Technology

Ellie Mae has a program called EllieCares, where they have corporate volunteer projects. Over the past four years more than 70% of Ellie Mae’s Bay Area staff has participated in company-affiliated volunteer efforts.

The New York Association of Mortgage Brokers recently convened its annual wholesale meeting where its leadership was heartened by the resurgence in wholesale.

The zigzag pattern of the stock market continued on Friday as 15 of 17 Mortgage Industry Equity Composite stocks closed lower.

Sales of California homes and condominiums rose 8% in May from the prior month, according to DataQuick.

The prevalence of short sales is likely the most significant factor impacting foreclosure rate improvements and the housing recovery.

The Orion Financial Group has introduced i3, a proprietary mortgage document imaging and storage services software for small to medium-sized investors.

Home prices in Texas have recovered from the housing downturn as they are now 7% above the pre-recession peak recorded in the fourth quarter of 2007.

For the most part, qualified mortgage/Ability-to-Repay guidelines should provide a level of compliance certainty. But are they still too severe?

Regulators, creditors, accountants and shareholders all have increased focus on this asset. Basel III implementation may further exacerbate this.

Stock prices rise as investors regain confidence over the Federal Reserve bond buying program ending.