Bankruptcies Increase
Bankruptcy filings surged last month and are expected to top 1 million this year.

Bankruptcy Filings Fall
Monthly bankruptcy filings decreased, though first-half activity was up nearly a third from 2007.

Mortgage Technology Boom
Some recent mortgage technology offerings promise to improve business and cut costs, while other digital advancements aim to improve wholesale lending operations. A new blog has been launched about improving credit.

Survey Points to Stagnant Mortgage Market
A new survey suggests borrowers, who now find it more difficult to obtain a mortgage, plan to hunker down and avoid purchasing or refinancing a home in the foreseeable future.

Lawsuit Targets Credit Report Re-Aging
A mortgage lender and the three credit bureaus have been sued by a former borrower because, she claims, a delinquent loan she previously paid off continued to reflect as past due well after the payoff date.

Digital Enhancements Improve Originations
Recent technological advancements are helping lenders prevent mortgage fraud and enhancing the ability of originators and applicants to identify the most appropriate wholesale programs. Other innovations include improved ease of compliance with new conforming appraisal standards, FHA credit reports and correspondent loan disclosures.

How to Improve Operations With Technology
The latest technological innovations in real estate finance will help improve loan program searches, decrease mortgage fraud and increase credit scores.

Fannie Tightens Guidelines on Prior Foreclosures, Bankruptcies
Fannie Mae has notified its sellers about tougher requirements for borrowers with prior bankruptcies or foreclosures. The company has also tightened its policies for borrowers who purchase a new residence and convert their existing residence to a second home or investor property.

Credit, Pricing and Underwriting Technology
A new offering for loan officers helps them show prospective borrowers how to manage their credit scores while building a relationship. Other recent technology solutions focus on pricing and automated underwriting, among other things.