Technology

The Mortgage Bankers Association lowered its 2014 origination estimate after a disappointing March report on home sales.

JPMorgan Chase said Friday it significantly downsized its mortgage operations while increasing the price on high loan-to-value loans to reflect higher default and servicing costs.

Wells Fargo posted a 14% rise in first-quarter earnings as fewer customers missed loan payments.

JPMorgan Chase said first-quarter profit fell 19% on lower revenue from fixed-income trading and mortgages, themes that may be repeated across Wall Street next week.

Mortgage lenders are retooling their approach to customer acquisition to increase business in a purchase-driven market.

Mortgage rates fell for the first time in three weeks, Freddie Mac said.

Legal Battles Took a Toll on JPMorgan Chase, but CEO Jamie Dimon is now urging investors to focus on the future. Among his top initiatives for 2014: making the most of big data and strengthening cybersecurity.

There is only one week remaining to submit a nomination for the 2014 Mortgage Technology Top 50 Service Providers.

The final deadline for nominations is 6 p.m. EDT Thursday, April 17, 2014.

Lenders are increasingly using the courts to foreclose on delinquent homeowners in states where it's not required to reduce the risk of falling afoul of new protections.

The USDA's Rural Housing Service is seeking congressional approve for a lender-funded update to its loan-guarantee program that will speed up loan processing.