Technology

For lenders it is a new era in which rates have risen and purchase mortgages have made a bit of a comeback.

New home sales plummeted 13% in July as the jump in mortgage rates and a limited supply of newly completed homes took a bite out of sales.

Gone is the day when homeowners had to physically visit the bank or title company office to sign loan documents in front of a notary.

Altisource Portfolio Solutions has entered into a definitive agreement to acquire real estate and mortgage software services provider Equator.

Real Estate Services and Technology Report has updated its loan disposition calculation software with the new HAMP guidelines that expand and extend the program through the end of 2015.

Home prices rose 0.7% in June, according to a house price index based on Fannie Mae and Freddie Mac purchase mortgage transactions.

The best states for good health and building real estate wealth are Texas, North Dakota, South Dakota, Utah, North Carolina, California, Tennessee, Montana, Wyoming, Iowa and Arkansas.

The 2013 Top Tech-Savvy Lenders and Servicers commends mortgage companies that use technology to improve processes, provide exceptional customer service and increase business. Mortgage Technology is pleased to announce the mortgage companies named to this year's list.

We're hearing a lot about the upcoming NFL season, with the first real games right around the corner.

Closed sales of existing single-family homes in Florida were up 17.5% in July over the same month in 2012 and pending sales were up 23.3%, while in Illinois home sales in July were up 28.5% over the previous July and median prices were up 14.2%.