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A deep understanding of the history of racial discrimination in both lending and technology is a prerequisite to the development of new technologies, panelists said.
September 16 -
Electronic notes did come in handy this year given the mortgage industry's need to operate remotely, but they also increase the government-sponsored enterprises' responsibility for monitoring the risk of multiple counterparties.
September 15 -
Any roadmaps for client service that existed before the pandemic have changed, according speakers at DigMo2020.
September 15 -
The government-sponsored enterprise’s seller/servicer guide is now integrated into the online portal. Freddie also improved the readability of loan-level reporting it provides, and has further changes in the works.
September 15 -
Quicken Loans president and COO, Bob Walters, provided the first keynote of the 2020 Digital Mortgage Conference and gave insight into how this year changed the industry.
September 15 -
After flattening over the three prior weeks, the number of loans going into coronavirus-related forbearance dove at a rate not seen since early August, according to the Mortgage Bankers Association.
September 15 -
Many states currently have temporary work-from-home guidance for licensed mortgage professionals that extends through at least Dec. 31, but some have fall expiration dates.
September 14 -
Jonathan Corr's departure from the nation's largest loan origination system company follows the completion of its sale to Intercontinental Exchange.
September 11 -
From an increased interest in outdoor space to a need for a dedicated home office, the pandemic has created new drivers for refinancing, moving and other housing decisions, TD Bank found.
September 11 -
The company's remote online notarization provider, Notarize, says it's on track to close $100 billion in mortgage volume over the next 12 months.
September 10