Technology

Fiserv and ChannelNet have added a feature to LoanLink, their borrower self-service tool, that lets distressed consumers apply online to restructure their mortgage or installment loans.

Wolters Kluwer Financial Services will launch a suite of training tools to help lenders comply with the Consumer Financial Protection Bureau's new integrated mortgage disclosures.

SharperLending, which runs a platform where lenders order settlement services from vendors, now offers employment and income verifications through The Work Number.

Applications for loans to purchase newly constructed homes were down 5% in June from the month before, according to Mortgage Bankers Association data.

Churchill Mortgage has launched an employee training program that focuses on the housing needs of borrowers who are 18 to 34 years old.

Mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.

Lack of funding confidence is why many longtime mortgage professionals are jumping ship and hitching their wagons onto new companies.

Mortgage applications rose last week led by an uptick in purchases even as 30-year interest rates climbed.

The nation's inventory of homes in some stage of foreclosure declined 4.8% in May from April, the 31st straight month-to-month drop, CoreLogic reported.

National mortgage banker GMH Mortgage Services is opening a wholesale lending division.