Technology

Using historical patterns to predict the next financial success or crisis seems rational. But beware the human psyche’s tendency to concoct order out of randomness.

After launching construction lending support via Encompass in February, Ellie Mae sees shrinking construction loan closing times and increased volume.

Radian Group posted a net loss of $27.3 million on charges associated with the planned restructuring of its underperforming mortgage and real estate services unit.

Fiserv has acquired the assets of PCLender, a mortgage loan origination system vendor based in Reno, Nev.

CoreLogic will fully integrate its 4506-T income verification product in August with Fannie Mae's Desktop Underwriter platform to provide Day 1 Certainty service.

Loan officers are joining the increasing number of real estate agents telling daily “stories” on Snapchat and Instagram to build name recognition, increase referrals and reach more core customers.

A decline in overall customer brand perception has stalled mortgage servicer satisfaction, ending a multiyear trend of steady improvements, according to J.D. Power.

Ellie Mae had second-quarter net income of $18.8 million, a 77% increase over the $10.6 million in the same period last year largely due to a tax accounting change.

Borrowers can now self-serve when submitting application information at U.S. Bank, but the bank also has proprietary technology aimed at keeping loan officers looped in to help with product selection.

FNF Group has acquired Real Geeks to target single real estate agents unaffiliated with a team.