Technology

The average 30-year fixed-rate mortgage continued its slow increase during the week ending Aug. 23, rising four basis points to 3.66%.

Exploring five unique mortgage lending markets shows that while other countries have unique characteristics, there are also many similarities to the U.S.

Housing inventory remains tight and even the supply of distressed homes has been declining.

Many potential applicants are taking the first offer they receive on their mortgage, missing out on substantial savings.

Secure Settlements has developed a proprietary risk analysis software that references national databases and a risk rating system to verify closing companies and individuals in real time and provide a standardized evaluation and reporting platform for mortgage originators.

Sales were as hot as the weather in Houston in July as they were up for the 14th consecutive month.

According to new figures compiled by the Mortgage Bankers Association, the refi share fell to 80% of all new business, compared to 81% the week prior.

Scandals have tarnished the reputations of many large bank mortgage lenders and one expert believes they need to go back to being community lenders, the same niche their smaller competitors occupy.

Analysts at JPMorgan Chase expect the upcoming National Association of Realtors' report to show a 3% increase in sales from June to a 4.5 million seasonally adjusted annual rate in July.

Determining a portfolio’s exact level of risk is particularly challenging due, in part, to the sheer volume of data and information requiring thorough review.