Technology

Hint: businesses should be focused on data strategy and security, from the individual up to the enterprise level.

As the pressure builds for mortgage lenders to offer digital — specifically mobile — tools, innovators in the space are encouraging the industry to keep the customer as the focus in designing new offerings.

No-action letters from the Consumer Financial Protection Bureau can be an essential tool for lenders in striving to the mortgage process more consumer-friendly through inventive products and service — but lenders must seek them out.

After nearly 20 years of talk, the time for e-closings is finally here, thanks to a push from government regulators and a broad shift in acceptance across demographics.

From electronic closings to e-warehouse lending, these executives are leading a movement to recast the industry's approach to digital.

Appraisal management company Solidifi has acquired Linear Title & Closing, a provider of national title searches and mortgage closing services.

The number of misrepresentations in mortgage applications continued to decline in February, benefiting from lenders' increased spending on compliance, said First American Financial Corp.

The Depository Trust & Clearing Corp. and Digital Asset Holdings are targeting the repurchase agreement market as the latest use case for a blockchain solution.

A jury awarded Mount Olympus Mortgage Co. more than $25 million in a lawsuit alleging "corporate espionage" by former employee Benjamin Anderson and his new employer, Guaranteed Rate.

LoanLogics has raised $10 million in new capital that the mortgage software vendor plans to use to support its growth.