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By replicating human tasks, robotic process automation technology is driving scale and efficiency in loan manufacturing.
April 11 -
Embrace Home Loans created a digital marketing division as more potential customers are researching their lending options online.
April 10 -
Large banks will gain the advantage in offering online mortgages because of their greater financial resources, pricing capabilities and cross-selling ability, Fitch Ratings said.
April 6 -
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 -
Fintech could cut the closing times on the simplest home loans by more than 50%, but the mortgage business' complexity means there are limits to how much time and money can be saved.
March 28 -
Fannie Mae has selected electronic document management vendor eOriginal to host the government-sponsored enterprise's new electronic vault.
March 6 -
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