Technology

The recent jump in mortgage rates has not impacted foot traffic at KB Home’s showrooms and it is not discouraging buyers.

The National Association of Realtors leading indicator of future home sales jumped 6.7% in May to the highest level since 2006.

The prices of loans supporting commercial mortgage backed securities decreased 60 basis points between the end of April and the end of May

Mortgages serviced by large national and federal savings banks supervised by the Office of the Comptroller of the Currency performed better in the first quarter than a year earlier.

The average for the 30-year fixed-rate mortgage jumped 53 basis points this week to its highest level in almost two years.

In an effort to simplify its mortgage process and improve compliance, BOK Financial has chosen DocuTech’s mortgage loan document software.

Mortgage purchases by Freddie Mac slipped in May for the second month in a row as refinancing activity continued to decline.

In this segment of a roundtable discussion from the 2013 Mortgage Bankers Association’s National Fraud Issues Conference, the panelists explain how a closing agent is now doing a vendors job verifying the information that is submitted on a loan application.

Some lenders are still operating under the old “fix it later” mentality.

The Miami Beach home of Centrust’s former chairman David Paul was sold for $30 million.