Technology

The Census Bureau reported that single-family starts rose to a 539,000 seasonally adjusted annual rate in June, up from a 515,000 rate in May.

While the basic mortgage jobs picture has been flat, there are variations within it. Mortgage banking firms have lost 6,000 jobs, while mortgage brokerages have gained 6,000 jobs.

With the bucket-load of regulations coming down the pike toward mandatory implementation in our industry, it’s time to track, measure and quantify experience while simultaneously speeding the process, complying with changing rules, and recovering the most dollars.

The economy is in the tank and thousands of people are out of work. In the U.S., given the slow recovery, the housing crisis continues.

Since the start of this year, house prices have risen 2.5% through April 30.

• Self-Service Mortgage• Retaining MSRs• UMDP Expands• Expert Industry Commentary

Lenders Compliance Group is using Veros Real Estate Solutions' collateral integrity analysis product for prefunding and post-closing audits, early payment defaults, high default due diligence, as well as warehouse bank and portfolio reviews.

During a conference call one analyst suggested that Wells Fargo could originate $170 billion of single-family loans in the third quarter based on its conversion rate of applications-to-closed loans.

Merscorp Holdings will provide the state of Delaware’s Department of Justice Consumer Protection Unit a semi-annual report detailing results of its internal audits.

CoreLogic and FICO released the FICO Mortgage Score Powered by CoreLogic, a new offering that evaluates the traditional credit data from the national credit data repositories and the supplemental consumer credit data in the CoreLogic CoreScore.