Technology

Electronic signatures and remote online notarization can now be used for mortgages that previously were signed in person, subject to certain restrictions.

The data aggregator assembled a group of technology companies that has developed a set of security standards for startups. It is open for comment ahead of an anticipated implementation in the second half of next year.

A pilot conducted with a handful of independent financial advisors has transitioned to a full roll-out, with the lender offering a discount of up to $5,000 to potential borrowers through the broker-dealer.

The fintech’s algorithms are programmed like "Tesla’s self-driving cars," according to the company’s CEO.

The company increased and diversified its income streams beyond the mortgage sector but expenses associated with stock-based compensation and a recent acquisition outweighed these gains.

But overall, customers are less satisfied with their origination experience compared with the 2020 survey, according to J.D. Power.

The two fintechs look to streamline document capture and credit decisioning for lenders.

With today’s generation of home buyers so rooted in a digital world, how will the financial services industry need to change to meet their needs? What new consumer technology will they need to adopt to meet consumers where they are? How will those approaches differ from how things have been done historically in the industry? Join us in a discussion with Blend’s Founder, Nima Ghamsari as we chat through how banks and financial institutions need to think through these questions.

If lenders build this technology, data suggests that borrowers will come walking out of the cornfields for it — but Congress needs to pass the SECURE Act first.

The company is making progress on a focus shift to recurring revenues from transactional activities.