Technology

Servicers should make some simple requests of their tech vendors to tailor compliance systems to their needs and avoid the headaches of overhauling compliance systems.

There is no universal definition of "TRID-ready," but any vendor claiming it's prepared for the new integrated disclosures should allow lenders to test the changes. Here's what to look for, and the red flags that should be cause for concern.

Heartland Financial USA has hired Insuritas to help it expand its insurance business.

Connected Investors has created a new centralized real estate investment funding portal that the Wilmington, N.C.-based company believes will simplify deals and relationships.

Brian Webster, the Consumer Financial Protection Bureau's mortgage originations program manager who has worked on a number of technology-related policy and research initiatives, is leaving the agency to join Wells Fargo Home Mortgage.

The rising costs to service mortgages reflects a market where there are not only downsides to being too small, but hurdles to being too large — raising the question of whether there's a middle ground where servicers are not too big, not too small, but just right.

The Home Mortgage Disclosure Act data set to be released in the next few weeks will offer new proof that mortgage lending activity was stronger than expected last year. That fresh data, the likely delay in Fed action on rates and other factors could prompt higher volume estimates for 2015.

Lenders must leverage a variety of tools, from Boomer parents to mobile technology to connect and engage with millennial mortgage borrowers.

Fraud risk has diminished as a result of widespread changes that lenders have made to their origination practices, according to Fitch Ratings.

Marketplace lenders seek to disrupt traditional financial services with online platforms that connect borrowers to investors. But in real estate, this burgeoning sector has taken an approach that seeks to co-exist with, rather than supplant, the traditional mortgage market.