Technology

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%.

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.