Technology

Overall, consumers gave the industry an average score of 761 (on a 1,000-point scale) in 2012, up from 747 in 2011.

Origination volumes declined 7% from a year earlier and 17% from the second quarter.

There is not a set time frame for the specified pool data to go live, but it has been approved and will be moving forward.

Interthinx has expanded its suite with a new MERS compliance audit service.

Unless there is a recession the nation could see a mini-boom in new home construction as housing inventory falls.

Nationwide, new applications rose 12.6% on a sequential basis. During the first week of the hurricane business fell 5%.

RES.NET has added a new feature to its buyer portal application, allowing prospective homeowners the opportunity to search for properties that have not been advertised on the multiple listing service.

Loan modifications continue to be a smart move politically and from a risk management perspective, and new technology is aimed at streamlining the way qualifying documents are moved between borrowers and loan servicers.

The Treasury Department reported that servicers completed 47,100 Home Affordable Modification Program restructurings in the third quarter, down slightly from 49,950 in 2Q.

Total losses in 3Q came to $490 million, up 6% from 3Q11, but down 11% from 2Q12.