Technology

Online-only mortgage lender Quicken Loans is using the recently announced layoff of 2,000 Yahoo employees to try to boost the tech talent within its own ranks.

In 2011, more than $184 billion in commercial and multifamily mortgage loans was originated, according to the Mortgage Bankers Association.

Mortgage applications fell 2.4% for the week ending April 6, continuing a trend that started several weeks ago when rates began to rise, according to new figures compiled by the Mortgage Bankers Association.

For those of you who have doubts about pointing your marketing efforts towards online and the social media, here are a few tidbits of data, courtesy of Experian Marketing Services' 2012 Digital Marketer: Benchmark and Trend Report.

National home prices declined in January from December by 0.9%, reaching a level not seen since March 2003, according to Lender Processing Services.

After having gone through an enormous disruption characterized by unexpected deterioration and massive losses, investors in residential mortgage-backed securities have a number of reasons to feel unsettled.

HAMP servicers completed 22,260 loan modifications in February, up 24% from the prior month, according to a Treasury Department report.

Mortgage companies added 3,000 full-time employees to their payrolls in February, according to Friday's jobs report.

A new mortgage origination report developed by loan origination system vendor Ellie Mae provides insight into the books of business of the Pleasanton, Calif.-based software company’s lender clients.

William E. "Bill" Mills, Jr., co-founder and chairman of Atlanta-based public relations firm William Mills Agency, passed away on March 15. He was 78.