Technology news
Little Rock, Ark.-based startup Mortgage Peer Network was chosen as one of 10 companies to participate in FIS' VC FinTech Accelerator Program.
Silicon Valley Bank in Santa Clara, Calif., has launched a program that lets new customers sign up for accounts using electronic signatures.
Google CEO Sundar Pichai told thousands of developers his vision for a future in which his company, once known just as a way to search the Internet, extends its reach into nearly every aspect of its users' lives.
InSellerate, a startup sales automation software company focused on the mortgage industry, has received financial backing from Sekits Capital.
Two recent court rulings affirmed that lenders can enforce electronically signed and transferred notes, laying important groundwork for wider adoption of electronic mortgage technology that could improve the customer experience for borrowers and save lenders and servicers a bundle.
From the Common Security Platform and Freddie Mac loan sales to new accounting rules and what direction mortgage rates are headed, there was plenty to debate during this week's MBA Secondary Conference in New York.
This summer, Freddie Mac will start rolling out a suite of tools that should speed sales of loans to the GSE. Relief from reps and warranties will take longer, however.
Black Knight's purchase of eLynx is the first since the Fidelity National Financial spin-off went public and expands its mortgage servicing offerings.
The June 25 launch, which will provide lenders with much more information about a borrower's credit history, will mark the first widespread use of trended data in the mortgage industry.
Commercial real estate executives remain upbeat about their prospects for 2016, though they do see some potential hurdles on the horizon, according to CIT Group's 2016 Commercial Real Estate Outlook survey.
Fewer lenders are looking to change their loan origination systems this year, according to a survey from mortgage compliance software provider QuestSoft.
Amalgamated Bank in New York has started offering down payment insurance to homebuyers in a move it hopes will set it apart with highly mobile millennial borrowers.
With consumers generally averse to risk, financial institutions have an opportunity to rethink what it means to make bets in line with their customers' well-being.
During the mortgage crisis, servicers recruited people from the origination business to help with loan modifications. Now the two sides of the industry are coming together in a new way.
ClosingCorp's board parted ways with Brian Benson and is looking for someone with experience in a high-growth technology environment.
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