Some of the employees impacted are from recently acquired SimpleNexus

The migration to Empower LOS from the public company's own independent system should be completed by 2024.

The Texas bank will let customers go through the entire process on their phones, at the same time that it emphasizes human service that is not impacted by commissions.

First tip: Don't rely too heavily on mobile to reach them.

The latest month's volume was more than $20 billion lower than in March 2020.

One product aims to make it easier to customize connections with consumers, another helps with vendor management and a third helps size up collateral.

While mortgage and real estate startups currently face a challenging environment in seeking investors, some companies are finding venture capital.

Marianne Sullivan will be charged with overseeing the start of the second phase in a multi-year plan to develop cloud native technology at the servicing software company.

A survey of 100 lenders in December found that almost half (47%) of the participants closed a loan package using digital solutions, such as eSignatures and remote online notarization.

Company president and former Fannie Mae CEO Tim Mayopoulos will step down in the first quarter, one of four few resignations among leadership this month.

Among its major accomplishments in the past year were an update to its Reference Model, the foundation for most of its standards.

The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.

Difficult economic conditions will persist, with inflation and a potential recession weighing on minds, but investment in mortgage technology remains a priority, according to new survey research.

As challenges will persist in the year ahead, the industry still plans on development, growth and new technology

The government bond insurer, an arm of the Department of Housing and Urban Development, confirmed no borrowers were impacted by the transfer of servicing from the bankrupt Reverse Mortgage Funding.

The past 12 months were chock full of impactful changes to the home lending industry but keep an eye on these in particular in the new year.

Automation similar to that used by appraisers working with homeowners during the pandemic can be used by inspectors getting information about damage from weather events and disasters too.

The Federal Housing Administration cited concerns that included the seasonal "tripledemic" and staff shortages at servicers.

The pending merger of Black Knight and ICE threatens to create a monopoly not unlike Ticketmaster, writes the chief executive officer of Figure Technologies.

Despite cutting back on other tech spending, some lenders plan to deploy these tools in the second quarter of next year, the company's director of banking, mortgage and insurance automation solutions says.