Technology

Mortgage rates fell, sending costs for 30-year loans to the lowest since early February as the Federal Reserve confirmed its commitment to provide support for the economic recovery.

B of A caught observers off guard by announcing $6 billion in mortgage litigation expenses, but the move is an attempt to convince analysts and investors that there is an end in sight to its crisis-era legal woes. It just might work.

If it wasn't a malicious attack, what else could have overwhelmed the mortgage loan origination software vendor's servers at a time when originations are in the doldrums?

Mortgage applications, including requests for refinancings and for home purchase loans, rose from the previous week for the week ended April 11.

As the rest of the housing industry recovers, a little-known firm with a key role in mortgage finance remains stuck in limbo, wrestling with regulators, lawsuits and the departures of senior employees.

A survey by the Mortgage Bankers Association points to a solid increase in March new home sales after a slow start to spring selling season.

From hyper-personalized "one-to-one marketing" to ad campaigns that narrowly target veterans, originators are seeking vendors' assistance in their efforts to retain and grow volume.

The Consumer Financial Protection Bureau has invited consumers to complain about getting a mortgage and it is getting plenty of responses.

Mortgage lending is contracting to levels not seen since 1997 as rising interest rates and home prices drive away borrowers.

Some nonmortgage technologists think lenders are behind the times when it comes to reaching consumers, and they can help.