Technology
Technology
-
After launching construction lending support via Encompass in February, Ellie Mae sees shrinking construction loan closing times and increased volume.
August 3 -
Radian Group posted a net loss of $27.3 million on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.
August 1 -
Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.
August 1 -
CoreLogic will fully integrate its 4506-T income verification product in August with Fannie Mae's Desktop Underwriter platform to provide Day 1 Certainty service.
July 31 -
Loan officers are joining the increasing number of real estate agents telling daily “stories” on Snapchat and Instagram to build name recognition, increase referrals and reach more core customers.
July 28 -
A decline in overall customer brand perception has stalled mortgage servicer satisfaction, ending a multiyear trend of steady improvements, according to J.D. Power.
July 27 -
Borrowers can now self-serve when submitting application information at U.S. Bank, but the bank also has proprietary technology aimed at keeping loan officers looped in to help with product selection.
July 27 -
FNF Group has acquired Real Geeks to target single real estate agents unaffiliated with a team.
July 27 -
CoreLogic's second-quarter net income increased 2% over the previous year on higher operating income from improvements in productivity.
July 26 -
Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.
July 21 -
Fannie Mae is increasing the maximum debt-to-income ratio it will allow on purchased loans to 50% from 45% on single-family loans when it rolls out its latest version of Desktop Underwriter on July 29.
July 20 -
U.S. Bank has begun using Einstein, Salesforce’s AI software, to give front-line staff insights into customer activity and recommendations. Other banks are likely to add similar tools.
July 20 -
The marketplace lender's application for an industrial bank charter is under fire from small banks and progressives, who say it could violate the barrier between banking and commerce and shut out middle-class and lower-income consumers.
July 19 -
From automated applications that borrowers can complete on their own, to data-mapping that speeds up the underwriting process, here's a look at strategies that can help lenders close loans faster.
July 18 -
Total bonuses paid to assistants, processors, closers and managers have been rising as lender retention and merger activity have heated up.
July 17 -
Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome.
July 13 -
It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.
July 12 -
Fannie Mae and Freddie Mac's efforts to provide representation and warranty relief to lenders that perform automated data validations before loans close will improve mortgage credit risk assessment and lower costs for lenders and borrowers.
July 12 -
The shuttering of tech-savvy mortgage broker Sindeo reflects the challenges of operating during a period of weak volume in a difficult originations channel, not its embrace of digital mortgages.
June 29 -
If you borrowed to buy your home, chances are TheNumber knows a good deal about you.
June 29














