Technology
Technology
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Affordable housing shortages and declining loan volumes are making it difficult for banks to originate enough mortgages to meet their Community Reinvestment Act obligations, which could make filling shortfalls with loans from nonbanks more expensive.
June 26 -
Corporate One FCU has teamed up with San Francisco-based Roostify to provide CUs and CUSOs with a streamlined digital mortgage platform.
June 26 -
Nationstar Mortgage has returned its overseas call center operations to the U.S., a move that will add 500 jobs at the company.
June 21 -
From vendor choice to valuations, here's a look at the key differences between Fannie and Freddie's upfront rep and warrant relief strategies.
June 21 -
From the Trump administration's initial efforts at reg relief and GSE reform to dramatic shifts in the servicing landscape, here's a look back at the top stories shaping the mortgage industry during the first half of 2017.
June 19 -
The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.
June 15 -
LendingTree has added property valuation data to its My LendingTree site, showing consumers how much equity in their home they can tap.
June 14 -
Mounting compliance risks and an evolving landscape for how consumers shop for homes and mortgages have some lenders re-examining whether they still need co-marketing arrangements with real estate brokerages.
June 12 -
At CIBC, Aayaz Pira is quickly turning ideas into apps, including its new mortgage one, with the help of its recently formed innovation hub.
June 6 -
CoreLogic is acquiring appraisal technology company Mercury Network from Serent Capital just two years after the San Francisco-based private equity firm purchased it.
June 6 -
Optimal Blue, a mortgage technology provider owned by private equity firm GTCR, has acquired Comergence Compliance Monitoring.
May 31 -
Real estate site Zillow is launching a $1 million competition among data scientists to improve its "Zestimate" home valuations, but said the crowdsourcing initiative is unrelated to recent lawsuits filed in Chicago against the company.
May 26 -
From better understanding consumer priorities to expertly managing career advancement, here's a look at key success strategies that female financial services executives shared at the Most Powerful Women in Banking LEAD Conference.
May 26 -
Homeowners insurance agencies are embedding their policy-underwriting technology into mortgage companies' origination and servicing systems in a bid to chase the same customers together.
May 23 -
Lenders are objecting to the Trump administration's proposed $30 million fee designed to partially fund upgrades to the FHA.
May 23 -
Incenter Mortgage Advisors is brokering a $2 billion portfolio of mortgage servicing rights on agency loans with imaged files on behalf of an undisclosed seller.
May 23 -
Maine's residential mortgage lending industry bears little resemblance to its prerecession version as changing conditions have shuffled the deck of top lenders and created new choices for borrowers.
May 23 -
Privately held nonbank Movement Mortgage plans to add to the operational resources it has based at a new Norfolk, Va., facility it is leasing from the city.
May 22 -
The majority of mortgage lenders don't expect to use chatbots to communicate with clients anytime soon, the results of a Fannie Mae survey said.
May 18 -
The time needed to close a mortgage improved nine days since the start of the year as the market has shifted to doing more purchase loans.
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