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Real estate site Zillow is launching a $1 million competition among data scientists to improve its "Zestimate" home valuations, but said the crowdsourcing initiative is unrelated to recent lawsuits filed in Chicago against the company.
May 26 -
The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.
May 18 -
By replicating human tasks, robotic process automation technology is driving scale and efficiency in loan manufacturing.
April 11 -
loanDepot has invested $80 million in a three-part digital lending platform called mello and is opening a 65,000-square-foot technology campus in Irvine, Calif.
March 31 -
Lenders can track the effectiveness of product pricing changes on a real-time basis using a new market share analytics tool from Optimal Blue.
March 30 -
The reduction in refinance activity as the mortgage industry pivots toward purchase transactions amid higher interest rates has caused loan defect and fraud risk to rise, according to First American Financial Corp.
February 24 -
CoreLogic has released a new platform that provides information on lien and equity positions for whole loan traders and servicers.
February 24 -
The monthly prepayment rate declined in January, an indication of the effects of higher interest rates.
February 23 -
Nationstar Mortgage Holdings reported significantly higher net income for the fourth quarter, due to improved revenue in its servicing segment.
February 22 -
International Document Services has updated its idsDoc technology to support upcoming changes to Home Mortgage Disclosure Act reporting.
February 17