Technology

Prices for single-family homes climbed in 74% of U.S. cities in the first quarter, fewer than a year earlier, as the nation’s housing rebound cools.

D.R. Horton said it paid $210 million for the homebuilding operations of Crown Communities, the largest residential developer in the Atlanta area, where new-home demand is still recovering from the recession.

Mortgage originators have been slow to adopt this tool which can assist in educating potential clients about your products and services.

HSH.com, a New Jersey-based publisher of consumer loan information, released an online tool to help consumers calculate the cost of a mortgage.

Mortgage rates for 30-year loans fell to a six-month low, reducing borrowing costs for homebuyers as the property market cools amid a slow economic recovery.

Mortgage debt held by the elderly has soared over the past decade, driven in part by the foreclosure crisis, the Consumer Financial Protection Bureau said in a report.

Mortgage applications increased 5.3% for the week ending May 2, according to the Mortgage Bankers Association.

Commercial and multifamily mortgage loan originations fell by 45% in the first quarter from the previous quarter, according to the Mortgage Bankers Association.

The title giant is betting it can capitalize on growing demand for technologies that will help lenders stay competitive. The challenge will be doing so without getting stung itself by the industry's regulatory and volume problems.

The Federal Housing Administration's new electronic signature policy contains confusing language that could stifle lender adoption, despite its good intentions, paperless-mortgage advocates warn.