LOS

Lenders are becoming more reluctant to share closing documents with real estate agents now that they have more responsibility for them, the National Association of Realtors claimed Thursday.

Bankers are still grappling with vendor software problems, longer processing times and delays in mortgage closings as a result of new disclosures that went into effect four months ago, according to a new survey by the American Bankers Association.

These nine credit unions will implement Intuvo's mortgage automated marketing platform.

Ellie Mae earned $22.6 million as it recorded record revenue and the number of Encompass users grew by 25%.

Real estate finance services provider Chronos Solutions in Frisco, Texas, has acquired San Diego-based mortgage technology company Cogent Road.

Mid America Mortgage has launched a marketing portal targeting its business partners, Chief Executive Jeff Bode said in a press release.

Intuvo, a company that provides marketing automation software to the credit union industry, and a division of CU Direct, announced it has entered into new partnership agreements with three credit unions.

Amid a renewed focus on improving customer service and the overall borrowing experience, lenders surveyed by National Mortgage News indicate a strong interest in customer-relationship management software, but remain tepid about electronic signatures.

A proprietary loan origination system is the best way to stay ahead of compliance and organizational growth.