Technology

VantageScore Solutions has reconstructed its credit scoring model both to aid lender implementation and consumer understanding.

Real estate information provider DataQuick has introduced a new set of portfolio analytics.

Commercial and multifamily debt outstanding increased nearly $30 billion during 2012, with a 4Q12 increase of nearly $22 billion, the Mortgage Bankers Association said.

Technology Credit Union has increased its lending limits on super jumbo loans up to $8 million on ARMs and $3 million on fixed-rate mortgages.

Federal Reserve Gov. Elizabeth Duke said the improving housing market shows that the central bank’s $85 billion in monthly purchases are working to boost the economy.

C3 Compliance Consultants Inc. and industry vendor ComplianceEase have agreed to a joint marketing arrangement.

2013 is the year the housing market will see even stronger recovery.

Mortgage companies cut their payrolls by 2,000 full-time employees in January after hiring 2,700 in December.

Freddie Mac purchased $43 billion in mortgage loans and securities in January, up 38% from the month prior.