Technology

Mortgage rates fell for a second week, holding at the lowest level in more than a year and a half, as declining financing costs boost loan demand.

The Green Lender Award acknowledges a lender that uses technology to promote sustainable and environmentally conscious business practices in the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

Government-backed U.S. mortgage bonds are off to their worst start relative to Treasuries since at least 1997 as investors in the $5.5 trillion market brace for a surge in homeowner refinancing.

The number of homes in some stage of foreclosure dropped 36% in November compared to the previous year, according to a report Wednesday from CoreLogic.

As banks look to cuts costs and improve efficiency, many are actively trying to reduce the number of times they "touch" a loan file. The goal: get the application right the first time so it doesn't have to be sent back to the underwriter for time-consuming and costly fixes.

KB Home fell the most in almost three years after saying its fiscal first-quarter gross margin will narrow significantly and that it's unlikely to meet its goal of a 20% margin for 2015.

The Consumer Financial Protection Bureau is launching a toolkit on Tuesday that will help consumers shop for a mortgage by finding the best rates in their area based on data the agency gathers from lenders.

Lenders need to use nontraditional means of measuring a borrower's likelihood of default.

There remains a clear difference in the housing recovery among home price tiers, according to the November Mortgage Monitor from Black Knight Financial Services.

As we enter the new year, there is a real possibility that we'll be saying good-bye to historically low interest rates and the refinance business that has sustained many firms.