Technology

The members of the Mortgage Insurance Cos. of America wrote $10.5 billion in primary new insurance in January, down approximately 2% from $10.7 billion in December, but more than double the almost $5 billion written in January 2012.

Data show the distressed asset inventory is dwindling down simultaneously, opening the way to a sustainable housing recovery and gradually closing what appears to be a window of opportunity in short sales.

The Transforming Valuations Award recognizes technology advancement in the appraisal, broker price opinion or automated valuation sectors. Learn about this year's finalists and see who won the 2012 MT Award.

The national loan delinquency rate fell on a monthly and annual basis through January, Lender Processing Services said.

In 2012, data from RealtyTrac revealed that preforeclosure sales increased 6% on an annual basis, while REO sales fell 15% during this time period.

Specialized Business Software has enhanced its Docunym Document Management Solution tool to help mortgage servicers automate loan processing in compliance with federal and state level regulation.

The National Association of Realtors’ leading indicator of future existing home sales rose 4.5% in January to the highest level in nearly three years.

Mortgage lender and servicer New American Funding has chosen Ellie Mae’s mortgage management system.

The uncertainty regarding Italy following parliamentary elections is being cited by an executive at Zillow Mortgage Marketplace for the six basis point decline in the 30-year fixed-rate mortgage compared with last week.

Post-closing document management has taken on new importance in the mortgage industry, particularly in light of record foreclosure volume, the robo-signing scandal and subsequent regulations and scrutiny.