Technology

Freddie Mac acquired $39 billion of mortgages from its seller/servicers in September, a 5% decline from the month prior.

CoreLogic reported net income of $36.2 million for the third quarter.

In 131 out of 212 cities that have a population of at least 200,000, third-quarter foreclosure activity fell year-over-year.

Is there any mortgage lender that should turn up their nose at a pot of $100 billion in mortgages? Don’t think so.

Flagstar posted gain-on-sale income of $334 million in the third quarter, an impressive 57% increase from 2Q.

Upbeat meeting tempered by an uncertain future.

Global DMS has launched its Global Unity Project, an initiative that seeks to create seamless integrations with all of the major loan origination systems.

A heightened focus on due diligence and loan file reviews has made it imperative for lenders to incorporate quality control technology and processes that can minimize repurchase risks.

Kofax has introduced Mobile Capture for Mortgage, which the company says speeds the loan approval process, improves accuracy and lowers processing costs.

New-home sales rose to a seasonally adjusted annual rate of 389,000 units in September, the highest reading since April 2010.