Technology

After months of steady ups and downs, the delinquency rate for commercial mortgage-backed security loans has finally hit a wall.

There was a 21.6% decline in mortgage application volume on a seasonally adjusted basis during the last two weeks of 2012 as refinancings during the week of Dec. 28 were at their lowest point since April.

Zillow said that Chris Crocker is joining the company as vice president of strategic partnerships.

Delinquency rates on second mortgages and home equity lines of credit have been rising this year.

The Lasting Impact Award acknowledges an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that’s transformed mortgage finance. Learn about this year's finalists and see who won the 2012 MT Award.

The October residential shadow inventory level was 2.3 million units, representing a supply of seven months.

American Realty Capital-Retail Centers of America Inc. recently closed its acquisition of San Antonio-based San Pedro Crossing Shopping Center.

Inlanta Mortgage said that 2012 was its best year for new hires, with a total of 77 new employees over the course of the year.

Sales of existing houses and condos in the Phoenix area rose to the highest level for a November in seven years.

The National Association of Realtors is looking ahead for another good year with sales rising 10% in 2013.