Fiserv, Inc., a Brookfield, Wisconsin-based provider of financial services technology solutions, announced on Thursday that BB&T Corporation, has chosen the company’s Secure Lending solution to electronically deliver disclosures and other pre-closing documents, with an electronic signature option, to borrowers.

Mortgage Contracting Services (MCS), a property preservation and inspection services provider based in Tampa, Florida, announced on Thursday that it has been awarded a contract with U.S. General Services Administration (GSA) to perform property preservation work for the government.

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) today, showing that mortgage rates eased this week, following news of a weaker jobs market which may slow consumer spending and keep inflation at bay.

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending March 6, 2009. MBA’s study, which covers approximately 50 percent of all U.S. retail residential mortgage applications, showed that mortgage loan application volume increased 11.

The Financial Industry Regulatory Authority (FINRA) is proposing a major expansion of its Trade Compliance and Reporting Engine (TRACE) to include debt issued by the GSEs, federal government agencies, and government corporations, as well as primary market transactions in new issues.

McLean, Virginia-based mortgage financier Freddie Mac released its 2008 financial results on Wednesday. For the full-year 2008, the GSE reported a net loss of $50.1 billion, or $34.60 per diluted common share.

As inventories of foreclosed homes swell, home builders across the country, particularly in the Sun Belt states hit hardest by the housing crisis, are pitted against REO properties for sales. Steve Ruffner, president of the Southern California division of new home builder KB Home, recently told the Wall Street Journal:http://online.

U.S. Housing Renewal is a newly formed organization, created to help struggling Americans reclaim homeownership and help American financial institutions strengthen their balance sheets. The Nashville-based group combines public and private funds for the purpose of purchasing non-performing housing assets from financial institutions and transforming these properties into two-year lease-to-own situations for families who have either lost their homes or have been unable to purchase in the current financial environment.

Irvine, California-based Mavent Inc., a provider of automated regulatory compliance software and solutions to the mortgage industry, has unveiled a new automated compliance engine (ACE) that reviews loans for compliance and eligibility under the Obama administration’s Making Home Affordable program.

Mortgage financier Freddie Mac announced on Wednesday that its board of directors has named John A. Koskinen as the company’s interim CEO and Robert R. Glauber as its interim non-executive chairman.