Technology

Old Data is dead, long live New Data.

The U.S. homeownership rate dropped to 65% in the first quarter, the lowest rate since 1995.

Since the economic downturn mortgage fraud has been a prevalent issue plaguing the housing industry for several years.

For the past decade, the social media scene for originators has been compared to the Wild Wild West.

House prices edged up 0.3% from January to February on a non-seasonally adjusted basis.

Worries over fraud, as well as the Consumer Financial Protection Bureau holding lenders responsible for the actions of the third parties they use, is what is behind programs to vet title agents.

The National Association of Realtors’ leading indicator of future existing home sales increased in March, but contract activity in recent months is only improving modestly.

The banks object to a consolidation, saying each of the cases has separate claims, defendants, originators, disclosures, loans and evidence.

Rockville Financial said adding an online mortgage application was one of the reasons the bank holding company had a 74% increase in originations in the first quarter.

Mortgage Grapevine poster Jusross is unhappy with the online mortgage application software he is using.