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Although profits for processing loans dropped, mortgage lenders with servicing portfolios benefited from higher net servicing financial income in the fourth quarter of 2016 due to increases in the valuation of their mortgage servicing rights. This event was driven by rising interest rates. However, reduced profitability on the production side of the business generally outweighed servicing gains.

For the fifth year in a row, Paragon, Black Knight’s MLS software, ranked at the top in the Clareity MLS Customer Satisfaction Survey.

Despite rising interest rates, real estate sales are brisk, limited only by the supply of available listings. Demand from millennials and first-time homebuyers remains robust. Economist says this has resulted in a shrinking underperformance gap.

As risk is reduced, CoreLogic indicates that home prices have continued to rise. Previously, the CoreLogic Home Price Index (HPI) showed nationwide sales, including distressed sales, jumped 6.9 percent year over year and 0.7 percent month-over-month. Mortgage rates have continued to rise as well, and are anticipated to continue to rise during 2017.

Experian and Finicity, a cloud-based financial data aggregation provider, announced Monday a collaboration that will digitize the mortgage lending process and bring some of the “credit invisible” into view for lenders.

This joint effort between HouseCanary and Google will provide industry professionals with trends, insights, and indices in nearly every MSA, zip code, and block in the country today and three years into the future. HouseCanary’s proprietary datasets are exclusively available on www.housecanary.com and now available through Google.

The new VP and National Account Manager will be responsible for driving business development and delivering private mortgage insurance solutions for clients.

People are living longer and spending more time in the city, a report by the Milken Institute says. The Institute’s report evaluates 381 U.S. metropolitan areas to determine how well they serve the needs of the nation’s growing population of mature adults, and its Mayor’s Pledge encourages mayors and other public officials to support a healthy environment for aging residents, and nearly 200 mayors have signed the pledge.

Unmet credit demands of U.S. consumers are partially caused by reluctance of some to even apply for credit. Survey reveals that consumers are generally more pessimistic of future approval rates, influenced by the increase in involuntary account closures. These rose to their highest level since October 2015.

The Financial Choice Act would give regional and community banks a way to avoid most aspects of Dodd-Frank regulations, and a policy which would force big bank’s parent companies to file bankruptcy and restructure, instead of the current Dodd-Frank policy.