Digital mortgages

A pilot conducted with a handful of independent financial advisors has transitioned to a full roll-out, with the lender offering a discount of up to $5,000 to potential borrowers through the broker-dealer.

But overall, customers are less satisfied with their origination experience compared with the 2020 survey, according to J.D. Power.

The two fintechs look to streamline document capture and credit decisioning for lenders.

Button Finance intends to use the capital to develop its underwriting platform and increase hiring.

The Series B investment round for the power buyer comes at a time when all-cash purchases account for almost a quarter of the market.

The two fintechs’ venture looks to solve the long-standing problem of connectivity as the barrier to full lending digitization.

With a huge wave of consolidation expected soon, lenders must carefully adjust their mix of personnel and technology to stay profitable, whether they plan to continue to compete or sell.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

The software from Incenter allows appraisers to use a homeowner’s mobile phone to take time-stamped and geotagged photos, in addition to dimensions recorded with a 3-D scanning digital measuring tape.

Lenders and servicers must ask three essential questions of their technology provider in order to better understand how they operate, writes the director of U.S. operations for Paradatec.