Technology

The housing market will resume its recovery in 2015 after a "disappointing" year as sales accelerate, construction increases and mortgage credit eases.

Mortgage applications decreased last week despite several lenders now offering interest rates below 4%.

The amount of commercial and multifamily mortgage debt outstanding rose to a record high in the third quarter, according to the Mortgage Bankers Association.

New-home construction exceeded a 1 million annualized pace in November for a third consecutive month, continuing a slow recovery in the housing market.

Mortgage fraud remains a national problem as loan applications have seen misrepresentations increase on an annual basis for three consecutive years, according to LexisNexis Risk Solutions.

Lenders concerned about maintaining vendor oversight compliance may require title insurance and settlement firms to adopt the American Land Title Association's quality standards, even though the industry guidelines are only voluntary.

Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.

A recent decision by the National Labor Relations Board, drastically changes the rights of employees using company email and requires players to review and revise electronic communications policies.

The private equity firm Aquiline Capital Partners has reached an agreement to become the majority investor in LenderLive Network.

Confidence among homebuilders hovered in December close to a nine-year high, indicating the residential real estate recovery continues to make progress.