Technology

The tamper-evident electronic mortgage seal gets put to the test.

The Federal Deposit Insurance Corp. reported that banks and thrifts originated $186 billion of closed-end single-family loans in the second quarter through retail means, compared to $170 billion in the first.

The roots of the mortgage crisis stretch back to 1996 with the introduction of Freddie Mac’s Loan Prospector and Fannie Mae's Desktop Underwriter automated underwriting systems.

The Case-Shiller house price index rose 2.3% in both June and May on a nonseasonally adjusted basis and all 20 cities featured in the index posted month-over-month increases in both June and May.

The “real” homeownership rate has fallen to its lowest level in almost 50 years.

Fannie Mae Chief Economist Doug Duncan explains the impact that housing is having on the U.S. economy.

The National Association of Realtors is forecasting that the vacancy rate on multifamily dwellings will fall to 4.2% this quarter compared to 5.6% a year ago as high demand outstrips supply.

Lender Processing Services and RentRange will offer rental property income data to mortgage servicers, investors and others who need it to make informed decisions about distressed housing assets.

Residential Capital Corp./GMAC Mortgage has hired Steve Hewins as vice president in charge of vendor strategy and governance.

Data integrity is the key to compliance with the Dodd-Frank Act.