Technology

Existing-home sales rose in August for the third consecutive month while the median price paid for a house increased for the sixth straight month.

Roughly 58% of LOs told Hammerhouse that they consider their compensation “fair and compliant,” while 56% said their firms consistently meet “industry service standards.”

Mortgage Builder is set to release the latest version of its loan origination system.

Single-family housing starts jumped 5.5% in August to their highest level in more than two years with home building executives starting to feel good about their future.

Mortgage applications were just about flat for the week ending Sept. 14, but refinancings—thanks to the HARP program—are on the rise.

Sales of existing homes rose 2.5% in August on a nonseasonally adjusted basis, after falling 10% in July.

Lending to investors and second-home buyers rose 10% in 2011 while overall purchase money transactions fell 5%, according to new origination figures culled from Home Mortgage Disclosure Act reports.

There’s growing evidence that the second lien market is beginning to gain traction. But don't look for any 80-10-10 products quite yet.

It is no secret that the changing market landscape has created new opportunities and threats for mortgage bankers.

Altisource Portfolio Solutions has replaced its GoHoming online real estate marketplace with Hubzu.com.