Mortgage technology

Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.

Lenders should inform borrowers they will receive electronic disclosures as early on in the process as possible so they know to be on the lookout for them, which has the dual benefit of reducing compliance risk and improving the process for consumers.

With the new compliance requirements and rules from government entities including the Consumer Finance Protection Bureau, we have now stepped into the age of a new normal.

Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.

It is their corporate culture which sets Quicken apart—but that culture is what others can copy.

The Synergy Award commends technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2013 MT Award.

They are looking to fix the industry’s reputation and that should help the scores on customer service surveys like the one J.D Power is releasing on Nov. 14.

Like clockwork every 30 years, steady and reliable Ginnie Mae revamps its technology whether it needs to or not.

He has been president since 2002 and will become CEO on Dec. 7.

Frank Danna shows how valuations executives have had to rely on technology and shrewd quality control measures to keep up with upward pressure on appraisal prices.

With the Consumer Financial Protection Bureau's QM regulation implementation date looming large, credit unions are gearing up to make sure all of their related software and operating systems ducks are in a row.

Home value data reported by Pro Teck Valuation Services confirm that state regulation will continue to negatively affect property values and the housing recovery.

Consumers who refinanced their mortgages over the last year or so still saw stacks of paper on the closing table. Now, an unlikely agent of change may help push paperless adoption: the Consumer Financial Protection Bureau.

The Transforming Valuations Award recognizes a technology advancement in the appraisal, broker price opinion or automated valuation sectors. Learn about this year's finalists and see who won the 2013 MT Award.

With its ancient technology updated, the agency now is developing a scorecard to spot troubled mortgage-backed securities servicers.

Recent improvements in lending technology are having a strong impact on loss mitigation practices for lenders.

Efforts to adjust to new market demands and comply with a heavily regulated mortgage lending marketplace involve anything from massive layoffs to speeding up loan processing automation.

The origination technology provider is buying a customer-relationship management platform.

Originators should outsource the verification of employment function.

Mortgage websites often make one of the same mistakes the disastrous healthcare.gov did. So both mortgage technologists and government officials can share the derisive tag “the monkey court” for once.