Origination

DocMagic, Inc., a provider of fully-compliant loan document preparation, compliance, eSign, and eDelivery solutions, recently announced the official launch of its fully integrated eClosing solution.

The mortgage industry has made huge strides in terms of technological advances, offering homebuyers the opportunity to search for, tour, and make offers on homes all from digital platforms.

Median home prices are on an upward climb and inventory is remains low, but buyers are more determined that ever to unleash pent-up demand and purchase homes in these markets.

As overall first-lien mortgage performance improves with more borrowers maintaining their monthly payments, the need for other loss mitigation actions is dissipating.

The homebuying process still troubles many borrowers of all demographics due to the complexity associated with the mortgage application process.

Existing-home sales have suffered in recent months due to the continuous imbalance of extremely low inventory levels and rapid home price appreciation, and industry experts believe that this trend will not end anytime soon.

With the release of the company’s Q1 2016 earnings statement right around the corner, Bank of America CEO Brian Moynihan said in his letter to shareholders in the 2015 Annual Report that the bank is “no longer clouded over by heavy mortgage and crisis-related litigation and operating costs.”

Banks across the U.S. are making a valiant marketing effort to encourage homeowners to take cash out on their homes, an unusual move not seen since the housing bust.

A good credit score is necessary for many of life's necessities, especially for obtaining a mortgage loan. So where can lenders find borrowers with the best and worst credit scores in the U.S.?

Despite the rough start to the year, pending home sales recently rose to their highest level in seven months and are still higher than a year ago.