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From insights about borrower payment preferences to new automation assisting with natural disaster recovery efforts, here's a roundup of news coming out of the Mortgage Bankers Association Servicing Conference.
February 7 -
QuestSoft is buying data verification and audit services firm Investors Mortgage Asset Recovery Co. at a time when lenders are more widely using technology to verify information.
February 1 -
Compliance is a significant cost center for mortgage lenders. But with bulk rates, technology and better process management, some lenders have found new ways to reduce the burden.
January 29 -
Optimal Blue, a mortgage technology provider owned by private equity firm GTCR, has acquired Comergence Compliance Monitoring.
May 31 -
All post-closing reviews of new Federal Housing Administration-insured mortgages must now use the defect taxonomy, effective immediately.
May 16 -
Accenture acquired BeesPath's ClosingBridge product to become part of its Mortgage Cadence loan origination software and help lenders with TILA-RESPA integrated disclosure compliance.
April 13 -
American Mortgage Consultants has acquired a business unit that handles due diligence and quality control for residential mortgages from Stewart Lender Services.
January 10 -
Initiatives aimed at a more inclusive credit box have long relied on costly approaches that are difficult to scale. Now, demographic shifts are intensifying industry demand for a more automated and efficient solution.
January 6 -
Demographics are shifting, creating more prospective minority homebuyers than ever before. But predominant underwriting processes and these would-be borrowers' financial backgrounds are holding them back.
January 5 -
Some of the most popular contributors to National Mortgage News' Voices community weigh in on what they see coming in the next year for origination, servicing, technology and regulation.
December 29