Technology

Despite home price increases taking place in many real estate markets this year, potential sellers are still reluctant to list their properties for sale, therefore creating tight inventories for prospective buyers.

An improved customer experience isn’t the only reason to go paperless—lenders can realize great efficiencies and cost-savings too.

The members of the Mortgage Industry Equity Composite saw a more muted version of that enthusiasm, as 11 of the 17 stocks closed up.

In today’s competitive environment, efficiency is everything. In short, the days of paper-based processes are quickly coming to an end.

Although Fitch has been worried about loosening underwriting standards in the commercial mortgage-backed securities market, it finds that so far delinquencies for CMBS 2.0 “remain virtually nonexistent.”

The recovery in the housing market will continue to strengthen this year and next year, according to a group of bank economists.

Prospective homebuyers and real estate investors who are having difficulty purchasing a property due to a lack of available inventory still have another option to choose from: fixer-uppers.

Mortgage companies added 3,000 full-time employees to their payrolls in April following 2,500 new hires in the prior month.

Fidelity National Financial’s proposed acquisition of Lender Processing Services will create a larger, more diversified revenue base, said A.M. Best.

Buyers are looking for new homes more urgently as rates continue to rise.