Digital mortgages

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.

Mortgage lenders are being forced to evaluate expenses carefully when deciding whether buying or building technology is the right move.

Lenders must do more to address the safety of borrowers' personal information as digital mortgage strategies spread and regulatory scrutiny increases.

A newer set of issues and opportunities presents itself for those embracing technology, involving everything from business strategy to cybersecurity.

Commercial and multifamily lending lags the technology available in the residential market. A look at how one expert thinks the gap could be closed.

Servicers that fail to give borrowers access to digital collection methods are missing out on a chance to improve delinquency rates and lower costs.

PanoramIQ compiles and analyzes both public and proprietary property data, saving mortgage lenders time and costs by filling the gaps in property histories.

Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.