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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
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Any roadmaps for client service that existed before the pandemic have changed, according speakers at DigMo2020.
September 15
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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
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Jonathan Corr's departure from the nation's largest loan origination system company follows the completion of its sale to Intercontinental Exchange.
September 11
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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
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The final version of the amended rule, like the original proposal, makes fair lending claims tougher to prove; but it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination.
September 9
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The mortgage industry comes together to address current issues and prepare for a post-COVID marketplace Sept. 14 to 17.
September 4
