Technology news
The recent White House fintech summit was helpful in exposing companies to regulators, and vice versa, but we need to strengthen the lines of communications even more.
The Department of Veteran Affairs has renewed its contract with Black Knight Financial Services, the Jacksonville, Fla.-based company said Thursday.
FNF Group, the title insurance business of Fidelity National Financial Inc., had net earnings of $187 million for the second quarter, up from $160 million last year.
Mergers and acquisitions are important, but simply buying out the competition is no longer the road to success.
Property valuation firm LRES will now offer commercial evaluations as a result of its March acquisition of InsideValuation.
RealtyTrac is renaming its parent company Attom Data Solutions as it rolls out a new property database that links different data sources into a centralized resource.
The promise of digital verification, beyond process improvements and time savings for lenders, is the ability to help both consumer and lender drive to the right outcome more quickly, with greater transparency and predictability along the way.
Ellie Mae has released the latest version of its loan origination system, which includes an integration with Freddie Mac's Loan Advisor Suite.
In a move to reduce the strain on its small staff and improve service, a credit union in Wyoming now lets its members pay their mortgages and other loans simply by sending a text message.
LoanScoreCard has rolled out a new nonagency pricing and decisioning technology for the wholesale and correspondent channels.
While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.
Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.
Although the Consumer Financial Protection Bureau doesn't mandate doing so, lenders' best chance to stay compliant with future data initiatives and regulatory changes is to implement standards set by the Mortgage Industry Standards Maintenance Organization.
Compliance and documentation technology provider Docutech has formed a partnership with San Francisco-based private equity firm Serent Capital.
Good intentions won't lower costs, improve workflow or maintain compliance. Decision-makers need to put their money where their mouths are when it comes to implementing technology to keep costs down, improving workflow and maintaining compliance.
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