Technology

Low-income consumers are more likely to have a mortgage broker or real estate agent influence their loan decision.

Zillow has reached an agreement to acquire HotPads, a map-based rental housing and real estate search engine, for $16 million.

Lenders interviewed by National Mortgage News this past week said volumes remain strong.

Mortgagors in the District of Columbia have the highest monthly mortgage payment in the nation, shelling out nearly $1,642 every 30 days.

Ellie Mae said that Susan Chenoweth Scarth has joined the company as senior vice president of marketing.

The taxman is allowing electronic signatures to be used for income verification documents, removing a lingering obstacle to paperless origination.

In September and August, issuance of Government National Mortgage Association MBS topped $39 billion each month.

• MT Awards Photos• Credit Unions Eye Mortgage• MERS Helps Code Compliance• Vendors Using Their Software

Using the “Course of Action Comparison.”

In July of last year BB&T expanded its reach into warehouse lending when it bought certain assets from the failed Colonial Bank.