Technology

Approximately 29% of American homeowners do not have any debt on their primary residence.

A recent jump in long-term rates and bond yields increased the Freddie Mac average for the week ending Jan. 10 by six basis points from the previous week.

Regulators are focusing on what an executive with the Compliance Group termed “misleading and deceptive advertising,” but what that exactly means is left up to the interpretation of the enforcement agency.

The MLS Data Co-op enables data-sharing relationships among several different multiple listing services.

For smaller originator The Bank Mortgage Network, the struggle to stay legal and in business has led to a strategy that includes a nod to high-tech manufacturing.

Quicken Loans set an all-time company record by closing more than $70 billion of retail home loans last year.

Economic growth will slow to 1% in the current quarter from 3% in the fourth quarter of last year, but that will not stop the recovery in housing.

Clear Capital revealed that national price gains increased year-over-year in December by 4.9%, but are still off their peaks by 37.6%.

Even though the rates for the 30-year fixed-rate conforming mortgage rose to their highest level since November, application volume was up 11.7% for the week ended Jan. 4, according to the Mortgage Bankers Association.

Citibank Small Business has come out with 10 ideas that mortgage industry participants need to seriously consider in order to stay competitive.