Technology

One economist has noted that rising mortgage rates have pushed some buyers into the market.

Treasury losses are being matched this month by declines in mortgage-backed securities as the Federal Reserve prepares to reduce purchases of both securities as soon as September.

Monona State Bank in Wisconsin has selected Ellie Mae’s mortgage software.

CoreLogic has added a new online pool tracking service to all of its data validated broker price opinions to help clients view the status of their orders in a timely manner.

Matt Woolley, vice president of sales at LoanLogics, said lenders selling their loans are getting away from a “ship and hope” mentality, leading to better business relationships with investors and ultimately better prices.

Nearly all the individual real estate investment trusts investing in agency single-family mortgage-backed securities suffered quarter-to-quarter losses in book value due to market volatility.

The new name, the company said, builds on the reputation and name recognition of Guardian Mortgage Documents, which LenderLive acquired in September of 2008.

In July, year-over-year home prices increased by 6%, which represents the 14th straight month of annual appreciation.

We're hearing technology may be key to helping property inspection and maintenance professionals manage foreclosed homes while keeping up with changing regulations and investor requirements.

Existing home sales in California rose 7% in July from June and by 1.5% over July 2012.