Technology

An originator posting on the Mortgage Grapevine is asking how many files per month his processor should be handling.

The gap between the listing price for a property and the actual closing price continues to narrow in the U.S.

A record number of consumers utilized MortgageKeeper Referral Servicers’ database in January.

The Bay Area housing market had the strongest January sales in six years and the tenth straight year-over-year increase in the median sale price.

Tight inventories and winter weather are taking the steam out of home sales.

Ellie Mae posted net income of $4 million off revenue of $29.9 million for the fourth quarter of 2012.

Investors sold off their holdings of Ellie Mae in anticipation of the company’s fourth-quarter results.

QuestSoft reports so far this year a record number of lenders have filed early data required by the Home Mortgage Disclosure Act and the Community Reinvestment Act.

Community banks are feeling the pressure to comply with new lender-placed insurance requirements and following the example of large banks that already rely on automated regulatory compliance solutions.

FICO has launched an analytic solution that combats first-party and third-party application fraud which reportedly costs credit grantors in the U.S. more than $6.7 billion a year.