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Construction Spending Falls Unexpectedly

U.S. construction spending experienced the largest decline in three months, raising unexpected concerns among market watchers in the industry, the U.S. Census Bureau of the Department of Commerce announced Friday.

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Compliance Investments Send Loan Defects Packing

Mortgage loan defects, which can lead to fraudulence and misrepresentation in loan applications, are quickly leaving the industry due to companies making a sound investment in regulatory compliance technology. See what states have the lowest number of loan defects.

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Improving What Works: 5 Ways to Reform the GSEs

In a recent essay, former Vice Chairman and CFO of Fannie Mae, Tim Howard, explains that the GSE reform should be based on mending the system already in place to to avoid yet another crisis by following these five methods.

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DocMagic Launches Total eClosing Solution

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.

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