Mortgage technology

LoanLogics has raised $10 million in new capital that the mortgage software vendor plans to use to support its growth.

The rise in technology use can open the door for all variations of fraud and theft, but companies can look to existing tools as models in the battle against criminal forces.

Todd Sherman, who with his brother Tyler Sherman co-founded mortgage software developer Motivity Solutions, has died.

MetaSource in Salt Lake City has acquired Titan Lenders Corp. to bolster its mortgage outsourcing and technology capabilities.

A small Connecticut bank takes the plunge into mobile-friendly mortgages in a bid to turn an attractive pool of student-loan borrowers into lifetime customers.

Advanced technology can certainly provide process improvements, but those will reap results only if employed alongside industry fundamentals.

Ten-X will unveil Ten-X Homes and Ten-X Commercial at the annual SXSW Interactive Festival in Austin, Texas, on Friday.

Lenders can mitigate fair lending violations through employing technology and tools that shed light specifically on their blind spots, one major area of focus recently solidified by the Consumer Financial Protection Bureau.

Changes to mortgage disclosure rules implemented in October continue to frustrate community bankers and is just another example of the struggle to stay independent.

Lenders ready to court millennials as potential clients, and employees, can find common ground more easily than they might assume.

Freddie Mac has released a new Web tool aimed at servicers.

New services seek to replace lender processes that often involve manually updated spreadsheets and other efforts pieced together to meet steepening regulatory requirements for vendor management.

Dimont, based in Dallas, has partnered with Phoenix ABS to access the New York firm's technology platform.

The technology giant and the federal government both have vested interests in protecting customer and proprietary information. Making concessions for any will set a dangerous precedent to make concessions for all.

CoreLogic more-than-doubled its profit in the fourth quarter, as the benefits from an acquisition helped offset higher expenses.

Understanding how consumers pay their debts over time is expected to widen access to credit for consumers recovering from financial problems or who were hard to score before. Just how many it will benefit is an open debate.

Amid growing scrutiny of how the hand-off of mortgages is managed after loan closings and bulk sales, servicers are working to automate the entire process to create a consistent and accurate onboarding experience for borrowers.

Mortgage servicers are actively discussing with regulators how current rules could be streamlined, and future rules could be shaped, to minimize costs and hassles.

Millennials are on the verge of becoming the largest cohort of homebuyers. If lenders want to gain and retain their trust, they must start by recruiting a younger, more diverse and gender-balanced workforce.

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