Technology
Technology
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Mortgage lenders, servicers and banks need to follow how court procedures for admitting evidence are updated when developing technology systems.
November 15 -
Purchasing homes from Zillow has been fueled by huge resets in home prices since market peak, historically low mortgage rates and an improving economy.
November 15 -
Lenders should inform borrowers they will receive electronic disclosures as early on in the process as possible so they know to be on the lookout for them, which has the dual benefit of reducing compliance risk and improving the process for consumers.
November 14 -
New and resale houses and condominiums sold statewide in October were up about 1% from the prior month.
November 14 -
With the new compliance requirements and rules from government entities including the Consumer Finance Protection Bureau, we have now stepped into the age of a new normal.
November 14 -
October marked the 16th consecutive month where scheduled judicial foreclosure auctions increased from a year ago.
November 14 -
Bank of America has created a technology platform to better connect mortgage holders to customer service employees when those customers fall into delinquency.
November 14 -
It is their corporate culture which sets Quicken apartbut that culture is what others can copy.
November 14 -
The Synergy Award commends technology initiatives and alliances that encourage the integration of software and processes to promote automation, efficiency and broad mortgage industry use. Learn about this year's finalists and see who won the 2013 MT Award.
November 13 -
LendingTrees Borrower Health Score fell almost 2 points from 2Q13 and now has a mark of nearly 80 through the third quarter. This score is still some 7 points above a year earlier.
November 13 -
They are looking to fix the industrys reputation and that should help the scores on customer service surveys like the one J.D Power is releasing on Nov. 14.
November 12 -
Lenders reduced credit score minimums on loan products as originations declined.
November 12 -
Like clockwork every 30 years, steady and reliable Ginnie Mae revamps its technology whether it needs to or not.
November 12 -
Florida continues to lead the nation in foreclosure inventory, but trailing it is not another sand state but rather the Garden StateNew Jersey.
November 11 -
He has been president since 2002 and will become CEO on Dec. 7.
November 11 -
Refinancings drop below 70% of loan acquisitions for the first time in years.
November 11 -
Housing economists expect home prices to end 2013 up nearly 7% year-over-year, but this trend is not projected to sustain this pace through 2018.
November 11 -
Refinancings made up just 28% of loan production in September.
November 8 -
Higher interest ratesup to 5.4% by the end of the yearwill take some affordability out of the market.
November 8 -
Frank Danna shows how valuations executives have had to rely on technology and shrewd quality control measures to keep up with upward pressure on appraisal prices.
November 8



