Digital mortgages

Mortgage lenders prefer to invest in improvements to their consumer-facing technology because it offers a better return than similar spending on back-end processes, according to Fannie Mae.

The ways in which hedging can be improved by a digital process are more often than not presumed versus proven by industry practice.

Freddie Mac is postponing the date it will make using its Servicing Gateway platform mandatory, and adding new requirements related to chargeoffs and interactions with document custodians.

Here's a look at five up-and-coming housing markets for digital mortgage professionals, based on home affordability and the availability of technology careers.

Quicken Loans is now able to perform an electronic mortgage closing in all 50 states, claiming to be the first lender to have this capability.

Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company at more than $10 billion including debt, people familiar with the matter said.

Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology.

Freddie Mac is increasing the number of companies offering merged reports from the credit bureaus through integrations with its Loan Product Advisor automated underwriting system.