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The deadline has arrived for mandatory submissions to the Federal Housing Administration's Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system.
June 27 -
Fannie Mae has delayed the roll out of its new automated underwriting system that will require mortgage lenders to use trended data for the first time in submitting their loans for approval.
June 23 -
Black Knight Financial Services, in its second deal as a publicly traded company, has bought business analytics firm Motivity Solutions.
June 22 -
Mortgage servicers have failed to make significant investments in technology and compliance systems, resulting in substantial harm to consumers, according to a report issued Wednesday by the Consumer Financial Protection Bureau.
June 22 -
Bank of America's newest service allows consumers to track their loan status online.
June 21 -
Optimal Blue will be acquired by private equity firm GTCR in a deal that makes Mortgagebot founder and tech veteran Scott Happ CEO of the Texas-based product and pricing engine software vendor.
June 17 -
Sales growth was the top reason lenders gave for investing in new technology, according to a new study from sales automation software firm Velocify.
June 15 -
Mortgage lenders that embrace social media are going to great lengths to ensure their activities remain compliant with truth in lending regulations. But even lenders that shun social media must take steps to avoid marketing compliance risks.
June 14 -
Longstanding mortgage advertising rules are taking on new meaning in the age of digital marketing.
June 13 -
ICBA Mortgage has expanded its relationship with DH Corp. to offer Independent Community Bankers of America members access to the MortgageBot loan origination system.
June 10