Technology

The guarantee fees collected by Fannie Mae and Freddie Mac could be used as a tool to moderate the boom and bust cycles in the housing market, according to a new report by a Treasury Department office.

Social media broadly distributes information to users of financial services, yet also creates a new sphere for potential compliance risks, especially for servicers.

Credit Karma has begun offering on-demand access to credit reports from Equifax.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.

Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.

The ongoing push for more robust loan data will continue in 2015, as market participants across the mortgage lifecycle adopt new regulatory requirements and take advantage of recent developments in paperless processing and self-service capabilities.

The Online Originator Award acknowledges a lender that has demonstrated a commitment to using Web-based technologies to generate borrower leads and convert them into closed loans. Learn about this year's finalists and see who won the 2014 MT Award.

The nation's largest banks have attacked their delinquent loan portfolios with gusto, but they may hit some barriers in 2015. The market for nonperforming loans is still robust with about $60 billion estimated to change hands in 2014.

The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending — and some risks. Here's the downside to the move and how lenders can mitigate related concerns.

The Release of the Year Award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.