Technology

FHA residential servicers completed 27,150 short sales during the first nine months of fiscal year 2012, a 65% spike in such transactions.

Loan brokers originated 11.3% of all residential loans in the second quarter, their best showing in almost two years.

An iPhone app released by Radian Guaranty allows users to check eligibility and calculate rates for the Philadelphia-based mortgage insurer’s products.

The Federal Housing Administration is bracing for a large spike in insurance claim payments now that servicers have adjusted to the requirements of the $25 billion robo-signing settlement with the nation’s attorneys general.

Restaurants are using CRM to cater to their regular customer preferences. Mortgage originators should do the same thing.

As other types of risk mitigation multiply, rewarding borrowers for continuing to pay on underwater assets continues to quietly gain traction.

Mortgage bankers saw new applications spike by 11% for the week ending Sept. 7—thanks to continued low interest rates.

Mortgage Guaranty Insurance Corp. wrote $2.5 billion of new insurance policies in August, a 4% increase from the month prior.

Astoria Financial has already originated more multifamily and commercial real estate loans this year than it did in all of last year.

Distressed asset liquidation timelines will continue to coerce the decision making process for both lender-servicers and homeowners.