Smart Technology in the Home

How important is technology in the home? Now that the majority of American adults own a smart phone, they seem to also want a smart house, according to this infographic from CAR.org. Smart technology is increasingly becoming a desired aspect of homeowners and home buyers; in fact: 46% want homes setup with smart home technology …

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Homes of the Future

The annual Consumer Electronics Show (CES) recently wrapped up in Las Vegas, and one idea creating a big buzz was “The Connected Home.” This isn’t a particularly new idea, and it has been talked about for years at CES, but it appears as if the technology is finally catching up with the idea, and having …

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Loan Performance Improves, Foreclosure Starts Down, LPS Reports

Across the board, loan performance improved for February, and foreclosure starts were down compared to the month before in January, according to a report from LPS Applied Analytics. Despite the decrease in foreclosure starts, foreclosure inventory still remains near historic highs, while delinquency rates are at their lowest level since August 2008, LPS reported. Foreclosure …

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Lenders may closely monitor borrowers for life of a loan

In a kind of crisis intervention, IndiSoft is working on computer programs that track borrower behavior so that if a life-changing event occurs, steps can be taken to ensure timely payments are made. The day is coming when lenders will no longer turn their clients loose after they leave the closing table, never to be …

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