Digital mortgages

Artificial intelligence, automation, electronic closings; the 2019 Top Producers identified the biggest technology initiatives bending the way mortgages get done.

A recent pyramid scheme highlights why mortgage lenders should keep an eye out for misrepresentation when reviewing electronic documents and signatures.

Mortgage borrowers don't know about the logistics of applying for a loan, which is the basis for their erroneous ideas about the process, the respondents to the 2019 Top Producers Survey said.

Technology, staffing, reform: Here's a look at 12 key insights from the 2019 Top Producers, from what they considered critical to success to stances they have on industry initiatives going forward.

The digital lender rebranded its mortgage business as SoFi Home Loans about four months after it took a step back from real estate finance to redesign its processes.

Costs, process, privacy: Here's a look at some key digital mortgage drivers and obstacles identified by experts at this year's MBA Technology Solutions Conference.

Borrower hunger for fully digital mortgages and data automation grows, with the end goal of accelerating the lending process as much as possible. But a fragmented industry stands in the way of that goal.

The mortgage industry is eager to adopt digital strategies like artificial intelligence to streamline processes, but they are finding it difficult to extend through the full lifecycle of the loan.

Mortgage costs to close surged in the last decade because of technological investments as borrowers clamored for speed and digitalization. Industry experts believe those costs will decrease in the near future once acclimation sets in.

The Mortgage Bankers Association is investing $2 million to support the creation of online notary standards and several other initiatives.