Technology

CoreLogic has launched a new provision for clients using the company's private-label residential mortgage-backed securities dataset. California-based CoreLogic recently announced the incorporation of anonymized servicer stop advance data, which will be available free of charge for the company's existing and new RMBS-data customers. The trustee-submitted data from CoreLogic will be at the loan-level, as opposed to aggregated. CoreLogic's stop advance data will include history dating back to January 2009.

Home construction starts are on the rise in 2012, and updates to a recent survey from the McGraw-Hill Companies indicate a forecasted increase of 2 percent for the year. According to projections from the 2012 Dodge Construction Outlook Midyear Update, total construction starts will hit $445 billion, besting the $434 billion recorded during 2011. Compiled by McGraw-Hill Construction, the outlook report calls the predicted performance "slightly better than" flat in a still-recovering economy dogged by recurring problems.

A new survey from Mortgagebot includes promising findings for community-based lenders hoping to increase their market share. The technology company's recent report shows that upticks in visibility and accessibility via online channels can help level the playing field for smaller lenders competing with the nation's big banks. Mortgagebot's study revealed specific strategies that are enabling the company's clients to capitalize on market share including generating better borrower-facing accessibility online, targeting new customers through an online approach that is tailored to a particular demographic.

Landmark Mortgage Group has added a new advisor to its roster of lending and real estate professionals. The company recently promoted Adina Erridge to mortgage advisor from her previous role as a production assistant.

For baseball fans, it doesn't get any greater than Babe Ruth, and now that a Massachusetts estate once belonging to Ruth is on the market, homebuyers have the chance to live like the Sultan of Swat. The property, which is known as Home Plate Farm, is listed for $1.

The US economy grew at an annual rate of 1.9 percent in the first quarter, the Labor Department said Thursday. The BEA report was consistent with market expectations but emphasized a moribund economy. The economy had expanded at a 3.0 percent pace in the fourth quarter of 2011. In economic measurement terms, these data are ancient economic history, since the second quarter ends Saturday. The advance first quarter GDP report will be released on July 27. The data released so far for April, May, and early June suggest second-quarter 2012 economic activity may have grown even less rapidly.

LenderLive Network Inc. is welcoming a new client for its loan fulfillment program. The company recently announced that Illinois-based Alliant Credit Union has selected LenderLive's end-to-end mortgage servicing platform, eOriginator.

Legendary Hollywood couple Warren Beatty and Annette Bening are selling their Beverly Hills home. The Beatty-Benings put their luxury pad up for for lease last year, but after failing to snag an interested tenant, they've listed the property, which is located on famed Mullholland Drive, for $6.995 million.

The Pending Home Sales Index rose a strong 5.9 percent in May to 101.1, returning to its level of March, the National Association of Realtors said Wednesday. The index had slipped in April to 95.5 after reaching its highest level since April 2010. The index is up a solid 13.3 percent since May 2011. The report is another in a string of positive signs for the housing sector. Pending home sales are counted when sales contracts are signed, and are viewed as a leading indicator of existing home sales, according to NAR.

A stunning Long Island estate may be set to make history in the Hamptons, according to Curbed.com. The 33-acre listing in Sagaponack, New York, was recently put on the market for $65 million, making it the most expensive property for sale in the area.