Mortgage technology

Lending groups are demanding the Consumer Financial Protection Bureau take down its mortgage rate calculator, arguing it is providing misleading information to consumers.

Lloyd's of London and Bankers Insurance Service will now offer errors and omissions insurance for Litigation Guard, an online system which performs compliance checks for non-QM loans.

Online mortgage lender Privlo has entered the Texas market, looking to help those underserved by traditional lenders in securing home financing.

Mortgage professional hiring and new job appointments for the week ending March 13.

MISMO released the latest version of its Residential Reference Model, opening up the standard to review.

Banks can expect to incur higher costs in several areas during the implementation of a settlement agreement to improve the accuracy of credit reports. But they might benefit in the long run by getting better information on borrowers.

Home values rose across the country in February, even as appraisers' opinions of values fell below those of homeowners nationwide for the first time in over a year, according to Quicken Loans.

Telecommuting isn't new for front-office loan officers, but in an increasingly competitive hiring environment, some mortgage lenders now let their underwriters work from home, too.

The recent delay of new HECM rules is a reprieve for lenders scrambling to implement training and systems updates ahead of the original deadline. But it's also prompted questions about a key technology used by the reverse mortgage industry.

Mobile has exploded on the consumer side and financial institutions are realizing that they have to make services available on these devices.

There are better ways of picking an originator to work with than just looking at a price comparison tool.

Having the extra time for implementation has been helpful because mortgage companies were experiencing difficulties meeting the first deadline for the change in procedure, which affects government-insured reverse mortgages.

Although lenders received some good news via Freddie Mac's February U.S. Economy and Housing Market Outlook, raising the enterprise's 2015 originations forecast from $1.2 trillion to $1.3 trillion, the Aug. 1 TILA-RESPA Integrated Disclosure rule implementation deadline still looms large.

The scorecard compares issuers' operational strength and skill in managing delinquent loans with those of their peers.

It can be difficult to have enough staff to handle an exchange of mortgage servicing rights, though companies are exploring different solutions

Ellie Mae's AllRegs unit has released a new version of its business information tool to help lenders and investors manage risk and identify market opportunities.

Real estate services provider Accurate Group has unveiled a new suite of products designed to facilitate title and lien clearance.

CoreLogic saw fourth-quarter revenue increase thanks to growth in its data and analytics business, driving the company into the black.

LendingTree markedly increased its net income in the fourth quarter, based on strong results for both its mortgage and non-mortgage products.

ClosingCorp, a resident real estate closing cost data and technology provider, has released Lumen Risk Management Suite, a group of services that help lenders manage the closing process.