Technology

Construction of new single-family homes fell flat in March after dropping 9% in February, according to government figures released Tuesday morning.

Technology vendor Fiserv has named an Ally Financial executive as its new chief information officer.

• FHA/IRS E-Sign
• Social Media Success
• Hardware Trends
• Multifamily Origination Tech

As depositories continue to balance the need for conserving resources with expanding their presence with branch locations, some technologists believe that video conferencing would likely become a bigger trend for mortgage originators.

Bank of America wants to clear out the backlog of distressed homes in Florida by using technology to speed up short sale approvals.

JPMorgan Chase and Wells Fargo & Co. each reclassified more than $1 billion of mortgages as nonperforming loans at the urging of regulators in the first quarter - even though the loans are still in good shape, their executives said.

Mortgage lenders issued $29.2 billion of GNMA MBS in March, up 5% from the prior month as securitizations of jumbo and multifamily loans surged, according to new figures released by the government.

Over the past two months National Mortgage News has been reporting on a mysterious warehouse lender called eWarehouseOne. Late this week we learned that Anthony J. Simich, a division vice president for the firm - and one of few employees there who actually returns phone calls and emails - resigned.

One of the easiest ways to get my attention is to follow me on Twitter and shoot me a message. I'm @mortgagenewz.

Mortgage Technology is pleased to begin accepting nominations for the 2012 Top 50 Service Providers.