Technology

Contracts to purchase previously owned homes climbed in March by the most in almost three years, showing residential real estate was starting to stabilize entering the spring selling season.

In the perfect mortgage application process, the borrower could press a button and send out all the data, saying “I want to apply to these specific lenders.”

The Consumer Financial Protection Bureau unveiled a new pilot program on Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.

LRES has updated its DirectConnect platform designed to accelerate the valuation ordering process.

Flagstar Bancorp reported a significant first-quarter loss as its loan-loss provision more than quintupled.

MGIC Investment Corp., the No. 3 U.S. mortgage insurer, rallied after posting its largest profit since 2007, helping ease concerns that slowing home lending would weigh on results.

Mortgage applications fell for the fourth time in five weeks as fewer Americans made home purchases or refinanced their properties as borrowing costs rose.

With an increasing industry and regulatory emphasis on streamlined communication with borrowers, servicers should evaluate every opportunity to build efficiencies into their processes.

A new survey provides further evidence that continuing declines in mortgage origination volume have motivated lenders to ease credit standards.

Sales of previously owned homes fell in March for the third consecutive month as rising prices and cold weather discouraged would-be buyers.