Technology

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.

Consumer attitudes toward housing and the overall economy are on opposite tracks, according to Fannie Mae’s latest national housing survey.

Genworth U.S. Mortgage Insurance has created a rate and comparison tool for loan officers.

As the housing market heads into the busy spring selling season, signs are not looking good for prospective buyers looking to purchase a new home.

The housing sector is once again proving to be “The Little Engine That Could.”

New technology brings the promise of improved processes—and most lenders understand that.

Residential real estate brokerage ZipRealty has released a proprietary technology tool designed to verify for consumers the sales status of homes they find online.

Redfin added that increased offers does not necessarily mean increased sales because of the supply shortage.

For at least the past 25 years the residential mortgage industry has gone through one refinance-driven boom-and-bust cycle after the other.