Mortgage technology

If only you had something like this to help you determine which real estate agents you’d get along with, who do business like you do, who you might not only become business partners with, but life-long friends.

Kevin Cordell, U.S. Navy veteran turned investor/servicer, started the habit of assigning a single point of contact to every mortgage transaction regardless of risk years before it was required by law.

The mortgage application is a wealth of information for originators to use to help develop referral relationships with clients.

The new tool enables loan originators to not only ensure the loans comply with CFPB requirements before the loan application enters the system, but also offers a detailed compliance worksheet for loan officers.

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by the lenders and servicers named to the Top Tech-Savvy Lenders and Servicers list. Learn about this year's finalists and the companies who voted for them.

Credit requirements loosened the most in December, when 31% of mortgages had credit Fair Isaac & Co. credit scores below 700.

The company has an edge because it has been offshoring for more than a decade and also automates a lot of tasks, according to SVP and managing director Jan Sternin.

New tool helps lenders meet regulatory expectations and build a unique settlement agent list updated with real time risk status.

FCI Lender Services' Gordon Albrecht has long focused on areas mainstream players eschew, and right now he is helping servicers manage liabilities and costs intensified by Jan. 10's regulatory deadline.

Hummingbirds are inexorably tied to the flowers they feed upon. They co-evolve. This is what is about to occur as federal and state laws co-evolve to create new compliance challenges for lenders.

The Mortgage Industry Advisory Corp. has named MDS principal Kent Loehrke a managing director as a result of the acquisition.

In December inventory shortages continued to drive down home sales an additional 3.5% on a year-over-year basis, says the Seattle-based online broker.

While there are some home sellers who are willing to accept the Internet currency for their property, the inherent volatility makes it difficult in a financed transaction.

A mortgage bank provided an undisclosed amount of seed money for the automation that links lenders, buyers and real estate agents.

While meeting past compliance deadlines has often felt like running a marathon, many in the banking industry view meeting the approaching Consumer Financial Protection Bureau's mortgage servicing deadline as a flat-out sprint.

Software solutions allow Realtors and brokers to track tasks at vacant and owner-occupied housing units to streamline the closing process.

Thomas H. Lee Partners owns 35% of each of Black Knight’s operating units.

LoanDepot chairman and CEO Anthony Hsieh still relies heavily on automation, but finds more opportunity today in targeting multiple business lines within the nonbank mortgage market.

The financial crisis brought with it an onset of unprecedented problems that now serve as the teaching lesson of our strict regulatory environment.

New data indicate a lot of mortgage market share “could be slipping out of the fingers” of lenders who have been sluggish in digitizing their operations.