Technology

The mortgage application is a wealth of information for originators to use to help develop referral relationships with clients.

The new tool enables loan originators to not only ensure the loans comply with CFPB requirements before the loan application enters the system, but also offers a detailed compliance worksheet for loan officers.

Price-to-rent ratios in San Francisco, for example, are up almost 25% since 2012 and near an all-time high. Also, national prices are 15% overvalued, “in real terms,” according to the company.

Builders broke ground on fewer homes in December, especially in the West.

This figure is down 26% from the previous year and represents the lowest annual total since 2007.

Home value acceleration and residential real estate appreciation continued to steadily improve for the sixth consecutive quarter.

Builders remain confident about the sales outlook for 2014.

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by the lenders and servicers named to the Top Tech-Savvy Lenders and Servicers list. Learn about this year's finalists and the companies who voted for them.

Wells Fargo has a far larger purchase share than Bank of America, recent earnings show.

The Golden State experienced a rise in notices of default and foreclosure sales during December, while notice of trustee sales declined.