Technology

Corporate landlords are benefiting from the worst rental-housing shortage in more than a decade as construction trails demand and more Americans opt to lease rather than buy.

Mortgage companies must properly vet their third-party vendors to ensure that there is no litigation, fraud allegations, or other risky behavior that might create risk for them.

The new estimate shows a 15% increase in purchase mortgage originations, compared to a drop in 2014.

Purchases of previously owned homes dropped more than forecast in November as residential real estate struggles to sustain its recovery even as borrowing costs remain low.

Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.

Spectrum Equity has made an investment for ExactBid for an undisclosed price.

Mortgage rates declined, keeping borrowing costs at the lowest levels since May 2013.

Refinancing volume rose for the fourth consecutive month in November, according to Ellie Mae.

The number of homeowners who were in negative equity just two years ago has fallen by more than 40% through the third quarter, according to data from Zillow.

Consumers who supposedly can't be credit scored are being evaluated using antiquated methods, so they can't qualify for a mortgage loan.