E-docs

Digital mortgages are not an idea for the future; they are here to stay, and the mortgage industry must put aside its misplaced fear of technology and change and embrace them.

The rise of digital mortgages and increasing lender consolidation are just two reasons mortgage brokers should make the transition to mortgage banking sooner rather than later.

Freddie Mac has published a list of companies that meet its requirements regarding the creation, signing and storage of electronic promissory notes.

Banks have been waiting on Justice Department guidelines on how to make their websites compliant with the Americans with Disabilities Act, but many are being advised to take action now or face lawsuits from disabled customers.

The single-director structure of the Consumer Financial Protection Bureau represents an unconstitutional concentration of executive power, a federal appeals court said Tuesday. But the court stopped short of disbanding the agency, instead giving the president more power to remove its leader.

First American Financial Corp. has acquired post-closing services and document management technology provider TD Service Financial Corp.

Xerox Mortgage Services will change its name as it becomes a part of Conduent, the company that will incorporate Xerox's business process outsourcing division.

United Wholesale Mortgage has rolled out a new tool that allows mortgage brokers to receive automated income verification.

The events of the past 40 years pale in comparison to the strides the mortgage industry has made with technology, from pen-and-paper processes to handheld interest rate checks in minutes. The most exciting part: the best is yet to come.

If the past 40 years has revealed anything about the mortgage industry, it's that change is constant, and inevitable. From the future of Fannie and Freddie to the role technology will play in underwriting, here's a look at 10 bold predictions that will shake up the mortgage industry.