Jacob Passy

Robotic process automation makes cumbersome loan manufacturing tasks more efficient and consistent, providing lenders and servicers with an opportunity to focus employees on activities that enhance the customer experience and increase capacity.

By replicating human tasks, robotic process automation technology is driving scale and efficiency in loan manufacturing.

Mortgage lenders have already begun to feel the burn of higher interest rates.

Loans originated in the fourth quarter of 2016 carried less credit risk, according to the latest Housing Credit Index from CoreLogic.

First- and second-lien mortgage default rates increased slightly in February, according to the S&P/Experian Consumer Credit Default Indices.

Economic growth expectations remain the same despite the rate hike the Federal Reserve is expected to announce, Fannie Mae said Wednesday.

Fannie Mae has begun accepting bids on its second sale of reperforming loans.

HSBC has met the consumer relief requirements set out under the National Mortgage Settlement, according to the latest report from the settlement's monitor.

Fannie Mae has chosen the winners of its latest nonperforming loan sales, which included 9,400 loans with $1.68 billion in unpaid principal balance.

The Department of Housing and Urban Development and Alpine Bank & Trust have reached an agreement to resolve claims that the lender discriminated against African-American and Hispanic mortgage applicants.

The number of underwater properties nationwide decreased once again in the fourth quarter, CoreLogic reported.

Attracting millennials and preparing for the rising rate environment are issues on the minds of mortgage executives where staffing is concerned.

First Financial Network is marketing $80 million in performing and nonperforming residential mortgage loans on behalf of the National Credit Union Administration.

Mortgage credit availability went up yet again in February amidst an expansion in access to government loans.

Most millennials who don't own a home plan to buy one in the next five years, but many of those would-be buyers may not be saving enough for their purchase.

More consumers are looking to buy a home than ever before. And while new home sales are indeed picking up — data from the U.S. Census Bureau showed January's new home sales rate was 5.6% higher than a year earlier — new home construction still remains well below its pre-recession peak.

Most lenders' quality control headaches were triggered by the Consumer Financial Protection Bureau's Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosure rule.

Ellie Mae has introduced a new online retail loan origination platform and a new portal for the tools and documentation supporting its Application Programming Interfaces.

Stewart Information Services Corp. is broadening its network of independent agencies.

Michigan Mutual's retail channel MiMutual Mortgage has implemented LendingQB's loan origination system.