Technology

Among other things, the technology suite provides a view of the loan pipeline, productivity stats and private-label branding.

Through the end of August, the U.S. loan delinquency rate—loans 30 or more days past due, but not in foreclosure—stands at 6.2%.

Some are technologically complicated while others are simple, easy and effective.

Optical character recognition used to “read” documents still has challenges when it comes to identifying data on forms, but these can be addressed.

LendingTree has created its own Credit Accessibility Report, which will measure the likelihood of borrowers gaining access to credit for home loans based on its own data.

Rising mortgage interest rates are undercutting a revival in the housing market and creating a drag on the economy.

New home sales staged a comeback in August as sales in the South rebounded by 14%.

Tactile Finance is rolling out a new feature for its Pro product for mortgage loan officers, a screen-sharing function which lets them remotely show and explain to their clients the benefits of different loan scenarios.

This year, the market for mortgage servicing rights has heated up and the price for these rights has increased at least one full multiple while the number of active buyers appears to have quadrupled on advertised bids.

Wipro Gallagher Solutions on Wednesday officially launched its “Lend Value” suite of enterprise loan origination technology, integrating its three technologies.