Technology

Good communication is all about the sender and the recipient agreeing that they exchanged information and what that information was.

There was virtually no change in the Mortgage Bankers Association’s seasonally adjusted Market Composite Index, Refinance Index or seasonally adjusted Purchase Index for the week ended April 19.

Late additions and data gathering issues have added a few names to our list.

MortgageKeeper Referral Services has added resources to aid homeowners in case of natural disaster.

New home sales rose 1.5% in March after a 7.6% decline in the prior month.

Fannie Mae and Freddie Mac have begun the preliminary work to update the required data points and format that lenders submit to the GSEs’ respective automated underwriting systems.

House prices rose in February by 0.7% from the prior month, according to a house price index based on Fannie Mae and Freddie Mac purchase mortgage transactions.

The California Association of Realtors reported that the share of REO and short sales fell to 29% of sales in March from 33% in February.

Single-family home sales in Florida increased 9% in March over the same month last year while pending sales increased 23%.

Mortgage data is more valuable when delivered through the cloud because several people can use the data at the same time.