Technology

Fannie Mae and Freddie Mac worked with more than 130,000 borrowers during the first quarter to help troubled borrowers who were at risk of foreclosure not lose their property.

There were also small increases in the number of jumbo, investor and higher loan-to-value ratio offerings, the Mortgage Bankers Association said.

Delinquency rates on home equity lines of credit rose last year and appear to be stabilizing.

ISGN CEO Ritesh Idnani explains how regulatory requirements often lead to new developments in mortgage technology.

The latest data from CoreLogic showed a drop in both foreclosure and shadow inventory figures, exemplifying more positive news in the nation’s housing recovery.

Incentive pay to executives and senior managers at independent mortgage banking companies increased significantly in 2012, compared to the leaner years.

Due to higher home price gains across much of the nation, continuous improvements in distressed market measures and greater consumer confidence, a more optimistic home value projection was made by Clear Capital.

Doorsteps, an online tool used by Realtors to educate prospective homebuyers, has widened its scope to be of use to bank loan officers.

Fannie Mae and Freddie Mac seller/servicers completed 106,900 HARP refinancings in April, up 8% from the month prior.