Technology
Technology
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LoanScoreCard has rolled out a new nonagency pricing and decisioning technology for the wholesale and correspondent channels.
July 13 -
While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.
July 12 -
Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.
July 11 -
Although the Consumer Financial Protection Bureau doesn't mandate doing so, lenders' best chance to stay compliant with future data initiatives and regulatory changes is to implement standards set by the Mortgage Industry Standards Maintenance Organization.
July 8 -
Compliance and documentation technology provider Docutech has formed a partnership with San Francisco-based private equity firm Serent Capital.
July 7 -
Good intentions won't lower costs, improve workflow or maintain compliance. Decision-makers need to put their money where their mouths are when it comes to implementing technology to keep costs down, improving workflow and maintaining compliance.
July 6 -
The Consumer Financial Protection Bureau recently dressed down the mortgage industry for failing to innovate. Here are 10 tech ideas from the National Mortgage News team that could improve efficiency, margins and the industry's image among growing demographics. Some might sound farfetched, but so do most great inventions at first. Dream big.
July 1 -
Lenders don't need to worry about meeting new requirements for getting tax transcripts from the Internal Revenue Service heading into the holiday weekend.
July 1 -
BancorpSouth Bank agreed Wednesday to a $10.6 million settlement with the Consumer Financial Protection Bureau and the Justice Department for allegedly discriminatory mortgage lending practices that harmed minorities.
June 30 -
The Federal Housing Finance Agency wants mortgage servicers reaching out to delinquent borrowers to be exempt from tough restrictions on robo-calling. But the idea is being panned by consumer groups, who say it would give a free pass to mortgage servicers that have a record of consumer-protection violations.
June 29 -
The Consumer Financial Protection Bureau is keeping lenders in the dark about how it will ensure borrower data is secure and private under the expanded Home Mortgage Disclosure Act reporting requirements.
June 29 -
LendingTree is rolling out a new tool designed to help lenders identify borrowers who meet Community Reinvestment Act criteria.
June 28 -
The deadline has arrived for mandatory submissions to the Federal Housing Administration's Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system.
June 27 -
Fannie Mae has delayed the roll out of its new automated underwriting system that will require mortgage lenders to use trended data for the first time in submitting their loans for approval.
June 23 -
Black Knight Financial Services, in its second deal as a publicly traded company, has bought business analytics firm Motivity Solutions.
June 22 -
Mortgage servicers have failed to make significant investments in technology and compliance systems, resulting in substantial harm to consumers, according to a report issued Wednesday by the Consumer Financial Protection Bureau.
June 22 -
Bank of America's newest service allows consumers to track their loan status online.
June 21 -
Optimal Blue will be acquired by private equity firm GTCR in a deal that makes Mortgagebot founder and tech veteran Scott Happ CEO of the Texas-based product and pricing engine software vendor.
June 17 -
So far, 2016 has brought legal battles, election woes and TRID-related headaches to the mortgage industry, among many other major issues.
June 15 -
Sales growth was the top reason lenders gave for investing in new technology, according to a new study from sales automation software firm Velocify.
June 15











