Technology

KossREsource.com, an online information portal for the commercial real estate industry, has gone live. Among the features of the site is an extensive database of debt and equity financing alternatives which is user driven.

Lender Processing Services will acquire mortgage origination technology developer LendingSpace in a deal expected to close later this month.

Closed-escrow home sales in the Las Vegas-Paradise metro area in May jumped 6.1% to 4,829 from the month before, representing a 5.7% increase for the month on a year-to-year basis and a high not seen during that month in six years.

If you think there couldn't possibly be yet another new requirement facing servicers, think again.

The crisis in mortgage lending and the anger that followed the robo-signing scandal has become a crisis of paper.

Some friends and I recently decided to do a "staycation" in Scottsdale, Ariz. The experience was horrendous, but they taught me several valuable lessons about our industry.

House prices rose 1.8% in May as the CoreLogic house price index registered its third consecutive monthly increase this spring, and its new pending HPI is indicating that prices will rise another 1.4% from May to June.

Attorney Robert Maddox, who represents Ally Financial, calls the landmark foreclosure settlement earlier this year "a Trojan horse for the government to fix perceived problems in mortgage servicing" but others dispute the view that the punishment was too severe.

CoreLogic released numbers showing there were 63,000 completed foreclosures in May, compared to 77,000 finished foreclosures during the same time period last year.

The nomination deadline for the 2012 Mortgage Technology Awards has been extended until 12 p.m. EDT Tuesday, July 10.