Quicken Loans' commercial during the Super Bowl sparked an intense discussion on whether the idea of touching a screen to obtain a mortgage was really the best way to encourage homeownership.
Quicken Renews Debate Over How Fast Is Too Fast to Get a Mortgage
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?  more »
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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.
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