Technology

JPMorgan has another prime jumbo mortgage-backed securities deal in the pipeline, according to three companies’ presale ratings reports.

Lender Processing Services has had a turbulent couple of years since the beginning of the robo-signing scandal from 2010 to the present day that included lawsuits, a consent order and several settlements of charges. The robo-signing allegations involved an LPS unit that allegedly created bogus mortgage assignments so that foreclosures may be processed more quickly and efficiently.

Home prices jumped 1.3% from February to March as the spring home buying season got off to a good start.

Potential homebuyers are worried about the inventory shortage and rising prices in regards to current market conditions.

New home sales rose 2.3% in April following an upward revision in March sales and prices rose at a fast pace.

Despite the national negative equity rate falling through the first quarter of 2013, millions of homeowners with mortgages that are not underwater still lack enough equity even if they wanted to move.

Lender Processing Services is in talks to be acquired by title insurer Fidelity National Financial and private equity firm Thomas H. Lee Partners in a $2.9 billion deal.

Quandis’ valuation system is completely Web-based and enables asset management outsourcers to manage the placement, receipt, distribution, processing and automatic delivery of broker price opinion orders in one automated platform.

Technology platforms incorporating mobile devices are tailor-made for CRE—the time is now.

More than 3.1 million housing units are delinquent but not in foreclosure.