Technology news
The Consumer Financial Protection Bureau's indirect response to Quicken Loans' Super Bowl 50 commercial implicitly warns consumers to be wary of technology, which points to a bigger problem: does the CFPB even know what it wants from the mortgage industry?
Access to an Ellie Mae service that lenders use to exchange information with borrowers and business partners has improved, but remained spotty Friday following technical problems earlier this week.
Arbor Commercial Mortgage has created an online loan-origination service for multifamily lenders.
Chronos Solutions in Coppell, Texas, has acquired Commerce Title & Closing Services.
ZipLogix, a maker of real estate software, has formed a partnership with Roostify.
By implementing a platform designed specifically to support quality control, lenders can continuously prepare for an audit while simultaneously executing on everyday loan quality tasks.
Firstsource Group USA has agreed to buy the business process outsourcing subsidiary of ISGN Corp.
Seven Orange County residents were arrested Tuesday and now face federal fraud charges in connection with a boiler room mortgage loan scheme that required homeowners to pay thousands in upfront fees.
The mortgage industry can better manage disparate regulatory requirements with a comprehensive approach that streamlines compliance.
One year after an Arkansas Realtor was kidnapped and murdered, central Ohio real estate officials are bolstering efforts to protect agents.
Lenders must treat self-service technology as a tool that facilitates, rather than defines, the mortgage borrowing experience.
Agency and government loan programs will be a little different in the next 12 months. There also will be new rules for private-label securitizations, along with new products available to investors. Here is an overview.
Social media offers a unique opportunity to make personal connections online, but mortgage lenders should tread lightly when using this channel as a lead source for new borrower prospects.
Auction.com has rebranded at the corporate level to Ten-X, as the company begins to grow other segments beyond its auction-based platform.
For years, the real estate industry fretted that all this new technology would replace agents the way the Internet has gutted many other industries. Just the opposite is true.
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