Technology

National home values continued their year-long climb as prices rose in October for the twelfth consecutive month.

The recovery of the mortgage market relies partly on banks' ability to quickly sell the real estate properties they own to new buyers.

While banks applaud the Consumer Financial Protection Bureau's goal of simplifying the tangled mass of required mortgage disclosures, the industry has found that simpler is not always better in the agency's proposal for streamlined forms.

The residential finance division of JPMorgan Chase plans to roll out a new mortgage origination technology platform next year.

When it comes to certain things in the default industry, many folks seem to equate “leading edge” with anything paperless. Nowhere is this more true than in REO invoicing.

Negative equity in the third quarter experienced the largest quarter-over-quarter decline since the first three months of 2011.

The Government National Mortgage Association has loss reserves of roughly $357 million.

Builders are reporting increasing demand for new homes as inventories of foreclosed and distressed properties begin to shrink in markets across the nation.

Navy Federal Credit Union said it funded $1 billion of residential loans in October, a record for the company.

The median price of a home sold was $178,600 in October, up 11% from a year ago.