Digital Mortgage Conference

While many mortgage lenders focus on updating the front end of the borrower experience, other lenders are making strides on the back end of the process with new electronic closing capabilities.

Technology isn't a magic bullet for success, and just doing mortgages digitally doesn't change how the business fundamentally works.

Many lenders are focusing too much time on user experience and overlooking the frustratingly inefficient mortgage process happening behind their pretty loan applications.

As lenders embrace the automated processes and data integrations of digital mortgages, they must also rethink their approach to quality control.

The mortgage market is transforming at breakneck pace, with bank and nonbank mortgage lenders investing heavily in digitizing their process, improving the customer experience, and speeding time to close.

Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome.

It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.

The shuttering of tech-savvy mortgage broker Sindeo reflects the challenges of operating during a period of weak volume in a difficult originations channel, not its embrace of digital mortgages.