Digital mortgages

But unless lenders make fundamental shifts in how they use this technology, change isn't going to happen.

Self-service portals fielded at least half of coronavirus-related forbearance-plan requests and made it possible to handle an influx at a challenging time, but the GSEs recommend circling back to borrowers.

Coronavirus-related remote work has elevated the need to find a dedicated source of funding for managing and developing real estate finance industry data standards, according to the Mortgage Bankers Association.

The social distancing related limitations on home appraisals is inspiring some companies to find new ways to advance the process.

The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.

The company will still offer the product it is most known for, Point.

With the recent acceleration to cloud computing, how can mortgage companies, who constantly deal with sensitive personal information, maintain safety?

The funds will allow the company to make further investment in its machine language technology.

Other safety measures taken to protect settlement agents and consumers include drive-up closings and overnight mail.

Our second monthly survey found a smooth transition to remote work and digital customer access channels — but technology issues still arose. The pandemic has highlighted the importance of having a strong digital presence across all retail sectors, including financial services.

Previously, mortgage firms concentrated on borrower-facing systems at the expense of internal experience.

The other parts of the Day 1 Certainty program regarding income and asset verifications remain in effect.

Guild Mortgage's presence in Washington state, the epicenter of the first U.S. outbreak, gave it an early glimpse of the obstacles ahead.

Almost 10 years after it became the business world's biggest buzzword, cloud technology is everywhere, but few mortgage companies have fully capitalized on its efficiency and flexibility advantages.

As lenders scale up on their remote capabilities in response to the pandemic, the software companies that service them see exponential growth.

The conditions the pandemic created could be the driver of e-mortgage adoption that has been long in coming.

To keep up with demand during the coronavirus pandemic, the mortgage industry must push other initiatives to the side in favor of ramping up the use of tech tools, according to Planet Home Lending.