Digital mortgages

Many mortgage servicers are still relying on spreadsheets to manage their tasks, rather than looking to automation as a problem solver.

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.