Technology
Technology
-  The mortgage fintech looks to transition to a model of strategic platform partnerships rather than offer its own closing services as it simplifies operations. May 9
-  New research found limitations in current appraisal tools and methods contributing to inconsistencies that may result in incorrect property valuations. May 9
-  Loan providers saw more frequent use of verification tools as well as shortened turnaround times from preapproval to application submission, Lenderlogix said. May 6
-  ICE Mortgage Technology also added 20 new Encompass clients in the first quarter, but the unit still had an operating loss for the period, its 10th in a row. May 1
-  The move builds out a fee-based resolution for certain loan flaws piloted in 2024, which was set for a full 2025 rollout prior to changes in federal leadership. April 30
-  The wholesale lender dubbed the development a "huge win" for itself and the broker community. April 30
-  The challenger bank exceeded analysts' expectations in income, revenue and earnings per share. April 29
-  The fraudsters aren't doing anything new or sophisticated, but are successfully using familiar tactics, said reports from CertifID and FundingShield. April 28
-  A National Mortgage News/Snapdocs survey of 100 lenders found 90% use some form of what could be considered a digital closing, up from 74% two-years ago. April 28
-  The way mortgage firms address distressed military borrowers will become less regimented as the Veterans Affairs Servicing Purchase program gets phased out. April 25
-  Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing. April 24
-  The partnership between the customer contact software provider and the operator of the Empower loan origination system was announced nearly one year ago. April 22
-  The deal comes as Blend also introduces a new division dedicated specifically at serving independent mortgage banks, rolling out features with Crosscountry. April 21
-  Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs. April 21
-  The potential impact of agentic AI on the mortgage industry's future lies in its ability to give human employees "superpowers," technology leaders say. April 15
-  Three U.S. agencies lack a "comprehensive, government-wide strategy," according to a report that echoes complaints banks have made for years. April 9
-  Wholesale firm Ardri's acquisition of The Lending Spot comes after the company installed a mortgage industry veteran as its new president earlier this year. April 8
-  The leading lender says its underwriters have already used Google's technology to improve from six loans a day to 14. April 8
-  Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy. April 3
-  Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed. April 2


















