.

Contracts to purchase previously owned homes unexpectedly fell in December by the most in a year, a sign the industry’s recovery remains uneven.

The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed on the sidelines, giving the rental market a boost.

South Florida is inching closer to housing stability, according to a monthly report by Freddie Mac.

Mortgage interest rates rose by three basis points compared with the previous week, the first time there has been an increase since the last week of December, according to Freddie Mac.

Fannie Mae recently released its Collateral Underwriter automated risk assessment tool, which evaluates the risk associated with appraisals. It does not accept or reject appraisals, nor does it provide lenders with an estimate of a property's value.

If Zillow is allowed to acquire rival Trulia, the company says it will maintain both brands' websites.

Purchase loan volume increased in December, reversing a four-month decline, according to the mortgage data firm Ellie Mae.