Technology

Colonial Savings installed new mortgage software and consequently tripled loan volume, cut costs and improved compliance without reducing headcount.

Loan buybacks fall to the lowest level in 5 years with $1.8 billion in the third quarter.

The Department of Veterans Affairs guaranteed 629,300 single-family loans in FY 2013, while the Federal Housing Administration experienced a decline in purchase mortgage loans.

The combination of rapidly rising home prices along with strong demand from institutional investors and other cash buyers means short sales are becoming less favorable for lenders.

Planwise is sharing its Spring platform, which provides listing and tax data, with real estate sites to attract homebuyers.

Government shutdown cited as factor in October decline.

Most U.S. adults’ opinion of homeownership has failed to waver over the past five years even though the return to a normal housing market has been slow, according to a NeighborWorks America survey.

Kareem Serageldin marked up the collateralized debt obligations to meet targets and boost yearend bonuses for his $5.35 billion trading book, prosecutors claimed.

Readers can now comment on virtually all (and soon, all) content on National Mortgage News’ website. The first comments from readers prefigure some lively interactivity to come.

U.S. foreclosure inventory through October is at its lowest point since the end of 2008, LPS data reveal.