Technology

The range of loan products offered by mortgage lenders and investors has been narrow since the housing crisis, but a few underserved niches are starting to make a comeback.

Upgrading communications technology is imperative, but only one way, for mortgage servicers to prepare for an onslaught of consumers accustomed to high-touch, individualized attention.

Ellie Mae will add new integrations of Fannie Mae's automated loan review technology to its loan origination system to help lenders ensure loans remain eligible for sale throughout the underwriting process and eliminate surprises at the end.

Zillow Group in Seattle has agreed to buy DotLoop in Cincinnati, a provider of real estate document technology.

Black Knight Financial Services Inc. is benefiting from new banking regulations that push mortgage lenders to use automation software, sending the company's shares surging since its initial public offering two months ago.

Mortgage Builder general manager Larry Alston is overseeing an update of the LOS aimed at the self-service customer.

To avoid alienating a consumer base increasingly expecting digital options, lenders must take the plunge and update old loan origination systems that cannot accommodate today's technology demands.

Fannie Mae has introduced a smartphone application designed to help potential homeowners learn how to save for their first purchase.

A new platform developed by Overture Technologies seeks to pair consumers and lenders online without charging for advertising by the number of clicks or leads generated.

Lenders and real estate agents may have to extend the usual 30-day timelines for rate locks and sales contracts while they get acclimated to the new Consumer Financial Protection Bureau mortgage disclosures that take effect in October.