Technology

With hundreds of digital mortgage products on the market, lenders must focus on their core business objectives to avoid getting overwhelmed by all the bells and whistles, says Teresa Blake, managing director of business optimization at KPMG.

Residential mortgage loan exchange provider Maxex has closed a new $38 million funding round it will use to improve and expand various aspects of its platform.

Mid America Mortgage CEO Jeff Bode is on a mission to show reluctant title agents and other business partners the value of embracing digital mortgages.

Fannie Mae will add an appraisal waiver option for mortgages in regions that its Duty to Serve program designates as high-needs rural areas, but only if home inspections are completed instead.

Fiserv Lending Solutions' rebrand to Sagent Lending Technologies reflects the company's focus on a more efficient process for mortgage and consumer lenders.

A new financial technology company called Scratch is planning to use a new web-based platform along with an alternative pricing model to compete with companies that service mortgages and other consumer loans.

AI and blockchain technology are going to change the financial services business. How much? Steve Brown, aka "The Bald Futurist" suspects you're underestimating.

Bill Emerson, the vice chairman of Quicken Loans, said mortgage lenders need to give time to consider innovation and not be deterred by naysayers.

It's good advice in any relationship context. SunTrust's Bryce Elliott wants transparency from his technology partners. "It's OK to tell me no."

The bank pared down its application to 50 questions and allows customers to do the easy work before turning it to the loan officer.