Technology

Synovus Financial recently sold a batch of nonperforming and substandard loans backed by real estate assets.

Bank of America has roughly 10 million servicing customers.

Thirty-one percent of renters said they plan to buy a home in the next two years, compared with 28% in May and 22% for January 2011.

Fay Servicing has added Personal Budget Analysis to its menu of mortgage borrower financial health analysis options.

The Fix-It Award recognizes technology that provides an effective solution to a specific industry problem, need or channel. Learn about this year's finalists and see who won the 2012 Fix-It MT Award.

Loan production expenses, which include commissions and compensation, increased to $5,163 in 3Q from $5,128 in the second quarter.

The privately held Provident Funding Associates also ranks ninth among all residential originators and is poised to become the largest wholesaler once Wells Fargo exits the space.

With apologies to Bon Jovi, here are tips on how to successfully work leads.

DocMagic Inc. promoted Steve Ribultan to director of business development.

There’s a new trend among technology vendors that mortgage lenders would be smart to get a handle on.