Technology

Home loans lifted HomeStreet Bank (HMST) in Seattle in the third quarter. Earnings rose 40%, to $21.3 million, from a year earlier, the $2.5 billion-asset company said Monday.

The Department of Justice suit against Bank of America shows that beyond enforcement through regulators, lawsuits are increasingly focusing on the systems lenders use.

Even though more Massachusetts homes were sold in September, median prices slipped back below $300,000, according to data from The Warren Group.

Social media expert says there is a trust hierarchy of marketing.

In fiscal year 2012 mortgage bankers funded $119 billion of VA-backed loans, up from $75 billion in FY 2011.

Regulatory guidance that requires banks to write down the value of mortgages to collateral value in cases where the borrower has been through bankruptcy was a factor in the TCF's earnings.

Although EverBank had a good quarter, it also wrote down the asset value of its mortgage servicing rights.

The technology that lets a user deposit checks by taking photos of them with his smartphone is being applied to mortgage documents, though with some limits.

The Mortgage Industry Standards Maintenance Organization named the leaders of two newly formed committees.

Blueberry Systems said that its Relay loan origination software now integrates with DocMagic’s document preparation and compliance technology.