Digital mortgages

As millennials and Gen Z position themselves to obtain 25 million new households by 2028, appealing to these tech-savvy generations should be a top priority for retail lenders, writes the director of technology alliances at Total Expert.

The regulation of cryptocurrencies gains momentum abroad while a number of hurdles must be cleared before lenders and banks can handle them at scale in the U.S.

The deal comes just days after Figure closed on a capital raise that valued it at $3.2 billion.

New customer growth and increased adoption of a digital workflow by mortgage lenders resulted in better than expected results for the Intercontinental Exchange unit.

The MISMO protocols are aimed at ensuring nothing is lost in translation when information about billing, late payments and related processing moves to a new system.

Less than a year after a Series C capital raise, the title insurer formerly known as States Title is about to complete a merger with a special purpose acquisition company.

The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.

The cloud-based mortgage software company plans on trading on the New York Stock Exchange with a starting price of $24 to $26 per share.

The software provider’s offering hit the top of its price range estimate and started trading at $18 per share.

The company, OriginPoint, brings together two enterprises active in the jumbo-homes space.

This is the second acquisition in the private equity firm’s newly established technology vertical.

The company is looking to sell 20 million shares, with a 3 million underwriters' option, at between $16 and $18 per share.

The financial services company will incentivize existing card members with statement credit for taking out or refinancing a home loan with either lender.

Lending startup Tomo Networks will eschew refinances to focus exclusively on purchases.

The financial services company will use its new capital to invest in artificial intelligence and machine learning to cut transaction times, as well as build its own servicing platform.

The company plans on trading on the New York Stock Exchange under the ticker symbol BLND

While usage of this process in mortgage closings picked up steam last year, only 34 states have permanent laws in place and two do not permit it at all.

Consumer-permissioned access to bank or payroll information could be used to evaluate borrowers who still need relief after payment suspensions for pandemic-related hardships end.

There are plans to incorporate the code into the Encompass eClose product, which will allow for secure storage of digital mortgages and notes.

The digital title insurance, closing, escrow, and recording services provider has now raised a total of $110 million in funding.