Technology
Technology
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The Mortgage Bankers Association's annual convention rolled through Austin, Texas, this year, leaving behind important announcements and implications for the future of the mortgage industry.
October 30 -
Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.
October 29 -
The average number of attempts to defraud mortgage companies each month increased by 42% this year and hit the smallest businesses hardest, according to LexisNexis Risk Solutions.
October 29 -
Loan origination system provider Ellie Mae has agreed to purchase mortgage technology firm Capsilon, citing the growing appeal of artificial intelligence-driven automation and interest in becoming more active as an acquirer.
October 29 -
Ginnie Mae is looking for input on its proposed guidelines for electronic promissory notes and other mortgage documents that it plans to test through a digital collateral pilot.
October 28 -
PointPredictive has rolled out IncomePASS, which uses machine learning technology to determine if the borrower's income as stated on the application is realistic.
October 25 -
Figure Technologies, which has made $600 million in home equity loans in the past year, says its next move will be refinancing student loans.
October 25 -
The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.
October 24 -
Denver beat out Salt Lake City to snag another technology firm looking to escape the Bay Area's escalating costs.
October 24 -
The government-sponsored enterprises are moving ahead with a new mortgage application that omits a previously planned language question, but are looking to serve limited English proficiency borrowers in another way.
October 24 -
The credit union regulator has spent 20 years asking lawmakers for greater oversight of third-party vendors. Here's why it might finally happen.
October 24 -
The next phase of the digital mortgage revolution is starting and lenders need to use a holistic process to create their plans in order to get up to speed.
October 23 -
From discussing the future of mortgage tech to discussing the ever-churning tides of political policies, here's a preview of the big issues, topics and ideas when the industry gathers in Austin, Texas, for the Mortgage Bankers Association's Annual Convention & Expo.
October 23 -
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Compass launched its bridge loan services program, aimed at giving homeowners more purchasing power and opportunity to buy a new house before selling theirs.
October 22 -
BSI Financial's chief executive weighs in on changes in the interest rate environment, the evolution of digital mortgage servicing and natural disasters.
October 21 -
Draft legislation would amend the Bank Service Company Act to give the National Credit Union Administration third-party vendor oversight, a power it has been requesting for the better part of two decades.
October 18 -
Many mortgage servicers are still relying on spreadsheets to manage their tasks, rather than looking to automation as a problem solver.
October 17 -
The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.
October 16 -
Mortgage lenders prefer to invest in improvements to their consumer-facing technology because it offers a better return than similar spending on back-end processes, according to Fannie Mae.
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