Technology

The house price index published by the Federal Housing Finance Agency has edged up three consecutive months.

Six out of 10 homeowners who received a loan modification stopped paying their mortgage again after 18 months, but there may be a modest silver lining buried in the high recidivism rates.

Loan brokers using table funding captured 9.9% of the origination market in the first quarter, a slight gain from 4Q when the sector had a 9.7% share, according to new figures compiled by National Mortgage News and the Quarterly Data Report.

Because IT requires a truly specialization of skills and experience, lenders and servicers should partner with experienced vendors.

A Texas community bank is leading a lawsuit against the Consumer Financial Protection Bureau.

Does the constant grind of impressing Wall Street investors hurt the ability of publicly traded companies like Ellie Mae to provide mortgage lenders with the best technology and customer service? According to Mortgage Cadence Chairman and CEO Michael Detwiler, it doesn’t help.

As investors look to capitalize on distressed mortgage portfolio opportunities, loan document questions and the role of MERS continue to arise.

Sales of single-family homes, condominiums and cooperatives fell to a 4.55 million seasonally adjusted annual rate in May from a 4.62 million rate in April.

Worsening economic indicators in the past week have driven the average weekly rate for a 30-year fixed-rate mortgage back downward to a new low of 3.66%.

Fitch Ratings has raised its ratings outlook for First American Financial and its subsidiaries to “positive” from “stable” because of the nation’s second largest title insurer’s capitalization, profitability and moderate financial leverage.