Technology

It refers to integrating each step of the loan process, from pre-origination activities all the way through servicing to lien satisfaction, in a unified suite of software running on a common platform.

The Homes.com Rebound Report for May finds there are now 19 markets defined as “fully recovered” compared with 14 in April.

The Federal Housing Finance Agency reported that GSE refinancings fell nearly 10% from April to May and Home Affordable Refinance Program refis fell by 20%.

The Mortgage Bankers Association said it expects originations in the second half of the year to total $606 billion, up from the $527 billion it had forecast at the beginning of the year.

The estimated price of whole loans securing commercial mortgage-backed securities fell during June to 90.8% from 91.4% at the end of May.

The national delinquency rate spiked up in June after five straight months of declines.

Davis and Henderson's planned $1.2 billion acquisition of Harland Financial Solutions will make the Toronto-based company a significant player in the U.S. financial services technology market virtually overnight.

CoreLogic reported net income of $43.6 million for the second quarter, a slight increase from 2Q12’s $42.7 million.

Mortgage purchases by Freddie Mac rebounded in June but the share of refinancings dropped below 70% for the first time since December.

Institutional investors purchased fewer residential properties in June than a year ago, but these types of buyers will still be able to acquire single-family homes, condominiums and co-ops in certain markets.